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Re:Sam Bankman-Fried tries to explain himself by monero-xmr on Wednesday November 16, 2022 @04:11PM (#33630668)
A programmer who helped create Tornado Cash rots in a Dutch jail cell (not charged, might I add) while SBF, Do Kwan, Elizabeth Holmes, and Trevor Milton still remain free. SBF is actually in a $30 million penthouse playing League of Legends. Clown world
Re:Sam Bankman-Fried tries to explain himself by wollsmoth on Wednesday November 16, 2022 @04:15PM (#33630742)
Holmes is getting sentenced this week. It took years to get there. This isn't going to happen overnight.
Re:Sam Bankman-Fried tries to explain himself by marricks on Wednesday November 16, 2022 @04:25PM (#33630874)
> This isn't going to happen overnight

What isn't going to happen overnight, justice? A fairer world?

I don't think a fairer world is on its way, I wish it was but the powerful won't be held accountable because people simply don't have the power to hold them accountable. We simply don't live in a just world.

Re:Sam Bankman-Fried tries to explain himself by wollsmoth on Wednesday November 16, 2022 @04:33PM (#33630986)
Yeah, life isn't fair. I have a wfh job software engineering in my PJs while some people need to spend their lives doing hard labor in the sun.

Holmes is probably going to prison. Idk what's going to happen with SBF, but to prosecute you need evidence and there's a process.

Re:Sam Bankman-Fried tries to explain himself by mcgannon2007 on Wednesday November 16, 2022 @04:31PM (#33630956)
Overnight "justice" precludes due-process which is necessary for a fairer world.
Re:Sam Bankman-Fried tries to explain himself by xur17 on Wednesday November 16, 2022 @04:30PM (#33630942)
Why did it happen overnight for the programmer that helped create Tornado cash then?
Re:Sam Bankman-Fried tries to explain himself by wollsmoth on Wednesday November 16, 2022 @04:42PM (#33631107)
different legal system. Also check the other reply to you.
Re:Sam Bankman-Fried tries to explain himself by loeg on Wednesday November 16, 2022 @04:31PM (#33630962)
It would be helpful to get the facts straight: https://news.ycombinator.com/item?id=33630936
Re:Sam Bankman-Fried tries to explain himself by tester756 on Wednesday November 16, 2022 @04:23PM (#33630851)
Interesting
Re:Sam Bankman-Fried tries to explain himself by peterpost2 on Wednesday November 16, 2022 @04:30PM (#33630936)
About the programmer in a dutch cell: that is not true, he is in "voorarrest" which is in an arrest house not in a jail cell. Maximum time for that is a 110 days(depending on the complexity of the case).

And yes he is not charged but he has seen a judge who has heard both sides and decided there was a strong enough case to hold him there( which is quite rare i might add and generally only happens for severe cases).

Re:Sam Bankman-Fried tries to explain himself by _dain_ on Wednesday November 16, 2022 @06:52PM (#33632778)
we would laugh at this kind of dissembling gobbledegook if it came from a nonwestern country. the dutch need to charge him with something or release him. 110 days is preposterous.
Re:Sam Bankman-Fried tries to explain himself by peterpost2 on Friday November 18, 2022 @05:12AM (#33652691)
110 days is very long yes. Note though that its still less than plenty of other European countries.
Re:Sam Bankman-Fried tries to explain himself by boeingUH60 on Wednesday November 16, 2022 @04:14PM (#33630715)
On the bright side, Holmes and Milton have been convicted and will be sentenced…Holmes’ sentencing is barely two days away.
Re:Sam Bankman-Fried tries to explain himself by simonebrunozzi on Thursday November 17, 2022 @05:10AM (#33636947)
AFAIK, Milton managed to cash out a lot of money, and even with a conviction, he will have a very comfortable "economic" life irrespective of what he will do next.
Re:Sam Bankman-Fried tries to explain himself by ravenstine on Wednesday November 16, 2022 @04:20PM (#33630797)
One person is a threat to multinational regal order and the other benefits it. That's the difference. Not clown world so much as the world isn't what the 20th century told us it was.
Re:Sam Bankman-Fried tries to explain himself by loeg on Wednesday November 16, 2022 @04:31PM (#33630951)
The wheels of justice grind slowly.

