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FTX insider Caroline Ellison has been moved out of prison
- dhruv3006 10mo agoSo you can always get away with fraud?
- btilly 10mo agoShe's still serving her sentence. Just not in prison. As for why it is so short, that's her reward for helping them get SBF.
- latchkey 10mo agoWhat's amazing is that they needed her help.
- eightman 10mo agoThere's a reason SBF was arrested and tried within a year while other complex financial fraud cases take years to get a conviction.
- latchkey 10mo agoDec 11, 2008: Madoff arrested; scheme revealed. March 12, 2009: Madoff pleads guilty to 11 federal felonies. June 29, 2009: Sentenced to 150 years in prison and ordered to forfeit $17.179 billion.
- bdcravens 10mo agoIn Madoff's case, he confessed to his sons. So again, this was a case of an insider having the goods, not the result of a speedy investigation.
- eightman 10mo agoI mean yeah Madoff confessed and made the case open and shut. SBF entered a Not Guilty plea but Ellison for all intents and purposes entered a Guilty plea on his behalf with her co-operation.
- sidewndr46 10mo agoYour timeline is correct, but once Madoff was confronted he just confessed and everything moved forward.
- bfg_9k 10mo agoI mean, the guy was constantly high on nootropics and they had no idea what actual investments FTX made. I'd imagine most of the time was just spent untangling that web, his case was more or less a slam dunk.
- satanschosen 10mo ago[dead]
- giacomoforte 10mo agoThe interesting question is, will her career/business ventures suffer from here onwards?
- cosmicgadget 10mo agoHopefully people recognize that while SBF lost a bunch of money on one poor investment (her), Ellison lost a bunch of money on many poor investments. She's probably doomed in traditional investment circles but there's always crypto!
- tedd4u 10mo agoCurious how much of her ill-gotten gains she will keep.
- andrewinardeer 10mo agoIs it deliberate that I've never seen a media outlet publish a flattering photo of her? That said, when the movie is inevitably released they'll probably cast Scarlett Johansson or Cailee Spaeny as her.
- charlieglass 10mo ago[flagged]
- pppppiiiiiuuuuu 10mo agoNearly all of the photos of her I can find are of her walking to and from a car. The others (which were very few and only one of which I thought was a good photo) seem like social media pics that news agencies probably couldn't publish. That does make more challenging to get a good picture of her, but I have a hard time believing they couldn't have done better that the one at the top of the article. It's particularly bad.
- bloqs 10mo agojust looks like a normal person who is not posing for a photo, not some influencer
- pppppiiiiiuuuuu 10mo agoTo me it looks like when you take a bunch of pictures while someone is talking and some of them look extremely awkward because their mouth in a weird shape.
- jibal 10mo agoSo find a better one: https://www.google.com/search?sca_esv=38054e44cdb63b92&sxsrf=AE3TifPMBdBiHZ4IdUAITeNpMK02aOELzA:1766375353973&udm=2&fbs=AIIjpHxU7SXXniUZfeShr2fp4giZ1Y6MJ25_tmWITc7uy4KIeqDdErwP5rACeJAty2zADJjYuUnSkczEhozYdaq1wZrEheAY38UjnRKVLYFDREDmzxDQH5cf73Nv5SUwLly1WG01kd0x6xwqRzi4OBnEW65tn62XvLTlOVUiuqU_-c52rQSPbzBVwa4gwPo8bjR3cgzknkm5OeDockKv0WDUfN-v0gyB1Q&q=Caroline+Ellison&sa=X&ved=2ahUKEwj3z438pNCRAxVqPkQIHdWfLv8QtKgLegQIIBAB&biw=2493&bih=1313&dpr=1.51 https://www.google.com/search?sca_esv=38054e44cdb63b92&sxsrf...
- alexey-salmin 10mo ago[flagged]
- drawfloat 10mo agoThis seems such a bizarre statement to make about Europeans, which isn’t…in anyway true? Europeans start working straight out of school, college, or university same as the US?
- croemer 10mo agoAt leas in some European countries there was quite a tradition of studying for long amounts of time, like 6 or so. Add a PhD, military service and long high school and you end up with 19+2+6+3=30. No gap year etc.
- lores 10mo agoWe're talking low 1-digit percents here. The "tradition" of PhDs is a niche one.
- glimshe 10mo agoMany people become professional students when high education is free. This problem isn't exclusive to Europe, but less common in the US. In Latin America, many people take on masters and PhD while living with their parents. You are often seen as smarter than the idiot who's working.
- piva00 10mo ago> In Latin America, many people take on masters and PhD while living with their parents. You are often seen as smarter than the idiot who's working. In Latin America a very small minority of young people even get to go to a proper academic institution and not just a quasi-degree mill college. For those going to somewhat reputable institutions with post-tertiary programs it's another small minority that gets to a masters degree, with even fewer getting into a doctorate track... Quantify "many people" because it's absolute bullshit it's any kind of representative cohort of the population with the means to achieve this.
- whatsupdog 10mo agoFrom being one of the richest men, to being sold to a lifetime of prison by your mid gf. What a wild ride!
- seec 10mo agoThere is no honor among thieves, and there is even less honor in women who often turn out to be legal thieves. That should be a warning to any man, but of course that's not politically correct to say.
- whatsupdog 10mo agoHonour evolved from the tendency to stay within a group. When you are in a group, your chances of survival increase. But in a group you also have to stand up for you comrades - leading to a feeling of honour. Women just end up with the winning team. It's much easier for a woman to ditch a losing group and join the winning one. That's why honour has not evolved in women as opposed to men.
- seec 10mo agoYes, I entirely agree. Even without being part of a group, women will support you as long as you are winning or at least appear to be winning. But the moment your position becomes precarious, they'll just leave. There are evolutionary reasons for that: women can't side with someone who won't be able to defend them since they don't have the strength to defend themselves. But nowadays you can't say that because of feminism and identity politics. That's just how things are, and why I think men should always be careful about the trust they put in women around them. They are much more likely to throw you under the bus than even a man who dislikes you.
- pseingatl 10mo agoIt's hard to keep up a skin care routine in the can.
- easyThrowaway 10mo agoAt the end of the day she and the other members of the board who took the plea bargain are basically keeping most of the money, right? I know I'm basically in conspiracy territory here, but I can't stop thinking this was planned well beforehand and SBF was just the biggest moron they could find as the fall guy. Like, if what they say about him is remotely true they could've planned everything while he was playing LoL during meetings or something.