Gangster’ Sam Bankman-Fried pictured in jail, poses alongside Bloods members who call him ‘weird as

115 years in jail??!! You sure? I thought he's still awaiting sentencing in March according to the article. That is outrageous if it's true!! All he did was commingling client funds with companies' operating funds, that to many financial institutions is just compliance oversight. LOL He didn't really steal anything from his clients nor defraud them. All the drop in value of his clients' crypto value was due to imo the deliberate dumping of the in-house crypto done by his rival CZ Zhao who really is the one who should be going to jail for the securities fraud that he committed in his dumping and then announcing the dumping afterwards in social media. So CZ Zhao is the one who really defrauded Friedman's clients but interestingly enough he's still living at large and was almost allowed to go to the United Arab Emirates, a country that has no extradition treaty with United States promising to return to his trial. Thank God at least one judge saw through the lies and insisted he remain in the USA for his trial.

You're an idiot...

It's not CZs fault FTX lost all it's customers funds
 
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115 years in jail??!! You sure? I thought he's still awaiting sentencing in March according to the article. That is outrageous if it's true!! All he did was commingling client funds with companies' operating funds, that to many financial institutions is just compliance oversight. LOL He didn't really steal anything from his clients nor defraud them. All the drop in value of his clients' crypto value was due to imo the deliberate dumping of the in-house crypto done by his rival CZ Zhao who really is the one who should be going to jail for the securities fraud that he committed in his dumping and then announcing the dumping afterwards in social media. So CZ Zhao is the one who really defrauded Friedman's clients but interestingly enough he's still living at large and was almost allowed to go to the United Arab Emirates, a country that has no extradition treaty with United States promising to return to his trial. Thank God at least one judge saw through the lies and insisted he remain in the USA for his trial.

If he can stay (alive or dead) in prison for 115 years, he should be very happy.

In many high-density cities, the dead can only be buried for about 10 years or so.
After that, the dead will be exhumed, and the ash might be thrown into the sea.
 
There are 4 people in this picture. Yet the "blood" guy is the only face this person chose to show. Interesting.

Why block out the other 2 inmates?
 
The photo quality is horrific.
My old 20 y/o handphone camera can give a much better quality image.

Did the cameraman used the handphone that was dropped into the toilet bowl full of shit???

I can't speak to how things work in a federal detention center. But I have visited an inmate in a state prison in Ohio. Photos are permitted during the visit. But this type of photo would not be allowed. Everything is tightly controlled.

This is probably waaaay more than you wanted to know LOL. But you asked, so...

Yes, there are contraband cell phones in the prisons. But you can't pull one out during a visit. Visitors cannot bring cell phones into the prison. You go through a metal detector when you go in. Prisoners cannot bring a cell phone into the visit. It would be immediately spotted and confiscated by the staff. Contraband cell phones are hidden in mattresses and used when the staff are not around. You can't get one into the visiting area.

The only photo that is permitted is a photo of the inmate and their visitor. It is taken by another inmate who works in the visitor center. They use a digital camera--not a phone.

They then print the photo on photo quality paper. They print two copies--one for the inmate and one for the visitor. That's it. The digital photo is either deleted from the camera or it is archived for the use of the staff if there is a future investigation into that particular visitor.

No one except the prison staff ever has access to the digital photo.

So the short answer is this: the paper photo leaves the prison with the visitor, and then it gets scanned. And in this particular case with SBF, whoever scanned it used very low resolution, probably to get a manageable file size.

Or they took a picture of the photo with their phone LOL and then sent it to someone as a picture message, and in order to make the file size manageable, the phone reduced the quality.

Or something like that.

Prisoners do have access to an e-mail system that is monitored by the prison staff. But in most prisons they cannot send attachments, and anyway, like I said, they would not have access to digital images of photos taken during visits.
 
Those are probably the guys selling him some protection in order he doesn't need so much vaseline at night.

I can't feel sorry for a guy like this. He could have had an extremely profitable legit business.
 
FTX fraudster Bankman-Fried seeks less than 7 year sentence, claims he is at risk of ‘harm and extortion’ in prison
https://www.cnbc.com/2024/02/28/ftx...-fried-seeks-less-than-7-years-in-prison.html
  • Sam Bankman-Fried is seeking a prison sentence of between 5¼ and 6½ years for overseeing a huge financial fraud at his crypto exchange FTX and a related hedge fund.
  • Defense lawyers in a New York federal court fling cited SBF’s “neurodiversity,” selflessness and “kindness” in calling for the relatively light punishment.
  • Federal prosecutors have said FTX and Alameda Research customers lost billions of dollars from Bankman-Fried’s fraud.
  • He is due to be sentenced March 28.
(More at above url)
 
FTX fraudster Bankman-Fried seeks less than 7 year sentence, claims he is at risk of ‘harm and extortion’ in prison
https://www.cnbc.com/2024/02/28/ftx...-fried-seeks-less-than-7-years-in-prison.html
  • Sam Bankman-Fried is seeking a prison sentence of between 5¼ and 6½ years for overseeing a huge financial fraud at his crypto exchange FTX and a related hedge fund.
  • Defense lawyers in a New York federal court fling cited SBF’s “neurodiversity,” selflessness and “kindness” in calling for the relatively light punishment.
  • Federal prosecutors have said FTX and Alameda Research customers lost billions of dollars from Bankman-Fried’s fraud.
  • He is due to be sentenced March 28.
(More at above url)

Should have thought about that before gambling with other people's life savings. Millions of people lost their life worth. Screw him
 
Customers and creditors of bankrupt crypto exchange FTX who can prove their losses will likely get back all of their money.

Think I'm smoking something?

I did not write that sentence. I copied and pasted it from a Bloomberg article that was published on January 31.

The title of the article is "FTX Plans to Repay Customers in Full, Drop Exchange Relaunch."

http://tinyurl.com/240131BBFTX

This is a gift link. A Bloomberg subscription is not required. The link expires in seven days.
 
Customers and creditors of bankrupt crypto exchange FTX who can prove their losses will likely get back all of their money.

Think I'm smoking something?

I did not write that sentence. I copied and pasted it from a Bloomberg article that was published on January 31.

The title of the article is "FTX Plans to Repay Customers in Full, Drop Exchange Relaunch."

http://tinyurl.com/240131BBFTX

This is a gift link. A Bloomberg subscription is not required. The link expires in seven days.

They're not getting back all of their money, they are getting back the amount of the same price Bitcoin was when they lost it. Meaning they will get back their funds in Bitcoin at the time they lost it, so all the people who wanted to hold will be screwed over 40K for each Bitcoin they hold.

And who paid bloomberg to write that article? That's what you should be asking yourself.

I want to see this guy pay for his mistakes that he so well deserves
 
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