Post
Topic
Board Gambling discussion
Re: BANKMAN-FRIED PANIC GAMBLES TO REPAY DEBT
by
Jating
on 29/12/2022, 10:46:56 UTC
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Anyhow, he is in jail and there are news that there are death threats as well but we are not sure how reliable that news it.
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Bankman Fraud is not in jail. He spent only a few hours in remand custody and was quickly released to "house arrest" by judge Gabriel W. Gorenstein. He immediately purchased a business class flight ticket to travel to his Palo Alto(California) home and is spending his time devouring gourmet seafood and doing online gambling. His parents have arranged top-class security for him, paid by stolen money. His attorney has announced that he will enter plea sometime next week. There are 8 charges of fraud and conspiracy against him and he has the option to either plead guilty or fight the charges.

Regardless though, I think he might be in jail for a long time if proven guilty, and it seems this might be the case. I mean, the US shouldn't allow this kind of personality to get a bail and then roam around and probably win the case.

I'm thinking he will fight the charges, either case, it's a lose-lose for him, in my opinion. And hopefully justice could be served here not just for those big investors he screw up, but just ordinary crypto enthusiast.