Sam Bankman-Fried = guilty!

[dmbrocker]

Looks like he's going away for a long time, too. Anyone here following this?

[Indy_Rob]

Following it somewhat. He’s toast. Everyone turned on him and testified against him. And he made the ill- advised choice to testify in his own defense. Easy conviction. Hope he rots for life.

[Bono Nettencourt]

He had no choice. They weren't going to cut him a deal because everyone else sang to save their own skins, so he shot his shot, long as it was.

[Indy_Rob]

He had no choice. They weren't going to cut him a deal because everyone else sang to save their own skins, so he shot his shot, long as it was.

True. It was a Hail Mary shot. He had nothing to lose, I guess, but testifying in your own defense rarely works out. And he was horrible on the witness stand.

[dmbrocker]

Sentencing announced today. 25 years in the pokey, though maybe less with good behavior:

https://www.msn.com/en-us/news/crime/di ... r-BB1kGdFq

[Indy_Rob]

He's going to Federal Pound Me In The Ass Prison.

[EzyRider]

"Hello, I need my 8 billion dollars back, can you arrange for a transfer?"

"(short silence) ... uuuuh, what 8 billion dollars are you talking about?"

I think there is around 9 billion still missing!!

https://www.theguardian.com/business/20 ... x-money-go

"At trial, the court heard from an accounting expert who said that $11.3bn in customer funds were supposed to be held at Alameda Research, FTX’s hedge fund arm. But only $2.3bn could be located. The rest had gone toward investments, political contributions, charity foundations and real estate purchases. FTX, remarkably, had left almost no records of transactions"

[ChipsRoach]

This is what happens when you run a business under the influence of micro-dosing on shrooms, ecstasy, and who knows what else. At least the DNC got a shit-ton of contributions.