Sam Bankman-Fried doesn't recall

Re:Sam Bankman-Fried doesn't recall by pphysch on Tuesday October 31, 2023 @01:30PM (#38088377)

> Behind all the finance sheets and code bases, the fall of FTX was in a way incredibly childish: a nerd posse running away with a bunch of other people’s money in the stupidest and simplest way possible.

And yet our bimodal justice system spends huge amount of resources giving this 31yo fraudster every possible chance to escape the consequences, simply because he is a member of the elite.

[ Parent | on HN ]

Re:Sam Bankman-Fried doesn't recall by spiderice on Tuesday October 31, 2023 @01:31PM (#38088399)

Probably because he's on trial..

[ Parent | on HN ]

Re:Sam Bankman-Fried doesn't recall by pphysch on Tuesday October 31, 2023 @01:44PM (#38088590)

The fact that there's a significant chance that he can get away with totally inept, broad daylight theft of billions of dollars is a major motivation for such crimes.

Millions of Americans aren't afforded such luxuries; they can't afford adequate legal resources, maybe they get manipulated into a bad plea deal. Hence we have a clearly bimodal justice system.

[ Parent | on HN ]

Re:Sam Bankman-Fried doesn't recall by edgyquant on Tuesday October 31, 2023 @01:42PM (#38088562)

Every US citizen is guaranteed a right to a trial by a jury.

[ Parent | on HN ]

Re:Sam Bankman-Fried doesn't recall by jowea on Tuesday October 31, 2023 @08:16PM (#38093103)

Not everyone gets a top notch lawyer and money for bail through.

[ Parent | on HN ]

Re:Sam Bankman-Fried doesn't recall by justrealist on Tuesday October 31, 2023 @01:45PM (#38088612)

Let's focus on giving other people resources so they can have a fair trial, rather than complaining that someone does did get it.

[ Parent | on HN ]