Holmes will see real prison soon.

Do Kwan is on the lam. When he's caught, he will do time.

SBF will almost certainly do time. FTX only imploded this week.

Re:Sam Bankman-Fried tries to explain himself by game_the0ry on Wednesday November 16, 2022 @04:21PM (#33630810)
Agreed, and I am a fan of your user name.
Re:Sam Bankman-Fried tries to explain himself by arcticbull on Wednesday November 16, 2022 @04:23PM (#33630854)
They should all be in prison bud and they’ll get their turn - the wheels of justice grind slow but they grind exceedingly fine. To avoid bringing them in without a charge yet, which is one of your main objections, the authorities are preparing their cases before arrest. And coordinating with many different parties, governments and police forces can take a long time.

There’s no one “international police” and each nation has to coordinate - and acts at its own cadence.

Re:Sam Bankman-Fried tries to explain himself by TremendousJudge on Wednesday November 16, 2022 @04:35PM (#33631017)
They grind at different speeds depending on who you are. Have the wrong skin color at the wrong time and the wheels of justice will sentence you to execution you on the spot, no evidence, case, or trial necessary.
Re:Sam Bankman-Fried tries to explain himself by pastor_bob on Wednesday November 16, 2022 @04:22PM (#33630833)
The crypto community begged the regulators to stay out of it and now they're crying about getting scammed.

I am lucky enough to live in New York, so even when tempted, I couldn't partake in this charade without trying to find a bunch of shady loopholes.

But as for the others, I guess you just can't win.

Re:Sam Bankman-Fried tries to explain himself by mcast on Wednesday November 16, 2022 @04:23PM (#33630843)
It helps to have rich and connected parents, it also helps even more to donate millions to politician's campaigns.
Re:Sam Bankman-Fried tries to explain himself by delusional on Wednesday November 16, 2022 @04:14PM (#33630723)
I'd rather have an FTX scandal than Tornado Cash. I'd rather someone does some fraud than actual funneling of money to terrorists, druglords, gangs, and other problematic organizations.
Re:Sam Bankman-Fried tries to explain himself by monero-xmr on Wednesday November 16, 2022 @04:20PM (#33630793)
Encrypted messaging also helps terrorists, child sex abusers, arms dealers, and all manner of crime. It would be 100% safer if all messages were funneled through government servers for scanning.

However, as a society a choice we made was to enable individuals to message secretly with each other over encrypted communications, even if there are significant and documented harms to society.

Tornado Cash did not rob from 1 million retail customers, while FTX did. I think your argument is far too simple.

Re:Sam Bankman-Fried tries to explain himself by data_maan on Wednesday November 16, 2022 @04:35PM (#33631024)
> It would be 100% safer if all messages were funneled through government servers for scanning.

Uh... what?!

You do know that if you break encryption for gov't you break it for the bad guys as well?...

You do know that there are all kinds of nations that will throw you in prison if you hold the "wrong" opinions, which those opinions become known when they are funneled through the gov't servers?...

Re:Sam Bankman-Fried tries to explain himself by jacoblambda on Wednesday November 16, 2022 @04:38PM (#33631060)
You might want to re-read that. The comment was comparing privacy preserving transactions against privacy preserving messages to illustrate the point that both are essential technologies for society.
Re:Sam Bankman-Fried tries to explain himself by jacoblambda on Wednesday November 16, 2022 @04:36PM (#33631037)
> I'd rather someone does some fraud than actual funneling of money to terrorists, druglords, gangs, and other problematic organizations.

