usrevenge t1_j2t33dr wrote
Reply to comment by IWankToTits in Sam Bankman-Fried pleads not guilty to federal fraud charges in New York amidst renewed federal probe by fadufadu
Idk he did the biggest crime possible in the us.
He stole from the rich.
WorldWarTwo t1_j2td6ho wrote
The big no no in the US
Potential-Double7210 t1_j2ttygp wrote
It is highly speculated that when FTX was going down and a bank run on the company seemed to be in it's infancy, they gave what money they still had to their most important/wealthy investors first, although SBF characterizes this as FTX having given back requested withdrawals on a "first come, first serve" basis.
IWankToTits t1_j2t38e7 wrote
Eh... he also donated a lot of money to politicians.
Send-More-Coffee t1_j2ucd1q wrote
Yeah, but he's no longer able to donate to politicians. Politicians are kind of big on "What can you do for me?" types of exchanges. (Note: Good politicians are using this to score investment for their constituents, whereas bad politicians for themselves. Ugly politicians don't play this game and shit all over everything. Case in point: today's House of Representatives.)
IWankToTits t1_j2ucm9r wrote
I mean that's as easy as cut me some deals and I'll throw some money your way for reelection.
He has billions
Send-More-Coffee t1_j2uf7v8 wrote
Pretty sure that he's in trouble specifically for the fact he doesn't have billions.
IWankToTits t1_j2ugioz wrote
I mean the problem is his users don't have their money. It's pretty clear he has some extreme wealth tucked away.
Bokth t1_j2t4gr0 wrote
He better not get Judge Whitey then
sevnm12 t1_j2uosuf wrote
Those poor rich people. He's going to burn for that! (Actually though)
notaredditer13 t1_j2utk1j wrote
>He stole from the rich.
Did he though? Most crypto investors aren't rich. They're kids who are too young to remember Beanie Babies.
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