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Re:Sam Bankman-Fried and the geometry of conscience by chaosbolt on Sunday November 13, 2022 @05:24AM (#33581729)
You don't go to prison when you are the 2nd biggest donor to the current president's campaign.

Mark Karpales didn't go to prison for Mt Gox, he spent some months in jail because they were afraid he might leave Japan + Japan isn't like the west he prpbably doesn't have connections there, then left and worked for different financial companies and then started another company assessing risk or something.

Alex Mashinsky (founder of Celcius) didn't go to prison either.

On the other hand, Do Kwon (Terra) is a fugitive and interpol is looking for him, and Satish Kumbhani (Bitconnect) got indicted but disappeared so the cops are looking for him.

So yeah you have to turn off your pattern recognition or else be called a bad name.

Re:Sam Bankman-Fried and the geometry of conscience by eterm on Sunday November 13, 2022 @05:30AM (#33581763)
To be accurate, Mark Karpeles was sentenced to prison, albeit a suspended setence.
Re:Sam Bankman-Fried and the geometry of conscience by michaelt on Sunday November 13, 2022 @06:52AM (#33582195)
Calling a suspended sentence "didn't go to prison" is accurate, because you do not go to prison.

So I'm not sure what you're correcting here.

Re:Sam Bankman-Fried and the geometry of conscience by sschueller on Sunday November 13, 2022 @06:15AM (#33582000)
Does anyone remember Marc Rich?

"Clinton's critics alleged that Rich's pardon had been bought, as Denise Rich had given more than $1 million[36] to Clinton's political party (the Democratic Party), including more than $100,000 to the Senate campaign of the president's wife, Hillary Rodham Clinton, and $450,000 to the Clinton Library foundation during Clinton's time in office.[31]"

https://en.wikipedia.org/wiki/Marc_Rich

Re:Sam Bankman-Fried and the geometry of conscience by pjc50 on Sunday November 13, 2022 @06:52AM (#33582199)
Is there a Presidential pardon that wasn't abusive of the system? From Nixon to Iran-Contra to war crimes in Afghanistan?
Re:Sam Bankman-Fried and the geometry of conscience by jasonwatkinspdx on Sunday November 13, 2022 @07:26AM (#33582425)
Lots. The abusive ones get the press but there's a lot more than just never get attention. Obama issued a ton of clemency and pardons, a large portion of which were non violent drug sentences.
Re:Sam Bankman-Fried and the geometry of conscience by oldgradstudent on Sunday November 13, 2022 @06:35AM (#33582098)
These things take a ridiculous amount of time.

Theranos was exposed as a fraud in 2015. but only now, in 2012, Elizabeth Holmes' trial has reached sentencing with the prosecution asking for 15 years.

It's an unbelievable amount of for persecutors to untangle the web of transactions to be able to prove to a jury the existence and scale of fraud.

I would bet that both Mashinsky and SBF will spend a lot of quality time in a federal prison.

Re:Sam Bankman-Fried and the geometry of conscience by chaosbolt on Sunday November 13, 2022 @08:20AM (#33582767)
>I would bet that both Mashinsky and SBF will spend a lot of quality time in a federal prison.

They won't, Mashinsky will NEVER go to prison for Celsius, and SBF, if somehow was to go to prison, will commit suicide on his first day there (suicide will be commited upon him but potato potato).

Re:Sam Bankman-Fried and the geometry of conscience by pjc50 on Sunday November 13, 2022 @06:40AM (#33582129)
> yeah you have to turn off your pattern recognition or else be called a bad name

I don't see what's wrong with having "crypto=fraud" pattern recognition?

(Especially "staking"/"yield farming"! Anyone offering risk free high return is being dishonest about one of those two aspects)

Another good piece of pattern recognition: is this being run from a financial secrecy or tax evasion jurisdiction? (In this case, the Bahamas)

Re:Sam Bankman-Fried and the geometry of conscience by chaosbolt on Sunday November 13, 2022 @08:07AM (#33582685)
Well you didn't understand what I was implying: Enron's Skilling is in prison, Theranos' Holmes is being sentenced to prison, Do Kwon of Terra is a fugitive, the Bitconnect guy is a fugitive. The only guy from 2008 to go to prison was Kareem Serageldin, an Egyptian.

Celsius' Mashinsky, MtGox's Karpales didn't go to prison, and I bet Bankman-Fried won't either. Epstein has been investigated by the FBI for 20 years before going to prison and during the Deutsche Bank - Epstein trial a pizza delivery guy rang the door of the son of the judge overseeing the trial, and shot him dead after he opened the door.

Is you don't see a pattern between the two paragraphs then what do you want me to tell you, just stick to the news.

Re:Sam Bankman-Fried and the geometry of conscience by quickthrowman on Sunday November 13, 2022 @08:57AM (#33583109)
Why would anyone help him out when he won’t be able to donate in the next election cycle? I’m just speculating since I’m not a billionaire lobbying congress, but I’d imagine there’s little reason to help someone who cannot donate in the future.
Re:Sam Bankman-Fried and the geometry of conscience by guilhas on Sunday November 13, 2022 @12:26PM (#33585134)
Maybe the victims can get some millions from Alex Jones