Considering that Tornado Cash implemented OFAC compliance and they were still banned would suggest to me that this isn't a fair take. Tornado Cash had long since blacklisted known accounts from sanctioned organisations and tried to be overwhelmingly transparent about the fact that the project was focused on providing privacy for normal people and complying with regulations and sanctions to the best of their ability.

One of the major issues with the US in particular is that regulatory and enforcement agencies refuse to establish well defined guidelines that are compatible with digital ledger tech. You can have privacy preservation and regulatory compliance all at once via zero knowledge proofs (as an example solution) however regulatory agencies insist that organisations operate within a system that provides significantly weaker compliance guarantees while also eliminating any means for privacy. Tornado Cash tried to operate within that weaker system to the best of their ability and repeatedly reached out to officials in good faith to properly implement compliance. Despite that they were still sanctioned.

Re:Sam Bankman-Fried tries to explain himself by TheLoafOfBread on Wednesday November 16, 2022 @04:18PM (#33630769)
So can we expect also arrest of people from Binance, who were helping to bypass sanctions for Iran?

https://www.reuters.com/business/finance/exclusive-crypto-ex...

Re:Sam Bankman-Fried tries to explain himself by ceejayoz on Wednesday November 16, 2022 @04:28PM (#33630910)
Whenever they stray into US or an ally's jurisdiction, I'd imagine.

I suspect they're smart enough not to.

Re:Sam Bankman-Fried tries to explain himself by Guthur on Wednesday November 16, 2022 @04:18PM (#33630776)
Wasn't FTX supporting war?
Re:Sam Bankman-Fried tries to explain himself by nailer on Wednesday November 16, 2022 @04:15PM (#33630744)
Tornado Cash is private banking. The writer of the code did nothing wrong by writing it.
Re:Sam Bankman-Fried tries to explain himself by Beltalowda on Wednesday November 16, 2022 @04:24PM (#33630868)
He wasn't arrested for "writing the code", but for direct involvements (and making large sums of profit) for money laundering. Whether he is guilty of that: we'll see what comes up in the trail, but he certainly wasn't arrested "for writing code".
Re:Sam Bankman-Fried tries to explain himself by nailer on Wednesday November 16, 2022 @05:08PM (#33631498)
I have heard that too but it’s hard to know (either way) what he was arrested for as he hasn’t been charged after three months detention.

The police statement is https://www.fiod.nl/arrest-of-suspected-developer-of-tornado... - it seems to say he facilitated money laundering. Which could mean simply writing code or could mean doing more.

More info on https://www.notion.so/FreeAlex-campaign-1f8db0a2fdfc48b3b86a... which is a horrible notion site with a strange and awful UI.

Re:Sam Bankman-Fried tries to explain himself by leesalminen on Wednesday November 16, 2022 @04:19PM (#33630786)
Open source code should be considered protected speech. The fact that it’s not should scare the daylights out of any OSS contributor.

Also, privacy should be a human right.

If you disagree with the above, you might be a fascist.

Re:Sam Bankman-Fried tries to explain himself by ceejayoz on Wednesday November 16, 2022 @04:29PM (#33630925)
It's protected speech. What you do with it can be criminal.

Code for an Arduino that moves a robotic arm is legal. Using it to pull a trigger and kill someone isn't.

Re:Sam Bankman-Fried tries to explain himself by leesalminen on Wednesday November 16, 2022 @04:31PM (#33630954)
Of course. Was the tornado cash person arrested for using the code in an illegal way or just for publishing the code?
Re:Sam Bankman-Fried tries to explain himself by ceejayoz on Wednesday November 16, 2022 @06:38PM (#33632634)
We don't entirely know. The fact that the other Tornado Cash contributors weren't similarly arrested may be informative.
Re:Sam Bankman-Fried tries to explain himself by adynaton on Wednesday November 16, 2022 @04:19PM (#33630783)
Username checks out (I'm sorry)