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Re:FTX founder Sam Bankman-Fried to be released on $250M bail by googlryas on Thursday December 22, 2022 @04:52PM (#34099304)
Should be denied access to the internet too, like most internet related criminals are on bond conditions.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by emn13 on Thursday December 22, 2022 @05:00PM (#34099400)
How about: "No use of any software or device that includes any cryptographic algorithms."

:-P

Back to the stone age it is!

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by grubbs on Thursday December 22, 2022 @05:40PM (#34099875)
He could still mine crypto with a pen and paper!
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by dmitryminkovsky on Thursday December 22, 2022 @06:24PM (#34100342)
0.67 hashes per day
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by optimalsolver on Thursday December 22, 2022 @06:35PM (#34100441)
Semi-relevant XKCD:

https://xkcd.com/505/

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by jrockway on Thursday December 22, 2022 @05:58PM (#34100079)
That seems needlessly cruel.

I'm all for getting to the bottom of what SBF did, but he hasn't been convicted of any crime yet. It's important that we go through the process before applying punishments.

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by bigmattystyles on Thursday December 22, 2022 @06:12PM (#34100214)
I wonder what those in pretrial detention in Rikers do without internet, there only because they don’t have resources to bond out.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by jrockway on Thursday December 22, 2022 @06:22PM (#34100320)
Your solution to needless suffering is to add more needless suffering?
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by vkou on Thursday December 22, 2022 @07:36PM (#34100927)
If we only permitted accused criminals to have public defendants, instead of being able to hire expensive lawyers, I expect that improving the public defense system would magically become a priority for everyone. If we got rid of TSA-precheck, I would expect some of the bullshit that regular travelers have to go through would be eliminated.

It's pretty easy for people with power and influence to not give a shit about what the rest of us have to deal with, when they never need to experience it.

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by andsoitis on Friday December 23, 2022 @12:29AM (#34102596)
> If we got rid of TSA-precheck, I would expect some of the bullshit that regular travelers have to go through would be eliminated. It's pretty easy for people with power and influence to not give a shit about what the rest of us have to deal with, when they never need to experience it.

I must admit: if TSA pre-check is an example of what people with power & influence get away with, then I can simply not be convinced of your case.

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by joejerryronnie on Friday December 23, 2022 @12:38AM (#34102636)
As a TSA-precheck member, I’ve never felt like part of the ruling class until today. Bow before me and tremble!
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by dmkolobov on Thursday December 22, 2022 @07:51PM (#34101032)
Probably more like equity before the law.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by jrjrmlrlrlrr on Thursday December 22, 2022 @07:55PM (#34101060)
He caused $8 billion in suffering and you're concerned he can't use the internet?
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by whyenot on Thursday December 22, 2022 @09:08PM (#34101564)
That has not been proven. He hasn’t had a trial yet. Maybe you are unfamiliar with the US justice system, but at least in principle the idea is to only punish after someone has been found guilty.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by user_named on Friday December 23, 2022 @05:43AM (#34104343)
No, it's proven and it's a fact. Legal liability within the US and to what extent, for what, hasn't been proven.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by prawn on Thursday December 22, 2022 @06:43PM (#34100520)
I think if his suggested crime involved use of the internet, there's a case for withholding internet from him. Hard to supervise that at a family home, however.

Cruel might be a bit of a stretch. He can read and do some sketching. Bit of home maintenance. Have a crafternoon or two.

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by chihuahua on Thursday December 22, 2022 @08:47PM (#34101411)
Spend some time thinking about how to make effective altruism even more effective. And bake some sourdough bread.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by googlryas on Thursday December 22, 2022 @06:46PM (#34100548)
Not really, my thought is any kind of bail jumping or favor calling in, or attempts at covering up evidence would be done on the internet. It's to preserve the effectiveness of the trial, not just some arbitrary punishment.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by coffeebeqn on Thursday December 22, 2022 @07:38PM (#34100937)
No internet? Oh the humanity
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by smcl on Thursday December 22, 2022 @08:32PM (#34101306)
What would this achieve? I think SBF has done a load of financial crime, but I don’t think we are at risk of him spinning up a new token and making millions. Internet is required for a lot of normal shit, making it illegal is a really cruel punitive thing
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by tosc on Thursday December 22, 2022 @09:02PM (#34101522)
> I don’t think we are at risk of him spinning up a new token and making millions.

Why not? He has stated that he intends to earn the money again to pay back the creditors.

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by colechristensen on Thursday December 22, 2022 @09:13PM (#34101597)
I don’t know about cruel, he’s just preparing for a significant legal defense. Communications, researching, etc using the internet is an important part of defending himself in court which he deserves a fair shot at. The purpose of the bail is to enable him to better participate in the upcoming legal proceedings.
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by thelastgallon on Thursday December 22, 2022 @10:24PM (#34102030)
Don't forget the interviews!
Re:FTX founder Sam Bankman-Fried to be released on $250M bail by russdill on Thursday December 22, 2022 @09:49PM (#34101825)
I realize that it's easy to reach the forgone conclusion that yes, he's guilty and a criminal. You'd have to really tie yourself into knots to find out how he could be innocent. But our legal system still treats people not yet convicted as....not yet convicted.

Speaking more generically, people released on bond need to be able to have the resources necessary to form a proper defense, and also to try and avoid their entire life being destroyed by an arrest that may or may not lead to a conviction.

Re:FTX founder Sam Bankman-Fried to be released on $250M bail by throwaway2037 on Thursday December 22, 2022 @11:12PM (#34102264)
Normally, I agree. However, considering the statements from current CEO John J. Ray III and two guilty pleas from insiders, it is hard to believe he is innocent. In the digital era, wire fraud is so simple to prove and can carry huge jail sentences. Honestly, I wonder if he will also plead guilty. The evidence against him looks enormous. Even with a guilty plea, I expect 10-20 years jail sentence and all assets seized.