rick49
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Post by rick49 on Nov 27, 2019 9:23:35 GMT
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Post by wetkingcanute on Nov 27, 2019 9:27:54 GMT
Yeah I read the whole thing yesterday rick.
Quite incredible.
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mids
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Post by mids on Nov 27, 2019 9:58:56 GMT
That was a brilliant read. I now almost understand what cryptocurrency is. When's the film out?
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Post by wetkingcanute on Nov 27, 2019 10:12:28 GMT
It is morally wrong to allow suckers to keep their money
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mids
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Post by mids on Nov 27, 2019 10:24:03 GMT
A stark warning from the piece.
"That ticked a box... The power of the woman - well done! I felt proud of her."
Don't do feminism kids- it makes you stupid and you'll lose money.
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Post by Repat Van on Nov 27, 2019 10:27:56 GMT
A stark warning from the piece. "That ticked a box... The power of the woman - well done! I felt proud of her." Don't do feminism kids- it makes you stupid and you'll lose money. Ha! It mainly keeps you away from stupid sexist men which is really the only reason you need to be one.
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mids
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Post by mids on Nov 27, 2019 10:55:59 GMT
Yup, I was right.
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Deleted
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Post by Deleted on Nov 27, 2019 11:53:34 GMT
Chechnyans
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Post by unclejunior on Nov 27, 2019 15:14:40 GMT
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Post by perrykneeham on Nov 3, 2023 10:56:14 GMT
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Post by flatandy on Nov 3, 2023 13:34:34 GMT
I expect strings to be pulled. He's guilty as anything. Crypto is, of course, idiot bullshit emperor's new clothes nonsense.
Lots of funny anecdotes from the trial. Apparently his parents were in tears as the conviction came through - not because he's guilty (they must have known that) but because their money is at risk from the lawsuits.
Anyway, this is hilarious even if it's not true - they found him guilty incredibly quickly:
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voice
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Goals are a form of self inflicted slavery
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Post by voice on Nov 3, 2023 14:28:34 GMT
That's ace
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Post by perrykneeham on Mar 28, 2024 6:07:16 GMT
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Post by flatandy on Mar 28, 2024 13:45:34 GMT
It's an interesting one, isn't it? Posh fraudsters often dodge bad jail time because it's "non-violent". Generally, I think people who commit non-violent crimes like, say, smoking pot or pick-pocketing or nicking tellies shouldn't face as much jail time as violent crims. Prison mostly doesn't do a great job of reform. Prisons are expensive and overcrowded.
Yet, there has to be punishment, and when you nick billions of quid rather than a couple of hundred quid, the punishment has to be quite a lot higher. But the courts see polite, well dressed, well educated, non-violent crims and give them super-light sentences.
I genuinely don't know the answer.
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Post by flatandy on Mar 28, 2024 13:47:25 GMT
I do think it's funny that crypto investors who lost "$2m worth of holdings" when the exchange collapsed think their presence will convince judge and jury to increase the sentence.
Nerdy rich smug entitled libertarian tech-bros have to be one of the least sympathetic groups of "victims of crime" that I can think of.
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Post by perrykneeham on Mar 28, 2024 14:01:59 GMT
He's certainly got a very punchable face. Billionaire, but an utter Joey. Couldn't even get a cool nickname - "Sam Bankman-Fried - also known as SBF"
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Post by flatandy on Mar 28, 2024 14:04:56 GMT
Yes, but not just him. The bloke in your article who's trying to gather together "victims" of the crypto exchange collapse to persuade the court about how terribly they've suffered by losing their gambling stakes and winnings, losing their tulip bulbs so now they can't sell them to other gullible fools.
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moggyonspeed
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"Anyone who considers protocol unimportant has never dealt with a cat."
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Post by moggyonspeed on Mar 28, 2024 14:24:10 GMT
- âA fool and his money are soon partedâ - âCreditors have better memories than debtorsâ - âIf it looks like a duck, waddles like a duck and quacks like a duck, itâs probably a duckâ - âInvestment in knowledge pays the best interestâ - âNever spend money before you have itâ - âOpportunity is missed by most people because it is dressed in overalls and looks like workâ - âSave for a rainy dayâ - âSpending is quick; earning is slowâ - âThe rich rule over the poor and the borrower is slave to the lenderâ - ⌠and of course, good olâ âCaveat emptorâ
Are people not taught these things any more?
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Post by perrykneeham on Mar 28, 2024 16:30:49 GMT
25 years (that'll never happen) and a nice bit of consideration from Judge Kaplan ....
"Judge Lewis Kaplan said he would recommend that Sam Bankman-Fried not be sent to a maximum security prison because he had no reason to believe he posed a threat of violence.
SBF's notoriety, association with vast wealth and being an autistic person would make him âunusually vulnerableâ in prison, Judge Kaplan said.
He added that the prison should be as close to the San Francisco Bay Area as possible, to make it easier for family visits."
He's done alright here. I suspect that won't go unnoticed.
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Post by flatandy on Mar 28, 2024 16:49:27 GMT
SBF has lots of rich friends, and is the kind of person that lots of very rich people believed in and they don't want to admit they're wrong. He'll be helped out.
I do think it's probably right that he's in a low-security prison. Not so sure they have to work to make him close to home to make things nicer for him.
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