Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor...
by Animats on Tuesday December 13, 2022 @01:13PM
(#33973174)
Madoff was treated very gently for decades.
Incidentally, here's the list of real estate in the Bahamas purchased with FTX funds.[1] Here's the "Albany resort", where most of those properties are.[2]
There was discussion earlier about prosecutors having to prove criminal intent. Did this happen by accident, or were those guys stealing the money for their own benefit? It doesn't matter much what Bankman-Fried has been saying. When the prosecutors have to convince a jury of criminal intent, expect those pictures of the Albany resort to be shown. They didn't buy all those luxury condos with FTX funds by accident.
Incidentally, here's the list of real estate in the Bahamas purchased with FTX funds.[1] Here's the "Albany resort", where most of those properties are.[2]
There was discussion earlier about prosecutors having to prove criminal intent. Did this happen by accident, or were those guys stealing the money for their own benefit? It doesn't matter much what Bankman-Fried has been saying. When the prosecutors have to convince a jury of criminal intent, expect those pictures of the Albany resort to be shown. They didn't buy all those luxury condos with FTX funds by accident.
[1] https://restructuring.ra.kroll.com/FTX/Home-DownloadPDF?id1=...
[2] https://www.albanybahamas.com/