Post
Topic
Board Gambling discussion
Re: BANKMAN-FRIED PANIC GAMBLES TO REPAY DEBT
by
judeafante
on 27/12/2022, 09:23:25 UTC
Don't talk rubbish. He's not finished to begin with, bail doesn't mean he won't go to jail. He will go to jail and he won't be able to spend the money there.

What happened to Mark Karpelès after he stole $650 million in 2014? He didn't spent a single day in jail. The same will happen with Sam Bankman as well. And we are talking about a guy who has deep pockets and strong connections to the ruling establishment. Mark my words, even if he goes to jail (very unlikley), it will be a hogwash and he will be out in a matter of days. Now compare his case with that of Ross Ulbricht. Ross is jailed for life without a possibility of parole, because he tried to challenge the system. Sam Bankman is a part of the system and he will never be harmed.
Mark Karpeles's case is very much different from Sam Bankman's case based on Wikipedia
Quote
The Court acquitted Karpelès on a number of other charges, including embezzlement and aggravated breach of trust, based on its belief that Karpelès had acted without ill intent.
How can Bankman prove to the court that he acted without ill content when he is the sole responsibility for what happened to FTX and the news that he gambles away investors' money will definitely put him in jail, its a serious injustice if he will not get a sentence, the only way he can get out of a jail sentence is for him to pay all his investors and the fine, which we all doubt that he can.