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re: Why aint the FTX guy in jail yet?

Posted on 12/12/22 at 7:24 am to
Posted by Snipe
Member since Nov 2015
16569 posts
Posted on 12/12/22 at 7:24 am to
quote:

Why aint the FTX guy in jail yet?


A billion dollars buys a lot of blind politicians.
Posted by tigerfan 64
in the LP
Member since Sep 2016
6409 posts
Posted on 12/12/22 at 7:24 am to
quote:

Are you implying he didn’t donate to republicans as well?

If you have proof, show it.
If that was true, it would be blasted 24/7 in the media till he was in shackles.
His donations to democrats are well documented, hence the media blackout.
Posted by LRB1967
Tennessee
Member since Dec 2020
23154 posts
Posted on 12/12/22 at 7:25 am to
He would have to be extradited first. It is my understanding that the government is trying to get the ball rolling on this.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475854 posts
Posted on 12/12/22 at 7:26 am to
quote:

If that was true, it would be blasted 24/7 in the media till he was in shackles.

It's been reported on this board multiple times.

He was greasing the political machine to get a seat at the table when crafting the regs for his industry. It wasn't specifically partisan as much as just classic crony capitalism.
Posted by Proximo
Member since Aug 2011
23960 posts
Posted on 12/12/22 at 7:28 am to
It was absolutely partisan
Posted by ezride25
Constitutional Republic
Member since Nov 2008
26537 posts
Posted on 12/12/22 at 7:34 am to
quote:

The feds aren't going to just arrest him on a hunch and then do the investigation.


But raiding MAL on a hunch and then doing the investigation was perfectly fine, despite the fact that they found nothing?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475854 posts
Posted on 12/12/22 at 7:42 am to
quote:

But raiding MAL on a hunch

Dude this is not the example you think it is. They went back and forth for months, if my memory is correct over a year, before they did the raid.

Now the raid was a big unnecessary show of force. I can't believe I have to keep adding qualifications but just so that this doesn't get diverted. The point is that they had a long investigation and communication process before they got search warrant

Lastly, Trump wasn't arrested

So no your example has no applicability to this discussion
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
10337 posts
Posted on 12/12/22 at 7:48 am to
Here's a nugget I did not know...his parents are Profs at Stanford Law and he used them to bolster his credibility among investors.

WSJ

quote:

Sam Bankman-Fried, founder of the collapsed exchange FTX, always stood apart from other cryptocurrency entrepreneurs, and it wasn’t for his baggy shorts or taste in videogames.

Both his parents, as Mr. Bankman-Fried would note in meetings with Washington policy makers, are professors at Stanford Law School. Their reputations were a credential to their son as he grew his crypto empire, even to those inclined to see little value in the industry.


quote:

Ms. Fried co-founded a super PAC known as Mind the Gap, which aims to use statistical analysis to help determine which Democratic candidates to support financially. She has resigned as chairwoman, her spokeswoman said.

Mr. Bankman has pushed for a system where the government would perform the role of tax preparer for American workers. Tax preparers lobbied against it. He poured $35,000 of his own money into counter-lobbying in California.


quote:

Ms. Fried and Mr. Bankman raised their two sons on the Stanford campus, near a student house known for its vegan food and nude parties.

Ms. Fried and Mr. Bankman often spoke to their young sons as if they were adults and encouraged others to do the same, friends and colleagues said. While many of the other children would leave the table at the Sunday dinner parties to watch TV in another room, Sam and his younger brother, Gabe, usually stayed with the adults.


quote:

FTX’s troubles, and Mr. Bankman-Fried’s central role, have reverberated through faculty lounges across the country. Last month, Stanford colleagues bristled when Bill Maher took aim at Mr. Bankman and Ms. Fried during a segment on his HBO show.

Mr. Maher noted essays by Ms. Fried that seem to categorize personal responsibility and blame as outdated. “You were raised wrong,” the comedian said, punctuating with a profanity.
Posted by ezride25
Constitutional Republic
Member since Nov 2008
26537 posts
Posted on 12/12/22 at 7:51 am to
Oh but it does.

But qualify away, if it makes you feel (D)ifferent.
Posted by the808bass
The Lou
Member since Oct 2012
128655 posts
Posted on 12/12/22 at 7:51 am to
quote:

He was greasing the political machine to get a seat at the table when crafting the regs for his industry. It wasn't specifically partisan as much as just classic crony capitalism.


Lol
Posted by dgnx6
Member since Feb 2006
89464 posts
Posted on 12/12/22 at 7:53 am to
Because the money funded campaigns.

Posted by Gifman
Clearwater Beach, FL
Member since Jan 2021
18731 posts
Posted on 12/12/22 at 7:54 am to
quote:

wasn't specifically partisan


Lord what happened to you?
Posted by dgnx6
Member since Feb 2006
89464 posts
Posted on 12/12/22 at 7:54 am to
quote:

Here's a nugget I did not know...his parents are Profs at Stanford Law and he used them to bolster his credibility among investors.


And you pay journalists to write puff pieces about you.

Posted by prplhze2000
Parts Unknown
Member since Jan 2007
58094 posts
Posted on 12/12/22 at 7:55 am to
Probably needs to be indicted first and that requires a thorough forensic accounting. That takes awhile
Posted by dgnx6
Member since Feb 2006
89464 posts
Posted on 12/12/22 at 7:55 am to
quote:

Lord what happened to you?



He’s always thought he was smarter than he his.

Like his big I’m smarter and more cultured than you would be, oh I voted for Kanye.

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475854 posts
Posted on 12/12/22 at 7:55 am to
quote:

Oh but it does.

How?

quote:

But qualify away, if it makes you feel (D)ifferent.

Um, direct comparisons is not "qualifying"

When was Trump arrested?

What time elapsed from the first correspondence about the records and the raid?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475854 posts
Posted on 12/12/22 at 7:56 am to
quote:

Lord what happened to you?

I've always hated crony capitalism
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475854 posts
Posted on 12/12/22 at 7:58 am to
quote:

oh I voted for Kanye.

I mean I wasn't going to vote for Jo Jorgenson

And the Prohibitionist Party wasn't on the ballot in 2020 like it was in 2008
Posted by tigerfan 64
in the LP
Member since Sep 2016
6409 posts
Posted on 12/12/22 at 7:58 am to
At what ratio, 25:1, D>R?
Was he the #2 political donor to republicans like he has been proven to be so for dems?

Open your eyes.

If it was even close to a 1:1 ratio, the media would be crucifying him as a republican donor, but they can't because it would shine the light on dirty leftist politics.
Posted by Cobra Tate
Dubai
Member since Nov 2022
991 posts
Posted on 12/12/22 at 7:59 am to
quote:

It wasn't specifically partisan


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