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SBF sentencing begins today

Posted on 3/28/24 at 8:21 am
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
4303 posts
Posted on 3/28/24 at 8:21 am
Prosecution wants 40-50 years

SBF team wants 5-6 years because they claim FTX customers "will get their money back"
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
116092 posts
Posted on 3/28/24 at 8:22 am to
quote:

FTX customers "will get their money back"


Sure they will.
Posted by RanchoLaPuerto
Jena
Member since Aug 2023
222 posts
Posted on 3/28/24 at 8:32 am to
“Going Infinite” by Michael Lewis is a great read on SBF, and not very long.
Posted by idlewatcher
County Jail
Member since Jan 2012
78927 posts
Posted on 3/28/24 at 8:42 am to
quote:

SBF team wants 5-6 years because they claim FTX customers "will get their money back"


His parents gonna sell their house in the Bahamas?
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
30009 posts
Posted on 3/28/24 at 8:42 am to
For those who don't keep up with the latest acronyms used for people or the current crypto currency news, the OP is discussing Sam Bankman-Fried, founder of FTX cryptocurrency and notable scam artist.

Posted by charminultra
Member since Jan 2020
2517 posts
Posted on 3/28/24 at 8:43 am to
He'll get 3 years, out in 1.5 year with good behavior
Posted by Hangit
The Green Swamp
Member since Aug 2014
39068 posts
Posted on 3/28/24 at 8:45 am to
quote:

His parents gonna sell their house in the Bahamas?


Yes, and all of the Dems he funded with stolen money are writing checks as we type. What about all of the people who owned bitcoin t $5k and would sell at $70k. Will he make them whole?
Posted by danilo
Member since Nov 2008
20064 posts
Posted on 3/28/24 at 8:45 am to
quote:

His parents

Hope those frickers end up in prison too
Posted by nycguy
Member since Jan 2024
34 posts
Posted on 3/28/24 at 8:56 am to
You're a dumbass if you think SBF was dem.
Posted by CatfishJohn
Member since Jun 2020
13338 posts
Posted on 3/28/24 at 9:08 am to
I think his lawyers have also argued that if he's released he can "become a philanthropist and do good in the world".

Philanthropist with what money? He better not have two nickels to rub together until the billions he stole from normal people is paid back in full.
Posted by tigersmanager
Member since Jun 2010
7320 posts
Posted on 3/28/24 at 9:11 am to
he's a democrat he wont be in jail long
Posted by fr33manator
Baton Rouge
Member since Oct 2010
123937 posts
Posted on 3/28/24 at 9:11 am to
Give him a hot turtle tank so he feels at home
Posted by BottomlandBrew
Member since Aug 2010
27069 posts
Posted on 3/28/24 at 9:25 am to
quote:

He'll get 3 years, out in 1.5 year with good behavior


Not looking so hot for SBF. So far, the judge is tearing him a new a-hole. Judge says he dgaf about repaying customers and that SBF still committed major crimes. The judge also accused SBF of perjury. It looks like the judge is about to throw the book at him.

quote:

"The defendant's assertion that FTX customers and creditors will be paid in full is misleading, it is logically flawed, it is speculative," Kaplan said. "A thief who takes his loot to Las Vegas and successfully bets the stolen money is not entitled to a discount on the sentence by using his Las Vegas winnings to pay back what he stole."


quote:

Judge Kaplan stated at the SBF sentencing trial on March 28 that he found SBF committed perjury in previous trials. SBF falsely testified in court that he was unaware of Alameda's activities and the $8 billion deficit in FTX customers' funds until late 2022. Kaplan asked SBF's lawyers for a rebuttal, to which lawyer Mukasey responded he was unaware of the situation.
This post was edited on 3/28/24 at 9:27 am
Posted by Hangit
The Green Swamp
Member since Aug 2014
39068 posts
Posted on 3/28/24 at 9:29 am to
quote:

You're a dumbass if you think SBF was dem.



Please link me to where I said he was Dem, motherfricker. He donated millions in other people's money to Democratic candidates.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421881 posts
Posted on 3/28/24 at 9:32 am to
I was told he would never be convicted, let alone get real time.
Posted by tigersmanager
Member since Jun 2010
7320 posts
Posted on 3/28/24 at 9:33 am to
he and his parents are connected to democrats look up the facts they gave money to other side to keep his scam going
Posted by BottomlandBrew
Member since Aug 2010
27069 posts
Posted on 3/28/24 at 9:34 am to
SBFs attorney:

quote:

Mukasey: He's an awkward math nerd. He's into veganism. He has an off the chart intellect. He is a beautiful puzzle. He can parse words better than a Talmudic scholar. He was a billionaire unconcerned about material possessions


Posted by Honkus
Member since Aug 2005
51060 posts
Posted on 3/28/24 at 9:34 am to
This sexy lil thang gonna be there to hear the sentence?

Posted by sqerty
AP
Member since May 2022
4869 posts
Posted on 3/28/24 at 9:39 am to
Put him in the stockade in Times Square for a month and let people throw rotten food at his face. The idiots promoting that bullshite are the real criminals.

That super sexy girlfriend/accomplice was the Mastermind anyway.
Posted by CatfishJohn
Member since Jun 2020
13338 posts
Posted on 3/28/24 at 9:41 am to
quote:

SBFs attorney:

quote:
Mukasey: He's an awkward math nerd. He's into veganism. He has an off the chart intellect. He is a beautiful puzzle. He can parse words better than a Talmudic scholar. He was a billionaire unconcerned about material possessions


He spent $300m on various lavish properties and toys in the Bahamas.
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