SBF, arrested!

[franky1]

the evidence from wang would also be interesting

the current ceo (ray) has seen that the co-mingled funds needed SBF and wang to be involved in moving the funds becasue he said they were involved in moving funds to bahamas authorities on the last day of operating (the supposed we been hacked)

so eang as co-signer will have alot of proof that SBF was involved in alot of coin movements

[justdimin]

with her pleading guilty, all she has to do is act as witness to say SBF is the mastermind. instant judgement against SBF

if she was not a key holder and SBF was.(which seems to be whats being said by current CEO) then SBF is double screwed.

as he should be

As expected Caroline Ellison wanted to lighten her sentence and most probably he will point all the blame to SBF.  I believe with lots of news and rumors saying that Caroline is cooperating with FBI, there is no doubt that she will be considered one of the state witnesses against SBF.   I always thought that Caroline is just a figurehead of Alameda and that the real person behind it is SBF.  You can get a hint during Caroline's interview and videos before the FTX collapse.

This was both good and bad for the users though. It at least puts the spotlight on SBF and he has to prove his innocence now, instead of having any type of law where they would need to provide his guilt, now the ball on his court and he has to provide that he wasn't guilty.

I believe that we should be waiting for a response and maybe we would get a solution to his situation and this whole deal, but it could also mean that the defence will drag this a lot longer as well we have no idea. The best thing we could do right now would be making sure that we have all the details, and right ones instead of just blames, but lets not hold our breath about finding a solution just yet.

(I just heard from some unverified sources that SBF got $250M bail).

[bbc.reporter]

The winner of this whole FTX and Alameda comedy show is Sam Trabucco, the former CEO of Alameda. He resigned with good timing, only 3 months before the collapse hehehe. In any case, the skeptical me thinks that there might be more on this. He might either have very good timing skills or he might be an informant? I leave this decision to you.