patrick.net

Bloomberg
FTX founder Sam Bankman-Fried was convicted of defrauding customers by a federal jury today. He was convicted on all seven counts, Reuters and other news outlets reported. The 12-member jury returned the verdict after several hours of deliberation.

The seven charges are wire fraud on customers of FTX, conspiracy to commit wire fraud on customers of FTX, wire fraud on lenders to Alameda Research, conspiracy to commit wire fraud on lenders to Alameda Research, conspiracy to commit securities fraud on investors in FTX, conspiracy to commit commodities fraud on customers of FTX in connection with purchases and sales of cryptocurrency and swaps, and conspiracy to commit money laundering.

The five charges related to wire fraud and money laundering carry maximum sentences of 20 years each, while the two securities and commodities fraud charges have maximum sentences of five years each.

https://arstechnica.com/tech-policy/2023/11/guilty-sam-bankman-fried-convicted-on-all-counts-after-monthlong-trial/

RayAmerica says

SBF has very powerful friends in high places. He won't walk, but IMO, he won't get anywhere near the 110 years that is being bantered about in the media.

Yeah, 110 is ridiculous. 20 is more like it.

Satan gets very cross when you fail at your mission of robbery, laundering, bribery and deception.
Fry the useful idiot(s) in the CIA fake trial and hope it doesn't go any further? The Intel boiler room moves on.


https://t.me/drue86/47517

Until the biggest POS fraud Trump walks free - I don't think this is such a big deal. When Trump gets locked up, we can deal with smaller fry like Biden.

https://notthebee.com/article/mega-democrat-donor-sam-bankman-fried-was-quickly-convicted-of-crypto-fraud-by-a-jury-and-faces-110-years-behind-bars-lets-review-some-of-the-politicians-who-got-the-money-he-stole-from-peopl

Mega-Dem donor Sam Bankman-Fried convicted of crypto fraud, faces 110 years behind bars. Let's review the 40% of Congress that got money from him.

Remember how CNBC and all those social influencers were praising Sam Bankman-Fried a few years ago for being the most generous liberal billionaire on the planet?

That aged like milk.

It only took the jury 5 hours to deliberate in this case, which was no small potatoes. FTX was a mega empire. It had stadiums in Florida with its name.

SBF created a crypto token that people could invest in, then used those investor funds as collateral to borrow billions of dollars that he couldn't pay back, and continued the Ponzi scheme until the whole thing crashed.

Of the billions he stole, large sums went to left-wing politicians in an effort to swing elections.

SBF was the second-largest Democrat donor in the last election cycle.



...

https://twitter.com/unusual_whales/status/1720252868526268842

@unusual_whales
SBF, Sam Bankman-Fried has been found guilty.
However around 40% of CONGRESS(!!!) received donations from SBF and FTX that were mixed user funds!
Only a few politicians returned or donated the funds.
Here is the full list of everyone who has received funds from FTX and Sam.

... Many of these politicians never returned the money, meaning a lot of victims of SBF's scam essentially made the donation of their life savings to the Democratic Party's abortion-and-transing-the-kids crusade.

https://www.coffeeandcovid.com/p/more-urgency-saturday-november-4

A former prosecutor Bloomberg interviewed for its story pointed out that Sam will be punished for not taking a deal earlier. “He has lost a lot of his arguments for a reduced sentence by taking the case to trial, by not accepting responsibility, and by essentially arguing at every turn that he at least did not commit fraud,” the former prosecutor explained. “Those are the kinds of factors that cause prosecutors to ask for very, very high sentences.”

That would be nice to see him get a very long sentence, because he's an arrogant prick who defrauded a lot of people.

When do his parents get charged for their participation?

Patrick says

SBF created a crypto token that people could invest in, then used those investor funds as collateral to borrow billions of dollars that he couldn't pay back, and continued the Ponzi scheme until the whole thing crashed.

Of the billions he stole, large sums went to left-wing politicians in an effort to swing elections.

SBF was the second-largest Democrat donor in the last election cycle.

I look at how a vast majority of House swing districts went Democrat like one in New Mexico during the 2022 election.

I wonder how much of Bankman Fried and Soros money was a factor in those swing districts and if these swing districts will still remain Democrat in the 2024 election.

.

ad says

I wonder how much of Bankman Fried and Soros money was a factor in those swing districts and if these swing districts will still remain Democrat in the 2024 election.

Depends on who counts the votes.

https://balajis.com/p/crypto-twitter-found-sbfs-fraud

Ever seen those superhero movies where Batman hunts down the villain and leaves him hogtied in cables for the police to mop up? That’s what happened with Sam Bankman-Fried. The internet hunted down the fraud, collected indisputable evidence, and delivered him gift-wrapped to the government. Then everyone from Elon to India yelled online for a full month till the state finally, grudgingly picked him up.

Apparently it was Gary Gensler who tagged and bagged FTX, mysteriously as 'cooperative' party of interest, likely under duress because he was complicit. Somebody put a fright in him to get him to do that? "Et Tu, Gary"?

Wonder how the CIA is going to take care of him.

I wonder if this is a new development or the government has always been this corrupt but people didn't know because they didn't have the internet. By always I mean since its inception.

Guess the CIA got bored with their fake staged first trial and decided against bribing another Federal judge and farmed out apparatchik attorney cucks to stage another one.

