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A comment on The United States of America vs. Samuel Bankman-Fried Indictment [pdf]. Parent comment

Re:The United States of America vs. Samuel Bankman-Fried Ind... by Negitivefrags on Wednesday December 14, 2022 @12:48AM (#33980404)
He certainly committed fraud, but it’s certainly unusual that he was prosecuted for it when nobody lost money. In fact, investors did well.

It’s hard not to feel like this is not a thing that would have been investigated had he not been a totally raging asshole.

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Re:The United States of America vs. Samuel Bankman-Fried Ind... by seanhunter on Thursday December 15, 2022 @12:05AM (#33995452)
It’s not true that nobody lost money in spite of the fact that he made this claim in court and it is repeated frequently. The court found he reduced the gains from group A to pay off losses from group B. People in group A lost money that was rightfully theirs as a result of his actions.
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