Re:Crypto dominoes fall in the wake of FTX's collapse
by BurnGpuBurn on Thursday November 17, 2022 @11:10AM
(#33640961)
I just can't get my head around why SBF and his cronies aren't in jail yet. Guess it might never happen with friends like that.
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Re:Crypto dominoes fall in the wake of FTX's collapse
by ceejayoz on Thursday November 17, 2022 @11:14AM
(#33641029)
No criminal fraud prosecution happens that quickly, and the "friends" are only friends when there's millions of donations to throw around. None of the politicians SBF and his co-CEO were purchasing will be returning their calls today.
Re:Crypto dominoes fall in the wake of FTX's collapse
by rufusroflpunch on Thursday November 17, 2022 @11:16AM
(#33641051)
Hopefully it is just a matter of them still trying to figure out the depth and nature of the crimes.
Re:Crypto dominoes fall in the wake of FTX's collapse
by kayamon on Thursday November 17, 2022 @11:16AM
(#33641054)
People in finance don't go to jail.
Re:Crypto dominoes fall in the wake of FTX's collapse
by dehrmann on Thursday November 17, 2022 @11:45AM
(#33641564)
What specific crime are you accusing him of?
Re:Crypto dominoes fall in the wake of FTX's collapse
by recursive on Thursday November 17, 2022 @12:10PM
(#33642074)
"I'm surprised you didn't hit any trees running through that forest with your eyes closed."
"Which specific tree do you think I should have hit?"
Re:Crypto dominoes fall in the wake of FTX's collapse
by hanniabu on Thursday November 17, 2022 @11:55AM
(#33641764)
He stole user funds to use in his investment company. He even built a backdoor in the accounting system to move the money without setting off alerts with the security send audit team.
Re:Crypto dominoes fall in the wake of FTX's collapse
by IfOnlyYouKnew on Thursday November 17, 2022 @01:39PM
(#33643507)
Going bankrupt is not a crime in itself (ask any former president, one has experience and the other is a lawyer)). Yes, there is a lot that looks kinda criminal, but it will take a bit more than a week to put together a criminal prosecution.