Guess Sam can't go the the 'Old Spy Asset' beach retirement spa in Tel Aviv with Jeffrey and the real Jizzlaine. Maybe they moved it to Ukraine. Ooopsie, no Black Sea dachas, either! Thanks, Vlad.

https://notthebee.com/article/i-wonder-why-the-us-government-just-dropped-campaign-finances-charges-against-sbf-

I wonder why the US government just dropped campaign finance charges against SBF 🤔

So the U.S. government is about to put Sam Bankman-Fried behind bars for decades on fraud and money laundering convictions, but now that he's safely contained in the federal prison system, authorities have decided to drop charges related to campaign finance and bribery.

Why do you think that is?

From the BBC:

The 31-year-old was found guilty of fraud and money laundering last month.

Prosecutors said the "strong public interest" in a resolution of their case against the former billionaire outweighed benefits of a second trial.

A "strong public interest," eh?

For whom?
For me? For the American people?

Or for, say, Maxine Waters?

From Collin Rugg of Trending Politics:

SBF donated $100 million during the 2022 midterms, pouring tens of millions into dark money groups with customers' funds.

Some of these groups were linked to Senate leaders including Mitch McConnell and Chuck Schumer. ...

But I can think of other reasons why the bloated political class of the American empire might want to drop charges that shine an unfavorable light on those in the regime's inner circle.

This is a justice department, after all, that will spare no expense prosecuting every American grandma and Babylon Bee actor who visited DC on January 6, 2021.
It's a justice department that sends a SWAT team to a pro-life leader's home and tries to destroy him for pushing a man who was aggressively harassing his son.
It's a justice department that investigates Catholics for being Catholics and pushes Big Tech to silence its opponents.
It‘s a justice department that jails those who block abortion clinics while taking its sweet time looking for perps who firebomb pregnancy centers.
It's a justice department that‘s dedicated to stopping the most popular candidate for president, per recent polls, through multiple indictments. It even dares to say it's removing the opposition from the ballot in the name of democracy.
So color me skeptical about why SBF's second batch of charges are being swept under the rug.

The parallels with Jizzlaine are tracking. One publicly sacrificed lamb (Sam or fake Sam) in a fake trial procedure, while all the donees benefiting from the largesse of the crypto Ponzi crime get off the hook with no further mention or investigation or public records open at any kind of real trial.

The Intels have the procedurals for their criminal enterprises down pat to flush their backroom operations. It's a rinse and repeat formula. When you have a corrupt federal government ensconced in the foreign occupied foreign city state of Washington DC, anything is possible in the criminal imagination.

https://t.me/FirstAmendmentPraetorian/50312

Lest we forget:

https://t.me/FirstAmendmentPraetorian/50280

Patrick says

YOU'RE BITTER BECAUSE YOU DON'T UNDERSTAND THE TECHNOLOGY!!!

I wonder if DOD, DARPA, or CIA have decided the "Wunderkind" storefront pretense with dynastic spawn sociopathic shills has worn out its welcome.

https://www.dailymail.co.uk/news/article-12913961/SBF-campaign-finance-donations-coverup.html

Also, still no word about who topped the fag in the buttfucking Congress porno film, either. They musta had at least 20 cameras that showed who it was, so there is some real clout to hide that.

Ceffer says

Also, still no word about who topped the fag in the buttfucking Congress porno film, either. They musta had at least 20 cameras that showed who it was, so there is some real clout to hide that.

Good point.

https://slaynews.com/news/prosecutors-50-year-prison-sentence-democrat-megadonor-sam-bankman-fried/

Prosecutors Push 50-Year Prison Sentence for Democrat Megadonor Sam Bankman-Fried

So they've decided to sacrifice useful idiot SBF, and hope that no one notices that the people in Congress that he bribed remain unpunished.

Patrick says

So they've decided to sacrifice useful idiot SBF

Or:
He "hangs" himself soon after incarceration during a camera blackout and a changling corpse is brought in. Then SBF goes and has a beer with Epstein.

...or Biden pardons him on the way out.

Misc says

...or Biden pardons him on the way out.

One rubber mask pardons another? The cosmic irony of Satanic soap operas.

25 years.

RWSGFY says

25 years.

Can still be pardoned. After the election, of course.

Question is, what do they do with their Intel assets after the fake show trial? Can they keep their mouths shut? Do they go to fake prison while they retire to the cashiered useful idiot dude ranch somewhere? Obviously, along with all the other theater, CIA has fake trial hirelings and sets for the fake trial publicity stunts and fake prisons for the principles or their avatars.

If there were any justice aside from CIA justice for this money launderer and his co-dependants, Sam would be in jail, his whole executive layers of masturbating, precocious dynastic shitbirds would be in jail, his mother and father would be in jail, the Secretary of Commerce would be in jail, the bribed politicians would be in jail, and that whole CIA backed department at MIT would be in jail. Sam is just the lawn ornament harelip Quasimodo of the scam.

HeadSet says

Can still be pardoned. After the election, of course.

Right. And if not pardoned there's always "it's his body double being pounded in the ass in the Federal prison while REAL Bankman is relaxing on the Epstein island". =))

Eric Holder says

"it's his body double being pounded in the ass in the Federal prison while REAL Bankman is relaxing on the Epstein island".

Imagine the anger of Big Tyrone when he finds out he paid extra cigs only to pound a fake celebrity.