Scam Bankman-Fraud is just one of the few highly publicised cases they will use to pretend they are actually serious about tackling these issues. Wake me when someone gets prosecuted for front-running Axios' "Iran deal is imminent" articles in the oil market.
Yeah, it's odd he can't scrape together a couple million and just get a pardon. It seems like the people who were able to pick up FTX claims for .50-.60 on the dollar, and have now made a killing, would toss Sam a tip.
Hasn't succeeded yet, probably because he doesn't have the money, also too publicly associated with the Democratic Party. I wouldn't be shocked if Trump does it in the end because his empathy seems to be reserved for high-profile scammers.
He was a top Democrat donor (the article says he was their number 2 individual donor in 2022) so I doubt he could buy one. Not that he seemed particularly left leaning himself and he also donated to Republicans but 5.2 million publicly to Biden seems like a dealbreaker.
>In appealing against the conviction, Bankman-Fried’s defense lawyers argued that US district judge Lewis Kaplan, who oversaw the trial, improperly prevented Bankman-Fried from introducing evidence to back up his belief that FTX had enough funds to cover customer withdrawals.
So it's been a few years now. Did people get their money in the end? That would presumably answer the question of whether they were stolen from. It wouldn't affect any decisions on crimes related to flouting regulations.
That is not how any of this works. He was convicted of fraud, and fraud was committed the moment he transferred the funds to Alameda. That he placed some bets that worked out, like his Anthropic investment, doesn't negate the crime any more than if I robbed a bank, placed a winning bet with it and returned the funds with interest.
Clarify? I don't understand how whether or not I pay someone to manage my money makes a difference as to whether what they did was commit fraud. People paid Bernie Madoff to manage their money and early investors got promised returns but he still went to jail because he was running an illegal ponzi scheme.
I think Kraken has been selected to redistribute the funds, but not sure if it has happened yet. These things take time, I think Mt. Gox took like a decade to be distributed
I think the victims were helped quite a bit by the runup in crypto assets. So even though some was lost, the run up in what was left ended up being quite a bit.
You SBF defenders have such a weird view of how the law works. If I embezzle money from my company and then bet it all on black in Vegas, intending to give it back if I win, your implication here is equivalent to saying I did commit a crime if the wheel comes up red, but I did not commit any crime if it comes up black.
Bankman won't be Fried
Scam Bankman-Fraud is just one of the few highly publicised cases they will use to pretend they are actually serious about tackling these issues. Wake me when someone gets prosecuted for front-running Axios' "Iran deal is imminent" articles in the oil market.
Waste of time. Just buy a pardon [1][2][3][4][5].
[1]: https://www.newyorker.com/magazine/2026/05/04/donald-trumps-...
[2]: https://www.newyorker.com/magazine/2026/05/04/donald-trumps-...
[3]: https://apnews.com/article/nikola-trevor-milton-fraud-trump-...
[4]: https://www.bbc.com/news/articles/cz7e0jve875o
[5]: https://www.cnbc.com/2025/03/28/trump-pardon-bitmex-crypto-e...
Yeah, it's odd he can't scrape together a couple million and just get a pardon. It seems like the people who were able to pick up FTX claims for .50-.60 on the dollar, and have now made a killing, would toss Sam a tip.
Why would they? What would be the return for them?
Trump reportedly was disinterested in SBF money. During his tenure, SBF leaned left - with Clinton and others as paid speakers for events.
He keeps trying: https://www.coindesk.com/policy/2026/06/08/sam-bankman-fried...
Hasn't succeeded yet, probably because he doesn't have the money, also too publicly associated with the Democratic Party. I wouldn't be shocked if Trump does it in the end because his empathy seems to be reserved for high-profile scammers.
He was a top Democrat donor (the article says he was their number 2 individual donor in 2022) so I doubt he could buy one. Not that he seemed particularly left leaning himself and he also donated to Republicans but 5.2 million publicly to Biden seems like a dealbreaker.
https://time.com/6241262/sam-bankman-fried-political-donatio...
And this is why you play both sides.
Good
Good night, sweet prince
How utterly predictable.
Small criminals rot in jails but big ones like founder of silk road get out paying the government. This is shows how rotten american government is
I think the tiered justice system sucks, but this is no small criminal
[flagged]
>In appealing against the conviction, Bankman-Fried’s defense lawyers argued that US district judge Lewis Kaplan, who oversaw the trial, improperly prevented Bankman-Fried from introducing evidence to back up his belief that FTX had enough funds to cover customer withdrawals.
So it's been a few years now. Did people get their money in the end? That would presumably answer the question of whether they were stolen from. It wouldn't affect any decisions on crimes related to flouting regulations.
That is not how any of this works. He was convicted of fraud, and fraud was committed the moment he transferred the funds to Alameda. That he placed some bets that worked out, like his Anthropic investment, doesn't negate the crime any more than if I robbed a bank, placed a winning bet with it and returned the funds with interest.
Except when you pay someone to manage your money.
Remember this.
Clarify? I don't understand how whether or not I pay someone to manage my money makes a difference as to whether what they did was commit fraud. People paid Bernie Madoff to manage their money and early investors got promised returns but he still went to jail because he was running an illegal ponzi scheme.
Proof you can get into MIT and still be completely dumb.
I think Kraken has been selected to redistribute the funds, but not sure if it has happened yet. These things take time, I think Mt. Gox took like a decade to be distributed
I think the victims were helped quite a bit by the runup in crypto assets. So even though some was lost, the run up in what was left ended up being quite a bit.
You SBF defenders have such a weird view of how the law works. If I embezzle money from my company and then bet it all on black in Vegas, intending to give it back if I win, your implication here is equivalent to saying I did commit a crime if the wheel comes up red, but I did not commit any crime if it comes up black.