OA832: The Sam Bankman-Fried Story: Math Whiz Bets He's Smarter Than Prosecutors, Loses (feat. Mitchell Epner)
Added 2023-11-15 03:55:16 +0000 UTC
Liz and Andrew welcome back Mitchell Epner to explain exactly what happened with the Sam Bankman-Fried trial.
This is an unpaid post on Patreon and was released early for Patrons.
Notes
SBF Superseding indictment
https://www.justice.gov/media/1311286/dl?inline=
The "use case" for Bitcoin was always for people to be able to buy drugs without big brother looking over their shoulder and indicting them for tax fraud. The advocates of it as "money" are either fraudsters or people who never learned why the "wildcat banking" era was bad. Fiat money has an inherent value because you have to use it to pay your taxes, while crypto coins are just virtual car wash tokens. It's all just an exercise in idiots reliving the 1920s and learning why financial regulation was actually invented, and once it becomes regulated people will get bored and find some new way to try to evade taxes. The tulip bulbs at least actually existed.
To sit in solemn silence in a dim dark dock in a pestilential prison with a life long lock awaiting the sensation of a short sha
2023-11-17 10:23:43 +0000 UTC
Could you clarify Mr. Epner's criticism of Bankman-Fried re: not seeking a plea deal? Thinking back to the Madoff scandal, he pled to all counts without a plea agreement and wound up with a 150yr sentence. So I guess I'm having a hard time understanding why Bankman-Fried should have been rationally motivated to plea, given judges in the same district threw the book at Madoff for similar crimes of a similar scale. I'm not trying to defend Bankman-Fried, but it seems as though his options were closer to receiving 100+ years regardless of whether he pled or was convicted at trial, than it was to getting a 20yr sentence with the possibility to get out earlier with parole.
iznatius
2023-11-15 22:01:13 +0000 UTC
I’d pump the brakes on Markwayne and the MMA thing. It seems like he fought in three fights in 2006 and 2007, two of which were against the same person, who had a 1-11 record. I was curious about his claim to be in the Oklahoma Wrestling Hall of Fame, which seems to tie to this: https://nwhof.org/state-chapters/oklahoma/news/oklahoma-chapter-of-national-wrestling-hall-of-fame-will-induct-7-on-oct-9 in which he was given the “Outstanding American” award, which is for people who succeeded in non-wrestling arenas but applied lessons they learned in wrestling (stick-to-it-iveness, or some such). Referring to that as being in the wrestling hall of fame is some pure pathetic garbage. If he’d do that, I’m sure he was a suckass MMA fighter, as well.
Tim Whatley
2023-11-15 18:31:19 +0000 UTC
Not a fan of the slut shaming. My significant other is also a sex worker and you are denigrating them by proxy. Please edit it out.
Zach Lym
2023-11-15 18:10:16 +0000 UTC
At last, Knitters getting the credit we deserve!
Aran Jackson
2023-11-15 12:52:36 +0000 UTC
I could listen to Liz all day, everyday. Her wit and familiar accent are easy on the ears.
Rep. Jared Moskowitz (FL-23) I know we wouldn't usually associate his acumen with FloriDUH...
Burchett ('CH' like chocolate) (TN-02). Can't blame me for this one. I votes for the guy (Steve Cohen, TN-09) who brought KFC to a committe meeting that Barr skipped.
Yolanda Rowe
2023-11-15 04:51:36 +0000 UTC