Meanwhile, SBF does not waste time in vain and, being under house arrest, releases a saga where it accuses the CEO of Binance of organizing a purposeful failure, which consisted in conducting a public relations campaign against FTX, which, in his opinion, led to the collapse of Alameda, which subsequently spread to FTX and the rest.
In general, as always happens, malicious haters are to blame for everything, not their own miscalculations, irresponsibility, greed. and ambition.
Who is interested in the SBF version here: https://sambf.substack.com/p/ftx-pre-mortem-overview
In general, as always happens, malicious haters are to blame for everything, not their own miscalculations, irresponsibility, greed. and ambition.
Who is interested in the SBF version here: https://sambf.substack.com/p/ftx-pre-mortem-overview
scam bankman fraud is trying to set up a defence that his 'victims value' is under $1m as oppose to billions for US thus trying to assume he can only be charged in band H and not band P for the US crimes
..
yet we all know he done bad things with more then just his claims of under $1m
id say $550m+ is the ball park of his crims and where his penalty points should be pointing at
Quote
victim value points
(H) More than $550,000 add 14
(I) More than $1,500,000 add 16
(J) More than $3,500,000 add 18
(K) More than $9,500,000 add 20
(L) More than $25,000,000 add 22
(M) More than $65,000,000 add 24
(N) More than $150,000,000 add 26
(O) More than $250,000,000 add 28
(P) More than $550,000,000 add 30.
(H) More than $550,000 add 14
(I) More than $1,500,000 add 16
(J) More than $3,500,000 add 18
(K) More than $9,500,000 add 20
(L) More than $25,000,000 add 22
(M) More than $65,000,000 add 24
(N) More than $150,000,000 add 26
(O) More than $250,000,000 add 28
(P) More than $550,000,000 add 30.
i explained his charges and sentencing "points" better here
https://bitcointalksearch.org/topic/m.61575505
but basically if he can be charged for US offences of mis-managing/stealing/defrauding less than $1.5m which his substack is trying to convince people of.. it changes a upto 25years per charge into a 46 month(under 4 year) per charge which he could also get if multiple charges convict be serves alongside each other instead of after each other
thus changing the medias announcement of 115 years down to 3year 10 months max
..
as for the other BS he says in the substack. he never had 100billion of real value assets..
that was his BS ftt over priced and other silly self-tokens he made being over priced but not requiring all to be sold to create fake "market valuations"
i can make 5trillion tokens. sell just 1 for $1 and boom i now have a token market value of $5 trillion
and thats as fake as SBF supposed $100billion business value
