The product may be new, but the crime is pretty old-fashioned...SBF is your run-of-the-mill criminal, no different from Madoff or Ponzi. His pleas of innocence and negligence are as hollow as his personality. He knew what he was doing. You don't accidentally create a web of dozens of shell companies that are nearly impossible to connect. And, after claiming no assets, somehow a large 9-figure investment in Robinhood was uncovered. He may know coding, but he never believed in the viability of crypto, and was in it to get rich, hiding behind this "effective altruism" mantra. As Linda Richman (from the golden days of SNL) would say: "Talk among yourselves. Here is the topic - effective altruism. Which was neither effective nor the altruism".The bail that he was released on is a total joke: the house at Stanford belongs to Stanford, and is worth 4-5mm. But that's a different rant...

The product may be new, but the crime is pretty old-fashioned...SBF is your run-of-the-mill criminal, no different from Madoff or Ponzi. His pleas of innocence and negligence are as hollow as his personality. He knew what he was doing. You don't accidentally create a web of dozens of shell companies that are nearly impossible to connect. And, after claiming no assets, somehow a large 9-figure investment in Robinhood was uncovered. He may know coding, but he never believed in the viability of crypto, and was in it to get rich, hiding behind this "effective altruism" mantra. As Linda Richman (from the golden days of SNL) would say: "Talk among yourselves. Here is the topic - effective altruism. Which was neither effective nor the altruism".The bail that he was released on is a total joke: the house at Stanford belongs to Stanford, and is worth 4-5mm. But that's a different rant...

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