Mr.suevie (OP)
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October 25, 2023, 06:46:55 PM |
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THIS FACE HAS TO BE PUNISHED The justice system is really fucked up. I saw another update on the FXT scam court trial on SBF which really pissed me off because so many people have been affected and till date nothing has been effectively done to the recovery of these loses and still yet the criminal mastermind himself is still walking free in terms of the appropriate justice for the whole saga and this just makes me wonder if truly the system is actually working or are some folks actually bigger than the LAW? https://coinpedia.org/news/todays-kevin-cofsky-revelation-could-be-a-game-changer-for-ftx-2-0/
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franky1
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October 25, 2023, 09:47:33 PM |
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The justice system is really fucked up. I saw another update on the FXT scam court trial on SBF which really pissed me off because so many people have been affected and till date nothing has been effectively done to the recovery of these loses
SBF is not in-charge of FTX anymore. he filed bankruptcy and handed control to an administrator. so now its the administrators job to find the funds. and if you look at those reports it seems he has found alot of the funds.. as for SBF the trial against him is still in the middle(nearing end) no judgement can be made until the end and no sentencing hearing can be made until judgement. its a case of being patient and letting the trial play out
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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panganib999
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October 25, 2023, 09:57:00 PM |
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The justice system is really fucked up. I saw another update on the FXT scam court trial on SBF which really pissed me off because so many people have been affected and till date nothing has been effectively done to the recovery of these loses
SBF is not in-charge of FTX anymore. he filed bankruptcy and handed control to an administrator. so now its the administrators job to find the funds. and if you look at those reports it seems he has found alot of the funds.. as for SBF the trial against him is still in the middle(nearing end) no judgement can be made until the end and no sentencing hearing can be made until judgement. its a case of being patient and letting the trial play out Doesn't make him any less accountable for all the stupid actions he made against the people. It's not like handing over those responsibilities also warranted him no further obligations against the justice system nor the people who he committed these crimes against. Also, it's nearing the end but we're seeing glimpses of him being behind bars, all those stupid shit he's been committing while on trial (the request for drugs so he can "behave better", the leaks of his conversations that revealed his "altruistic lifestyle" was nothing but a front to the press. And the judges being very indignant about putting him behind bars despite his "altruistic actions" like providing money for charity lol).
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franky1
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October 25, 2023, 10:07:46 PM |
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Doesn't make him any less accountable for all the stupid actions he made against the people. It's not like handing over those responsibilities also warranted him no further obligations against the justice system nor the people who he committed these crimes against. Also, it's nearing the end but we're seeing glimpses of him being behind bars, all those stupid shit he's been committing while on trial (the request for drugs so he can "behave better", the leaks of his conversations that revealed his "altruistic lifestyle" was nothing but a front to the press. And the judges being very indignant about putting him behind bars despite his "altruistic actions" like providing money for charity lol).
yes he stole lots of funds but technically he has not risked life or limb of his victims so he is not "of harm to the community" to be jailed/restrained from public... though he is on tag with curfew and told to stay at residence during trial. so not completely free the judge cannot put him behind bars(prison) until trial judgement= takes time, be patient the judge cant also deny him certain rights (time to speak with lawyers, gather defense, get medication, eat) else that can cause things like a mistrial. they are doing things by the book to ensure there are no ways to drop the trial, so that the trial goes through the full process.. we waited nearly a year for the trial... a few more weeks isnt gonna hurt
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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avp2306
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October 25, 2023, 10:28:31 PM |
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The justice system is really fucked up. I saw another update on the FXT scam court trial on SBF which really pissed me off because so many people have been affected and till date nothing has been effectively done to the recovery of these loses and still yet the criminal mastermind himself is still walking free in terms of the appropriate justice for the whole saga and this just makes me wonder if truly the system is actually working or are some folks actually bigger than the LAW? https://coinpedia.org/news/todays-kevin-cofsky-revelation-could-be-a-game-changer-for-ftx-2-0/Don't get upset on that situation since there's no final verdict has been drop since for now even SBF got away for the crime he does then provably in future once they find more solid evidence of the crime he do for sure this guy will get a huge sentence that eh can't escape. Maybe some are really disappointed on how justice system works but we still need to trust them how they gonna role this case out and for sure they also want this guy to be in jailed because the amount affected to all users globally is so huge and authorities want to serve justice to them. The case still rolling so we shouldn't get angry to the personnel working on this case and the only thing we can do for now is to follow the case then hopefully people will find a justice to those scamming incidents made by SBF to them.
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serjent05
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October 25, 2023, 10:41:55 PM |
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The justice system is unfair. Those who have strong connections to influential people often escape the punishment. They are even living in a most convenient way. This kind of revelation is no news at all especially SBF is known for giving donations to some political parties.
I think this case will be dragged for years until people forget about the FTX scandal and by then we might found out SBF to acquitted from all the charges or if punished might be the lightest punishment the court can give.
