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Started By
Message
re: SBF interview
Posted on 12/9/22 at 8:25 am to UltimaParadox
Posted on 12/9/22 at 8:25 am to UltimaParadox
We have no problem extraditing non US nationals in foreign countries for dealing drugs. We can't easily extradite a US citizen from a foreign country who ripped off billions? Doesn't add up
1
Posted on 12/9/22 at 8:49 am to TheOcean
quote:
We have no problem extraditing non US nationals in foreign countries for dealing drugs. We can't easily extradite a US citizen from a foreign country who ripped off billions? Doesn't add up
They have to build a case for something very complex. You have to prove intent.
Why SBF has not been arrested yet
Plus the idiot is still giving interviews, he obviously feels like he is going to get away with it. Might as well let him hang himself
Posted on 12/12/22 at 6:56 pm to RemouladeSawce
quote:... and so on the cusp of Congressional Testimony in which he could only hurt himself, the DOJ has him arrested.
This is an industry-changer, the investigations are going to be as thorough as possible, they'll build their usual completely airtight cases for charges,
Posted on 12/12/22 at 9:45 pm to NC_Tigah
quote:
and so on the cusp of Congressional Testimony in which he could only hurt himself, the DOJ has him arrested.
He already missed the deadline for the Senate hearing, he was never going to show.
Posted on 12/13/22 at 6:41 am to Jag_Warrior
quote:
What really amazes me is how many seasoned VCs got suckered by a child wanting to play office. Seems like the very structure of FTX was a giant red flag.
I feel that's because too many go chasing after unicorns and rainbows and abandon sound investing principals trying to catch the next big wave instead of riding sustainable waves.
I don't know how much of that is driven by investment people trying to be the top of their field and how much of that is clients pushing their managers to take bidder risk?
Either way everyone gets hurt when stuff like this happens.
Posted on 12/13/22 at 8:15 am to Snipe
quote:
I feel that's because too many go chasing after unicorns
The way I heard it explained is that in the VC world, the risk of not betting on the next big thing is much greater than betting on a loser. You can take a lot of losers if you bet on the next big thing but if you miss the next big thing, you can't make up for the other losers.
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