"Amid death threats and sudden global infamy, accused FTX fraudster Sam Bankman-Fried and his parents have turned their posh Stanford home into a heavily guarded fortress. The family is shelling out roughly $10,000 a week to have a private Bay Area security firm patrol the leafy, 3,000-square-foot residence with several armed guards working around the clock" -
https://nypost.com/2022/12/27/ftxs-sam-bankman-fried-pays-10k-a-week-for-armed-security/ Are there death threats for them? Well, it's the US so I doubt that someone has the audacity to that to them, so this is just a exaggeration on their part to have this private guards that can rival even the President? Lol,
They are really paranoid as this point, and that is the consequences of SBF actions, now he is afraid of his own life and his family too.
About the movie deal though, yeah, probably it will make a lot of money for him and he really needed every help he can get.
Maybe they are that paranoid but to me this seems like just an attempt to sell himself as the victim, his defense is most likely going to paint him as a naive CEO which trusted the wrong people and push the blame on someone else, so all of those guards outside his residence are there to give the impression that he is being forced in such a situation and generate sympathy for himself, will this work? I doubt it but SBF is going to try anything to save himself from spending the rest of his life at prison.
Yes, that's also what I think too as well, he will sell himself as the victim here with numerous death threats and then hiring people to protect him. So still he is going to feel secure and still has his pride inside of him. This kind of people doesn't have emotions or feelings, all they wanted is fame and money.
I do hope that the full justice will be achieved here, because for sure he can afford expensive lawyers in the financial world that will defend him at all cost and portray him as some innocent individual who has been manipulated by some people behind.
But if two of his employees are going to testify against him, maybe the case will really have that weight and SBF can't get off the hook and probably be the Bernie Madoff of crypto industry.