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RE: Jury Has Spoken - Sam Bankman-Fried Is Guilty

in LeoFinance β€’ last year (edited)

πŸŒ„ Good morning (here) @geekgirl!β˜• Well written analysis of the final outcome of the latest "crime of the century." Scam Bankrupt Fraud being found guilty on all charges is a welcome result.

Your expressions of some empathy for him are interesting. I have zero empathy. Had he committed all of this as a result of a selfless desire to feed his family, who were starving, etc. well, we might have some empathy for that.

He is the "face" of all that happened. It was not an accident. He benefitted from this, as he intended. To what extent I do not think came out at trial. For one simple example, the family connections between him, his family, Ellison's family, and Gary Gensler.

Gary Gensler? Just the head of the infamous SEC. "Nothing to see here, move along ..."

"That suggests that SBF didn't care about compliance ..."

Other than himself, did he truly care about anything else? The titanic arrogance of these "elitist class" people should be the study of someone who had the means and willingness to not only get "behind the curtain," but then expose all they found back there.

A simple example. SBF was reportedly thinking he should be President of the USA someday. "Effective altruism" and all that garbage somehow, in his convoluted mind, entitled him ... An idea "nurtured" by his mother, for one, from what I read about this man ...

Well, anyway, I could write more, but you get the general idea. As you say, he did not operate all of this alone. And his cohorts were quite uhhh ... "cozy" ... in all of their "collaborative efforts" ... πŸ˜πŸ€·β€β™‚οΈ To ensure this final verdict, they chose to cooperate. I guess we'll find out soon enough what their "payoff" for this will be ...

"Justice served" is never perfect. As people are never perfect. In spite of that, I, for one, was thankful to see this outcome. All that is left is the continued destruction of wealth (how was IT obtained?) which will almost inevitably follow in whatever options for appeal are coming ...

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Hi @roleerob!

I agree with your assessment. I am glad it is over now, and rest of crypto can move on more educated, and more mature.

Thank you!

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