Judge Lewis A. Kaplan ordered the former billionaire remanded after prosecutors pushed to have his bail revoked, citing violations that included Bankman-Fried’s admitted usage of VPN software that he said was to watch an NFL game and the judge’s view that he had attempted to tamper with witnesses “at least twice.”

  • Hot Saucerman@lemmy.ml
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    1 year ago

    Fuckin finally. So, so tired of every white collar shitbro being afforded every opportunity to keep being a shitstain.

    Everyone from fuckin SBF to Donald Fuckin Trump.

    Stop glad handing these pricks and treat them like you would any other criminal, worthless fucking “justice” system.

    Regular ass people can be beaten and arrested based on cops getting the wrong person, and then when you justifiably “resisted” because you’re fucking innocent, it means you’ll have “resisting arrest” charges following you the rest of your fucking life.

    Yet these pricks can make calls about when they’ll turn themselves in.

    • roguetrick@kbin.social
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      1 year ago

      In the end it doesn’t matter much. He will be convicted and this will count as time served

      • ImFresh3x@sh.itjust.works
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        1 year ago

        He’s not facing two months. He’s facing 115 years to 155 years according to federal sentencing guidelines. Even if he’s only found guilty of one single count, he will do 20 years minimum.

        Certain groups of internet people have been saying he’s going to get away with this the entire time. And everything points to the opposite. And now his bail has been revoked, and the goal post is being moved.

        This dude is beyond fucked. It’s time to find someone else to talk about when it comes to the failures and special treatment related the justice department. Using him as an example of said failures really waters down that otherwise valid complaint.

      • uphillbothways@kbin.social
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        1 year ago

        If he violated terms of bail and committed a crime in doing so, that should result in bail forfeiture. Bail was $250 million.

  • Jarmer@slrpnk.net
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    1 year ago

    fuck this fucking guy so hard. The fact that he’s been able to UP UNTIL NOW spend all his time in the lap of luxury in palo alto is a disgrace.

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    FTX co-founder Sam Bankman-Fried (SBF) has been on house arrest in California since December while awaiting trial on fraud and money laundering charges over the crypto exchange’s collapse, but today he was sent to jail, as first reported by Inner City Press.

    Judge Lewis A. Kaplan ordered the former billionaire remanded after prosecutors pushed to have his bail revoked, citing violations that included Bankman-Fried’s admitted usage of VPN software that he said was to watch an NFL game and the judge’s view that he had attempted to tamper with witnesses “at least twice.”

    Docket entry from Friday’s Bond Revocation Hearing:

    The witness tampering covered Bankman-Fried sharing documents used in a New York Times article reporting on diary entries written by Caroline Ellison, the former co-CEO of Alameda Research and SBF’s ex, who has already pleaded guilty and is cooperating as a witness against him.

    The other incident covered Bankman-Fried’s attempts in January to contact FTX general counsel Ryne Miller over email and the encrypted messaging platform Signal.


    I’m a bot and I’m open source!

  • MonsiuerPatEBrown@reddthat.com
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    1 year ago

    I had no idea that VPN usage was controversial. I had to use them for work in the past. I just assumed that private parties would be using them eventually.