Judge Lewis A. Kaplan ordered the former billionaire remanded after prosecutors pushed to have his bail revoked, citing violations that included Bankman-Fried’s admitted usage of VPN software that he said was to watch an NFL game and the judge’s view that he had attempted to tamper with witnesses “at least twice.”
RIP BOZO
Maybe he can bring some effective altruism to his cell mates.
NOOOO WHAT ABOUT THE EFFECTIVE ALTRUISMINOS? WHO WILL WE TURN TO ENSURE TRILLIONS OF IMMORTAL CYBER GODS SMILING BACK AT US IN THE FAR FUTURE?
This is the best summary I could come up with:
FTX co-founder Sam Bankman-Fried (SBF) has been on house arrest in California since December while awaiting trial on fraud and money laundering charges over the crypto exchange’s collapse, but today he was sent to jail, as first reported by Inner City Press.
Judge Lewis A. Kaplan ordered the former billionaire remanded after prosecutors pushed to have his bail revoked, citing violations that included Bankman-Fried’s admitted usage of VPN software that he said was to watch an NFL game and the judge’s view that he had attempted to tamper with witnesses “at least twice.”
Docket entry from Friday’s Bond Revocation Hearing:
The witness tampering covered Bankman-Fried sharing documents used in a New York Times article reporting on diary entries written by Caroline Ellison, the former co-CEO of Alameda Research and SBF’s ex, who has already pleaded guilty and is cooperating as a witness against him.
The other incident covered Bankman-Fried’s attempts in January to contact FTX general counsel Ryne Miller over email and the encrypted messaging platform Signal.
I’m a bot and I’m open source!
fuck this fucking guy so hard. The fact that he’s been able to UP UNTIL NOW spend all his time in the lap of luxury in palo alto is a disgrace.
He was living in a house his parents bought with money laundered from user deposits that he stole. His parents are paying his lawyers with that money, too.
Dudes a moron. All he had to do was sit at home and do nothing.
Just goes to show Sammy is nothing more than a techbro.
LOL. LMAO.
Fuckin finally. So, so tired of every white collar shitbro being afforded every opportunity to keep being a shitstain.
Everyone from fuckin SBF to Donald Fuckin Trump.
Stop glad handing these pricks and treat them like you would any other criminal, worthless fucking “justice” system.
Regular ass people can be beaten and arrested based on cops getting the wrong person, and then when you justifiably “resisted” because you’re fucking innocent, it means you’ll have “resisting arrest” charges following you the rest of your fucking life.
Yet these pricks can make calls about when they’ll turn themselves in.
What about Biden, Hilary, Anthony Fauci, Bill Gates, etc. Why haven’t they faced justice yet?
For what would they face justice?
removed by mod
Mate, if that’s a problem in American politics then the Republican party is in trouble
Never was. Do some research next time instead of spreading lies and hate. You’re only making yourself look like a fool.
I’m not making up BS when I mentioned those names. If you want me to spill out the crimes they’ve done, I can. Trump isn’t the only one that is corrupt. Corruption runs deep in the USA from all parties.
LOL
In the end it doesn’t matter much. He will be convicted and this will count as time served
He’s not facing two months. He’s facing 115 years to 155 years according to federal sentencing guidelines. Even if he’s only found guilty of one single count, he will do 20 years minimum.
Certain groups of internet people have been saying he’s going to get away with this the entire time. And everything points to the opposite. And now his bail has been revoked, and the goal post is being moved.
This dude is beyond fucked. It’s time to find someone else to talk about when it comes to the failures and special treatment related the justice department. Using him as an example of said failures really waters down that otherwise valid complaint.
I see your point, but SBF is still a great example of the inequalities of the justice system quite well. Not just because of this incident, but specifically because he is getting the book thrown at him.
SBF is the 2023 version of Ken Lay–he is being made an example because he stole from other rich people.
I wasn’t saying he was getting a plea deal. Just that this will count as part of his time.
Ah sorry I misunderstood.
It will count, but his time served won’t be a drop in the bucket. They’re gonna bury this clown.
If he violated terms of bail and committed a crime in doing so, that should result in bail forfeiture. Bail was $250 million.
You don’t get to be a billionaire by paying for NFL Sunday Ticket. Embrace hustle and grind culture!
sam bankrun-fraud
To quote a great poet, a haiku:
ha ha ha ha ha
ha ha ha ha ha ha ha
ha ha ha fuck you
Beautiful
I must obligingly credit the great MiddleAgeRiot, who should really get over to the fediverse already: https://twitter.com/middleageriot/status/1666969837988356096
He’s on bsky, if that helps @middleageriot.bsky.social
I know that our incarceration facilities are inhumane but would be lying if there wasn’t a bit of ugly schadenfreude I feel knowing he’ll be in one of the most notorious places in the whole system. No kiddie gloves
Whatever prison he goes to wouldn’t be as bad as the ones regular folks go to.
boo hoo, said nobody
Sam Bankman-Jailed!
Sam Bankman-Deepfried
I can’t believe these ethical altruists are so amoral. Wow
