SBF-Denies Improper use of Customer Funds in a 1 on 1 Interview

[Minecache]

He won't do it. He'll want to wait for the verdict first and this will take at least a year. Then, if he gets 30 years or more, there's a chance he'll do it.

For a young guy, getting out at his 60s or 70s is like a death sentence, especially that he's a weak looking guy. If he got into a prison camp he might survive, but in a normal federal prison he won't make it with all those street thugs around. He'll end up as someone's girlfriend.

Should we care about him? It wasn't a mistake that he made. It was years of stealing before he got caught. He knew what he was doing.
I'd be more willing to release Ross than SBF and Ross is in for life.

LOL.. do you really think that this guy will spend more than a few weeks behind bars? He made hundreds of millions of USD worth of donations to various political causes (the vast majority of which went to the Democrat Party), and his parents are very rich and influential. He may get sentenced to a lengthy jail term, but I don't think that he will serve more than 1% of that time in a proper prison. Ross Ulbricht's case was different. He was from the other extreme of the political prism and he went against the system. You can't compare Sam Bankman Fraud to Ross Ulbricht.

Have you been following SBF's trial recently? According to an article I read recently, the trial is over and he has been convicted of 7 different crimes. What's even more interesting is that he could be sentenced to up to 115 years in prison and everything is almost certain and is no longer a rumor. His lawyer couldn't get him out of even a single charge, let alone get him out of jail. I think his connections and contributions to politics were useless because it couldn't save him from those counts.
https://www.cnbc.com/2023/11/02/sam-bankman-fried-found-guilty-on-all-seven-criminal-fraud-counts.html

[Antotena]

LOL.. do you really think that this guy will spend more than a few weeks behind bars? He made hundreds of millions of USD worth of donations to various political causes (the vast majority of which went to the Democrat Party), and his parents are very rich and influential. He may get sentenced to a lengthy jail term, but I don't think that he will serve more than 1% of that time in a proper prison. Ross Ulbricht's case was different. He was from the other extreme of the political prism and he went against the system. You can't compare Sam Bankman Fraud to Ross Ulbricht.

The law doesn't give a room for sentiments, that's one thing I understand about law. If you are guilty of something, he ready to do the jail. SBF case is just a United state case, it's a global case that the world is watching, and the world is watching, even high political drivers don't put mouth in some cases because they don't want to be label judiciary manipulators.

SBF is guilty of many count charges and they will review that next year and sentence him to jail, he wasted a lot of dreams of people, wasted billions of dollars into ponzi scheme and you still think man is going to walk the way he likes? If R Kelly is really influencing and politically inclined US and still in jail, SBF is going to do his time. If they don't jail him, they may fear what another person will try next time because they will feel American judiciary system is not working.

[justdimin]

He won't do it. He'll want to wait for the verdict first and this will take at least a year. Then, if he gets 30 years or more, there's a chance he'll do it.

For a young guy, getting out at his 60s or 70s is like a death sentence, especially that he's a weak looking guy. If he got into a prison camp he might survive, but in a normal federal prison he won't make it with all those street thugs around. He'll end up as someone's girlfriend.

Should we care about him? It wasn't a mistake that he made. It was years of stealing before he got caught. He knew what he was doing.
I'd be more willing to release Ross than SBF and Ross is in for life.

LOL.. do you really think that this guy will spend more than a few weeks behind bars? He made hundreds of millions of USD worth of donations to various political causes (the vast majority of which went to the Democrat Party), and his parents are very rich and influential. He may get sentenced to a lengthy jail term, but I don't think that he will serve more than 1% of that time in a proper prison. Ross Ulbricht's case was different. He was from the other extreme of the political prism and he went against the system. You can't compare Sam Bankman Fraud to Ross Ulbricht.

With that said crime he did, do you really think it isn't possible? In fact this article here states that Sam Bankman Fried was still in jail since August and his bail was revoked. So it seems what he did there is really serious for it to not get bailed. Didn't knew that he had a rich and influencial parents but too bad for him that they can't do anything either.

Maybe the court will be happy for him and lessen his sentence if he can do a full refund to those who lost their money with the help of his parents. Didn't knew Ross Ulbritch so I did a quick search and found out that he is the founder of Silkroad. But like you, I also think that his case is more brutal than what SBF did.

[mich]

Well now the prosecutors did say they will will not pursue a second trial for SBF. They said the evidence they would use has already been use done the first trial and their enough evidence against him already.
The second trial would have added more charges against him. They would have been conspiracy to bribe foreign officials, conspiracy to commit bank fraud, conspiracy to operate an unlicensed money transmitting business, and substantive securities fraud and commodities fraud.
https://nypost.com/2023/12/29/business/sbf-wont-face-a-second-trial-after-fraud-conviction-prosecutors/

[AmoreJaz]

Well now the prosecutors did say they will will not pursue a second trial for SBF. They said the evidence they would use has already been use done the first trial and their enough evidence against him already.
The second trial would have added more charges against him. They would have been conspiracy to bribe foreign officials, conspiracy to commit bank fraud, conspiracy to operate an unlicensed money transmitting business, and substantive securities fraud and commodities fraud.
https://nypost.com/2023/12/29/business/sbf-wont-face-a-second-trial-after-fraud-conviction-prosecutors/

at least this one is quite obvious in my opinion. SBF should really answer for his negligence in this business. a lot of of investors have lost their funds. even if he denied all his wrongdoings, but the hard evidences can prove it otherwise. thus, there's no need for the second trial because enough evidences have been already submitted to the Court.

now, we will see what kind of sentence or prison time he will receive from Judge Kaplan. it is said to be that he will possibly receive more than 100 years of prison time. but let us see the actuality here. how many years they will give to SBF for all the criminal charges he is facing with.

