Judge also denied SBF's request to delay jail time.

Sam Bankman-Fried is going to jail::Judge also denied SBF’s request to delay jail time.

  • Gork@lemm.eeEnglish
    1285·
    1 year ago

    Defraud rich people? Go to jail.

    Defraud the rest of us? Get promoted to CEO.

  • Not A Bird@lemmy.worldEnglish
    37·
    1 year ago

    Dude wanted to build a bunker for a possible “Apocalypse”. Another delusional billionaire. Glad this guy got caught.

    • Eager Eagle@lemmy.worldEnglish
      17·
      1 year ago

      Now, delusion aside, I don’t know why some want to be around in a post-apocalyptic world.

      Especially as a billionaire, which wouldn’t make a difference after a catastrophic collapse of the financial system.

      • ourob@discuss.tchncs.deEnglish
        21·
        1 year ago

        You’re just not thinking like a narcissistic billionaire.

        You see, the financial system didn’t make him a billionaire. His innate genius and talent did. All the system has done is prevent him from truly achieving greatness, with its laws and regulations.

        But post-apocalypse? All that is swept away. He can be more than a mere billionaire. He can make the world the way it should be, directly, without the slow, imperfect process of buying politicians and funding think tanks.

        And, of course, he will be one of the ones to rise to the top. He’s a billionaire. The cream of the crop. He didn’t just luck into his wealth through family or gambling investing. His inherent greatness placed him at the top, and it will obviously do it again when society collapses.

      • Thorny_Thicket@sopuli.xyzEnglish
        41·
        1 year ago

        I don’t know why some want to be around in a post-apocalyptic world

        Humans have a strong will to survive and we’re great at adapting. I don’t quite see what’s so strange about it. If a plane crashes into ocean and I find myself on a deserted island I’d try to survive there too. Ofcourse in a post apocalyptic world there’s no hope of help arriving but that doesn’t really change anything for me. I find thinking about stuff like this fascinating and I’d absolutely build myself a “doomsday bunker” if I was a millionaire. Not because I believe or hope that day might arrive when I need it but simply just because it’s kind of a hobby of mine.

        • Eager Eagle@lemmy.worldEnglish
          4·
          1 year ago

          sure I wouldn’t actively go after death, but wasting resources building and maintaining a bunker for a hypothetical post-apocalyptic and miserable life… just saying that this is a rational decision and given a rational thought I would rather be gone in this scenario.

          now the hobby aspect I kind of understand.

          • Thorny_Thicket@sopuli.xyzEnglish
            4·
            1 year ago

            Yeah it’s wasteful for sure and many of these people are building these somewhere in New Zealand for example expecting that they can just fly a private jet there when the shit hits the fan. If I were to build one I’d want to live there too so it wouldn’t just be a concrete box under ground.

            • MeowoemEnglish
              23·
              1 year ago

              Yeah building a resilient, secure and sustainable home would be amazing, paying someone to build a bunker in NZ is just another way for rich people to show off.

              I bet there’s a bunker builder somewhere in New Zealand laughing with his mates ‘ok so if it actually goes to shit you can have zucks bunker, Bob and Mary can have Gate’s, I’ll have that oil guys one with the underground swimming pool - talking of which, you coming to the party there next weekend?’ I mean what are they going to do when they get to their bunker and it’s already locked down with the gun turrets activated?

    • Gsus4@feddit.nlEnglish
      41·
      1 year ago

      There are more like him who will probably survive whatever comes in the first months. I pity the survivors who have to deal with their bullshit.

  • SouthernCanadianEnglish
    23·
    1 year ago

    Jail ≠ prison, this just means he’s going to have a worse time waiting for trial.

  • AutoTL;DR@lemmings.worldBEnglish
    22·
    1 year ago

    This is the best summary I could come up with:

    Bankman-Fried had been under house arrest, but prosecutors convinced Judge Lewis A. Kaplan of the Federal District Court in Manhattan that Bankman-Fried had fed documents to the media in order to intimidate a witness in the case.

    In June, Bankman-Fried filed a motion to dismiss, hoping that some of those charges would be dropped.

    But Kaplan decided that his arguments in the motion were "either moot or without merit,” CNN reported.

    In that report, Bankman-Fried shared private writings of Caroline Ellison, a former FTX executive and former girlfriend to Bankman-Fried who has pled guilty and is currently cooperating with law enforcement in their investigation of the cryptocurrency exchange, the Times reported.

    The court found that Bankman-Fried tampered with witnesses at least twice, Reuters reported.

    According to The New York Times, “The Times, the Reporters Committee for the Freedom of the Press, and a documentarian making a film” about Bankman-Fried “each submitted court filings raising First Amendment concerns about the gag order.”

    I’m a bot and I’m open source!

  • ijeff@lemdro.idEnglish
    93·
    1 year ago

    I somehow skimmed this as Sam Altman for a brief moment.

  • scarabic@lemmy.worldEnglish
    2·
    1 year ago

    “I’d like to request that jail be delayed, pending the outcome of my other request.”

    Wow. That’s some circular shit. No wonder they said no.

  • ineedaunion @lemm.eeEnglish
    22·
    1 year ago

    But not our kind of prison. he will be going to a nice cush place with all the amenities of the wealthy elite.