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re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by lsuroadie
on 12/1/22 at 7:45 am to Bobby Western

they got away with killing JFK, this is a walk in the park
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by fr33manator
on 12/1/22 at 7:46 am to Bobby Western

quote:
Guy 100% committed fraud and stole BILLIONS of dollars from innocent people.
Yeah, but he funneled it to politicians.
But remember, the IRS is about to come after you if you don’t have some receipts from selling something you bought 15 years ago
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by Cymry Teigr on 12/1/22 at 7:47 am to Bobby Western
The way I can see this playing out is the DNC will push for some kind of new legislation to prevent something similar from occurring in the future and will hail SBF as the hero who brought the pitfalls to light.
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by JudgeHolden
on 12/1/22 at 7:47 am to Bobby Western

Same reason as always. He gave enough to both sides that they are all in the same boat.
FTX billionaire Sam Bankman-Fried funneled dark money to Republicans
FTX billionaire Sam Bankman-Fried funneled dark money to Republicans
quote:
“I donated to both parties. I donated about the same amount to both parties,” Bankman-Fried told the crypto commentator and citizen journalist Tiffany Fong.
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by cas4t
on 12/1/22 at 7:49 am to TomJoadGhost

quote:
Bro, hardly any f the bank execs that caused the last housing market crash and subsequent recession were punished for it, and they operated in a highly regulated industry. This country has a terrible track record of holding the wealthy and powerful accountable for their transgressions.
Yep. We shouldn’t expect any different.
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by Hurricane Mike
on 12/1/22 at 7:50 am to Bobby Western

Dims get away with whatever the hell they want, it’s a part of communism
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by EZE Tiger Fan on 12/1/22 at 7:52 am to JudgeHolden
quote:
Same reason as always. He gave enough to both sides that they are all in the same boat.
I have no doubt some RINO's got paid off too. We found that out when Trump was impeached for pointing out that the Ukraine was a money laundering scheme for the Uniparty.
Is there anywhere that we can find who he gave to? I don't believe anything the guy says.
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by athenslife101
on 12/1/22 at 7:53 am to TomJoadGhost

quote:
Bro, hardly any f the bank execs that caused the last housing market crash and subsequent recession were punished for it,
The banks didn’t cause it. They ended up a major part, but not the cause. The cause was the mortgages in the first place. Way too many sub-prime loans flooding the market by sleazy mortgage agents and no one cared because there were no macro views at the time that correctly looked at the risk factors
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by MetroAtlantaGatorFan on 12/1/22 at 7:53 am to Bobby Western
Sounds like Kanye has a point.
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re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by foosball
on 12/1/22 at 7:56 am to Bobby Western

CNBC
So basically, he’s going to pin the whole thing on the gremlin who ran Alameda

quote:
"I didn't ever try to commit fraud on anyone," Bankman-Fried said. "I saw it as a thriving business and I was shocked by what happened this month."
quote:
Sorkin asked Bankman-Fried why FTX and Bankman-Fried even had access to customer money. "I wasn't running Alameda, I didn't know exactly what was going on, I didn't know the size of their position," Bankman-Fried said. "A lot of these are things I've learned over the last month [in the days leading up to bankruptcy.]"
So basically, he’s going to pin the whole thing on the gremlin who ran Alameda
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by taylormade
on 12/1/22 at 7:56 am to Bobby Western

I just got an FTX logo on the back of my fortune in a fortune cookie
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by Triple Bogey
on 12/1/22 at 7:57 am to JudgeHolden

quote:
Same reason as always. He gave enough to both sides that they are all in the same boat.
Show me evidence or shut up. The interim CEO transitioning the company into bankruptcy also did Enron and said this was the absolute worst thing he’s ever seen in his entire career. All of the executives in Enron either killed themselves or went to prison.
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by Boudreaux35 on 12/1/22 at 8:00 am to Bobby Western
People have gotten away with pyramid schemes forever. If you're stupid enough to play the game, you deserve what you get. The early "investors" always win, or as you say, "get away with it."
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by EZE Tiger Fan on 12/1/22 at 8:00 am to athenslife101
quote:
The banks didn’t cause it. They ended up a major part, but not the cause. The cause was the mortgages in the first place. Way too many sub-prime loans flooding the market by sleazy mortgage agents and no one cared because there were no macro views at the time that correctly looked at the risk factors
Correct, and the biggest thieves in the process, Franklin Raines, got off with over 60M in personal wealth. Despite being a criminal, he was praised by people like Maxine Waters, and Obama had him as a guest on stage during the immaculation. Anyone who dared call out Raines was called a racist.
I remember it very well.
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by CocomoLSU
on 12/1/22 at 8:02 am to Triple Bogey

quote:
How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.
It's not crazy at all when you consider who he was in bed with (figuratively, not literally

It's the same reason Epstein was able to get away with his shite for so long...he was working with very wealthy and high-up people in government. People who have the power make the rules, and his mutually-assured destruction approach to it is what kept him free and operating for so long. It's also what eventually got him killed too, but still...he did that shite for DECADES.
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by Darth_Vader
on 12/1/22 at 8:12 am to Bunk Moreland

quote:
He's going on Good Morning America either today or tomorrow for a rehab tour. MSM is treating him like an 8 year old who took some candy.
Well the MSM is literally the propaganda wing of the Democrat Party. You don’t realistically expect them to go against a guy who laundered tens of millions through Ukraine of for them do you?
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by jrobic4
on 12/1/22 at 8:12 am to JudgeHolden

quote:
crypto commentator and citizen journalist
Fancy way of saying "blogger"
re: How absolutely crazy is it that Sam Bankman-Fried is going to get away with it.Posted by WylieTiger
on 12/1/22 at 8:13 am to Bobby Western

Tin foil Hat
THEY will slap him on the wrist. THEY will keep him around behind the scenes to set up another scheme like this, except this time, it will be kept under cover, and THEY will make billions.
He's too valuable to them. I say this because if it were any other person, they would already be in custody and buried under the jail.
THEY will slap him on the wrist. THEY will keep him around behind the scenes to set up another scheme like this, except this time, it will be kept under cover, and THEY will make billions.
He's too valuable to them. I say this because if it were any other person, they would already be in custody and buried under the jail.
This post was edited on 12/1 at 8:17 am
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