With that said crime he did, do you really think it isn't possible? In fact this article here states that Sam Bankman Fried was still in jail since August and his bail was revoked. So it seems what he did there is really serious for it to not get bailed. Didn't knew that he had a rich and influencial parents but too bad for him that they can't do anything either.

Maybe the court will be happy for him and lessen his sentence if he can do a full refund to those who lost their money with the help of his parents. Didn't knew Ross Ulbritch so I did a quick search and found out that he is the founder of Silkroad. But like you, I also think that his case is more brutal than what SBF did.

in SBF's case, even if he has rich and influential parents, he didn't have a free pass on these criminal charges because those were already too much to defend. a lot of people have been duped and lost. how many lives he ruined because of their failed investments? so for me, he did deserve to receive the max sentencing on this case.

[Casdinyard]

What he may say has the same credibility as that of some of the scum that swarm the forum and some of those in cahoots with him: in other words, none.

I already commented it some time ago in another thread: I remember seeing in an interview a psychiatrist saying that very rarely people who commit crimes admit they have done something wrong. In other words, the one who rapes a 9 year old girl justifies it by saying that she "provoked him", and things like that.

That's why I'm not surprised that now this asshole comes out saying that he hasn't done anything wrong. The only thing I hope is that he spends many years in jail.

Doesn't take a rocket scientist to tell that he's lying, and to figure out why he was lying in the first place. He's already in hot water following the collapse of FTX and the crimes that he is being punished for, best to do right now is to not admit to the allegations and further fuel the hate he's getting. Although I don't really see why the rape analogy fits this cause in the interview it's not like he's blaming other people too for it, let alone blame the customers for being so stupid to trust him with the money. Plus that's just poor taste man. Anywho, your hopes are about to come true cause one by one court proceedings lean towards him receiving decades of jail time for misusing the people's funds and manipulating the government into being lenient with his bullshit (the fact that he funds politicians so they would favor him in the future or whatever). Even his girlfriend wants nothing to do with him now lol the bitch is literally avoiding everyone involved in the FTX case as if she didn't get anything from his business.

Knew from the get-go there was something off about this motherfucker from the Nas Daily short documentaries, now that he's outed I'm just happy we see him for what he truly is and I hope the victims get their full recompense. Cause it sucks losing money, let alone money you trust to give you financial freedom.

[icalical]

He won't do it. He'll want to wait for the verdict first and this will take at least a year. Then, if he gets 30 years or more, there's a chance he'll do it.

For a young guy, getting out at his 60s or 70s is like a death sentence, especially that he's a weak looking guy. If he got into a prison camp he might survive, but in a normal federal prison he won't make it with all those street thugs around. He'll end up as someone's girlfriend.

Should we care about him? It wasn't a mistake that he made. It was years of stealing before he got caught. He knew what he was doing.
I'd be more willing to release Ross than SBF and Ross is in for life.

LOL.. do you really think that this guy will spend more than a few weeks behind bars? He made hundreds of millions of USD worth of donations to various political causes (the vast majority of which went to the Democrat Party), and his parents are very rich and influential. He may get sentenced to a lengthy jail term, but I don't think that he will serve more than 1% of that time in a proper prison. Ross Ulbricht's case was different. He was from the other extreme of the political prism and he went against the system. You can't compare Sam Bankman Fraud to Ross Ulbricht.

Do you really think that Democrat or any political party will risk their vote for just one man, more than that that, SBF has lost all of his leverage. Not to mention that next year is election year. I don't know whether the general public is paying attention to the FTX case, but Democrat will definitely seize every vote they can get, and getting involved with SBF at this time is bad decision, they will always get another donor.

[tread93]

He won't do it. He'll want to wait for the verdict first and this will take at least a year. Then, if he gets 30 years or more, there's a chance he'll do it.

For a young guy, getting out at his 60s or 70s is like a death sentence, especially that he's a weak looking guy. If he got into a prison camp he might survive, but in a normal federal prison he won't make it with all those street thugs around. He'll end up as someone's girlfriend.

Should we care about him? It wasn't a mistake that he made. It was years of stealing before he got caught. He knew what he was doing.
I'd be more willing to release Ross than SBF and Ross is in for life.

LOL.. do you really think that this guy will spend more than a few weeks behind bars? He made hundreds of millions of USD worth of donations to various political causes (the vast majority of which went to the Democrat Party), and his parents are very rich and influential. He may get sentenced to a lengthy jail term, but I don't think that he will serve more than 1% of that time in a proper prison. Ross Ulbricht's case was different. He was from the other extreme of the political prism and he went against the system. You can't compare Sam Bankman Fraud to Ross Ulbricht.

Do you really think that Democrat or any political party will risk their vote for just one man, more than that that, SBF has lost all of his leverage. Not to mention that next year is election year. I don't know whether the general public is paying attention to the FTX case, but Democrat will definitely seize every vote they can get, and getting involved with SBF at this time is bad decision, they will always get another donor.

SBF subverted an inconcievable amount of money into the Democratic party the deed has already been done and surely his money helped their cause. I only hope that people will have enough sense not to vote for someone that doens't want anything good for their own country. It truly is a shame what is happening in America.

[mich]

Well now the parents of SBF want the lawsuit against them to be dropped. His parents Joseph Bankman and Barbara Fried are Stanford Law School professors.

And they are denying any involvement with the fraud against their son SBF. https://www.theblock.co/post/273043/sbf-parents-dismiss-ftx-lawsuit