Sam must have stolen money from some wealthy and vital people with ties to the US government.
Fired wasn’t scheduled to appear at his extradition hearing until Feb. Still, the US government big dicked the Bahamian Government, and Fried is in a maximum security facility in New York.
Two of FTX founder Sam Bankman-Fried's former associates, Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, pleaded guilty to defrauding investors in the crypto trading platform https://t.co/3gXJqtosdI pic.twitter.com/0o2WK1qGEG
— Reuters (@Reuters) December 22, 2022
US prosecutors didn’t wait for SBF’s plane to land before announcing he was theirs and that Caroline (ex-GF/Alameda research CEO) and Gary Wang (partner at FTX) flipped on SBF to avoid federal pound-you-in-the-carnhole prison. Smart move.
Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang pic.twitter.com/u1y4cs3Koz
— US Attorney SDNY (@SDNYnews) December 22, 2022
— CNBC (@CNBC) December 22, 2022
Super dorks have been working in the financial world for about 20 years. Guys like Wang, Fried, Musk, Thiel, and CZ were writing code with financial backdoors while we were pushing them into lockers in High School. Fast Foward two decades, and they’re all billionaires, but none of it is legit, and no one can seem to figure out how it happened because we’re not super computer dorks with asthma and sunlight allergies.
Whoever made this is a legend.
— ⚡optimumhustle⚡ (@optimumhustle) December 13, 2022
The United States is very different from Canada regarding financial crimes. In Canada, you can steal a few Billion, and we haul out the 10th-grade law “Caveat Emptor” as an answer.
In the US, they throw in Maximum security prison for decades for everything from defrauding investors to stealing 1000k for the IRS.
Too bad SBF didn’t live in Canada. Our RICO laws are nonexistent, and he’d probably get a job with CSIS for stealing $10 billion from dumb people.
The US and the Canadian governments should release the names of people who lost their shirts and charge them all with stupidity too.
Seems fair. You HAVE to be a fucking idiot to give money to a guy who runs like this.
Sam Bankman-Fried running to catch the plane before being arrested #FTXbankruptcy #FTX #FTXScandal #FTXScam #SamBankmanFried #Cryptocurency #crypto #CryptoNews #Binance #luna #FIFAWorldCup #money #TWTTER #news #ViralVideos #viral #jet #Bahamas pic.twitter.com/5VzOic1p06
— FRANCIS DARLINGTON (@realscooby79) November 22, 2022
That goes for the Ontario Teachers Pension Fund, which is out $95 million thanks to the FTX collapse.
Charge and fire that guy too.