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passwordnow
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October 25, 2023, 10:55:33 PM |
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I don't think that there's still money left to recover from this thief. His family got involved with various assets acquisition and that's needed to be proved in the court but we all know where it came from. The only prize that every victim can get from this is for the verdict from the court that this guy should rot behind the bars. And next is the investigation on how his family got their wealth and hoping that they'll all be recovered, put up on sale or auction and the proceeds of it will be distributed to the victims even if they're not going to be that much. Because with that, there's gonna be the sense that it is visible that the justice system is working on them. But the sad thing is that, we're seeing the other way around.
And that is because SBF has managed to make connections with known people in the legal system and it seems all planned by him and how foresee the future with everything getting f*cked up with his plan. Every political system, there's corruption and that's sad when he's aware that everything is just all about under the table.
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n00ber
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October 25, 2023, 11:15:35 PM |
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The justice system is unfair. Those who have strong connections to influential people often escape the punishment. They are even living in a most convenient way. This kind of revelation is no news at all especially SBF is known for giving donations to some political parties.
I think this case will be dragged for years until people forget about the FTX scandal and by then we might found out SBF to acquitted from all the charges or if punished might be the lightest punishment the court can give.
That is the power of money and his wisdom in carefully preparing relationships with politicians. The world has never been fair, especially when it comes to centralized systems and leaders. Personally, I wouldn't be surprised if SBF got away with it or received a lighter prison sentence. But I want to ask, we always want freedom, always oppose the government for our right to privacy, but why are we now being scammed by the SBF and need the government? If we want to be free, free from management and control, we need to protect ourselves and that is the price of freedom.
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dothebeats
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October 25, 2023, 11:21:38 PM |
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I don't think that there's still money left to recover from this thief. His family got involved with various assets acquisition and that's needed to be proved in the court but we all know where it came from. The only prize that every victim can get from this is for the verdict from the court that this guy should rot behind the bars. And next is the investigation on how his family got their wealth and hoping that they'll all be recovered, put up on sale or auction and the proceeds of it will be distributed to the victims even if they're not going to be that much. Because with that, there's gonna be the sense that it is visible that the justice system is working on them. But the sad thing is that, we're seeing the other way around.
And that is because SBF has managed to make connections with known people in the legal system and it seems all planned by him and how foresee the future with everything getting f*cked up with his plan. Every political system, there's corruption and that's sad when he's aware that everything is just all about under the table.
The guy is basically rubbing shoulders with prominent figures in the tech industry and politics. His parents are also somewhat known in the legal industry. As far as the justice system goes, this guy is kind of untouchable, unless those involved in the proceedings of his case grow a backbone and try to prosecute him and send him behind bars for a long time. He's very clever with making those donations and setting up those social events while he had the chance to. He gained a number of allies that helps him with this case. They'll just prolong this case until no noise can be heard anymore, and he may not be acquitted - but he'll surely the lowest sentence possible for his case.
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hatshepsut93
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October 25, 2023, 11:49:13 PM |
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as for SBF the trial against him is still in the middle(nearing end) no judgement can be made until the end and no sentencing hearing can be made until judgement. its a case of being patient and letting the trial play out
He'll most likely get a slap on the wrist compared to what he deserves. At worst for him he'll serve a few years in prison. Or maybe there won't be any jail time at all. Every adult person should know that the law does not apply in its full force to the rich and the influential. It's the poor who can be imprisoned for years for stealing $100, but the rich always deserve a second chance and deserve pity because of their circumstances lol.
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Ale88
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October 26, 2023, 12:48:09 AM |
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this just makes me wonder if truly the system is actually working or are some folks actually bigger than the LAW? I would go with the latter. Sam's family knows several politicians, and I'm pretty sure that someone put Sam in charge, let's be serious, do we really want to believe that this guy pretty much built all alone the second biggest cryptocurrency in the world in a few months, he got all the approval and permits that others couldn't get, etc etc just working hard? You don't become a multi-billionaire in a few months, of course there is way more behind this story.
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hd49728
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Fully Regulated Crypto Casino
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October 26, 2023, 12:52:04 AM |
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Sam Bankman-Fried set up and operate one of biggest scams in history and he still enjoys his life after that. Many people lost money, their life savings by SBF scam and I believe among those victims, maybe some people decided to do some terrible things like suicide, whatever it is not good at all.
They don't deserve that while SBF is still enjoying his life, again enjoying his life, playing games, ... The scam man must be punished at very expensive cost and even so he can not bring money back to all of his victims. If those victims made suicides, dead, any sentence on SBF from now on will not mean anything for those victims and their families.
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Fundamentals Of
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October 26, 2023, 01:46:16 AM |
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There is no perfect justice system. Every justice system is somehow corrupted. There's always a rotten part. We probably have all heard by now how SBF had been generous to powerful personalities especially politicians. And he was not only generous to the Democrats or the Republicans, he was generous to both. That's enough for us to assume that the soft treatment he's receiving right now despite all his crimes is the fruit of his generosity.
