I never had any doubt but did anyone have doubt? Michael Lewis's book Going Infinite portrayed SBF (to me at least) as a hapless kid caught up in something he did not understand. Lewis is the only person I have read that seemed to defend SBF. Was he the only one?
Of his actual guilt? No. But there's a very real question about whether or not he'd actually be convicted. The justice system isn't really known for fairness.
In this case I think Mr. Bankman-Fried did more to talk himself into a conviction than anything he did. I read that reporters in the overflow room laughed aloud at his answers, which made me feel there was an eagerness on some to convict him. I cannot help but think of Martin Shkrelli and how similar he is to SBF in their attitudes.
I don’t like this take and I don’t think it’s true. He is 31 and well into adulthood. He was a trader who at Jane street. He is far from hapless or confused. In comparison Zuckerberg was a billionaire by 23 I think?
I just don’t like it perpetuated that he is some confused teen.
Everyone referring to Bankman-Fried as a kid or child or whatever was defending him (or, more likely, defending their own interest in keeping the crypto grift going). And there were a lot of articles being published pushing that angle.
That did come up at the trial - his was a manicured image to accomplish just that.
"Look at that on-the-spectrum mathy kid! Cargo shorts, goofy hair... he doesn't even understand things like social decorum!" all while he was deliberately social engineering his way into the elitest social strata.
Probably. Journalists love to sum the max sentences for each charge even through sentencing never works that way. At least that's my take away from an essay by a criminal lawyer.
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[ 3.2 ms ] story [ 46.8 ms ] threadI just don’t like it perpetuated that he is some confused teen.
He was 27 when he started FTX.
"Look at that on-the-spectrum mathy kid! Cargo shorts, goofy hair... he doesn't even understand things like social decorum!" all while he was deliberately social engineering his way into the elitest social strata.
I am very invested in "keeping the crypto grift going" and hope he dies in prison.
FTX went bankrupt less than a year ago!
Now we say it happened so quickly :)
https://news.ycombinator.com/item?id=38122061
Going to guess he will get 25 years and then get out in 15.