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adaseb
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October 26, 2023, 04:59:22 AM |
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If I am correct he goes on the stand tomorrow. He will interesting how he will answer all these questions. He will probably be on the stand for another day because he is considered the most important individual in this trial.
Will people get their money back? Who knows but now they are buying claims at $0.50 which is pretty good. Means that there is a good chance that people will get back close to 75% if they wait long enough.
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SquirrelJulietGarden
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October 26, 2023, 05:21:00 AM |
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If I am correct he goes on the stand tomorrow. He will interesting how he will answer all these questions. He will probably be on the stand for another day because he is considered the most important individual in this trial.
I am not sure what will he say and answer all questions against his scam activities. Because many days so far, his lawyers admitted all accusations against him and I am so surprising and wondering what are their strategies to defend Sam Bankman-Fried by admitting all accusations like this. I don't think he will not much things to say to defend himself because it's big different than months ago, now there are more people from FTX and Alameda Research, are accepting to be witnesses against him at the court.
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AHOYBRAUSE
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October 26, 2023, 08:07:41 AM |
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There is no perfect justice system. Every justice system is somehow corrupted. There's always a rotten part. We probably have all heard by now how SBF had been generous to powerful personalities especially politicians. And he was not only generous to the Democrats or the Republicans, he was generous to both. That's enough for us to assume that the soft treatment he's receiving right now despite all his crimes is the fruit of his generosity.
Still, that would not safe him from punishment. Since this is a very public matter all his connections won't help SBR out of this dilemma. With so many people being affected in this court case, millions and millions of private money gone, he won't get away with a light sentence, never ever will that happen. He will sure have a nice federal prison cell with tennis court and stuff outside, but he will never leave this place again.
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NotATether
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In memory of o_e_l_e_o
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October 26, 2023, 08:20:49 AM |
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There is no perfect justice system. Every justice system is somehow corrupted. There's always a rotten part. We probably have all heard by now how SBF had been generous to powerful personalities especially politicians. And he was not only generous to the Democrats or the Republicans, he was generous to both. That's enough for us to assume that the soft treatment he's receiving right now despite all his crimes is the fruit of his generosity.
Still, that would not safe him from punishment. Since this is a very public matter all his connections won't help SBR out of this dilemma. With so many people being affected in this court case, millions and millions of private money gone, he won't get away with a light sentence, never ever will that happen. He will sure have a nice federal prison cell with tennis court and stuff outside, but he will never leave this place again. FTX's demise also screwed over very rich clientele - particularly other corporations. There is virtually no chance of SBF escaping jail time even with his family preparing an expensive legal defense for him, because these guys will lobby to the government and judicial system to imprison him for his financial crimes as a revenge for losing their money.
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pinggoki
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October 26, 2023, 09:13:35 AM |
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There is no perfect justice system. Every justice system is somehow corrupted. There's always a rotten part. We probably have all heard by now how SBF had been generous to powerful personalities especially politicians. And he was not only generous to the Democrats or the Republicans, he was generous to both. That's enough for us to assume that the soft treatment he's receiving right now despite all his crimes is the fruit of his generosity.
They're only rotten as we allow them to be, if the people that we put in those position are incorruptible then we will probably see a difference, yes there's no perfect justice system but I am sure that every country can create a decent, incorruptible and competent system, it's the people that don't have integrity that exist that's making these system corrupted. I didn't know about the part where SBF has sent gifts to these people of power on both sides, now that I know about it, I am sure that all of this is just a charade until things die down.
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KiaKia
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October 26, 2023, 09:21:18 AM |
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If SBF is going to get sentenced I promise you it will be in styles, he isn't going to face any hard punishment for everything he did, because of the people whom he helped and those who got his back, the reason why we are still bearing something about Him is because of the exposure mess he created, which could have been avoided if not for CZ, like they knew what CZ was planning behind and they feared it will greatly affect the whole crypto space.
There was a rumour that politicians are part of those who use the missing funds too, but if this is true it will never come to light, because some secret could be revealed, so even if SBF get jailed he will get paid for doing so, there is more to this man plan than we know.
He is surrounded by big people, from his parents and families down to those who benefited from the funds stolen from the exchange, justice could be served the way people hoped for but it won't get to SBF, because they will pretend they deal with him and do something else with him behind the camera.
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dzungmobile
Sr. Member
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I stand with Ukraine!
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October 26, 2023, 10:23:01 AM |
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If SBF is going to get sentenced I promise you it will be in styles, he isn't going to face any hard punishment for everything he did, because of the people whom he helped and those who got his back
No doubt that SBF will be sentenced but after all privileges he got during his jail time that is absolutely better than others if they commit same scam activities like SBF. I am sure, so I agree with you, that SBF will get a softer sentence than any speculative, proposal sentence from community. I only wonder and also I am curious to wait for what sentence he will get after all. Especially he lives in the USA, that is a nation with good Separations of Power but I believe laws will be bend to serve SBF. He will get benefit from it with a soft sentence.
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