Submitted by habichuelacondulce t3_zzc4j7 in technology
Eponymous-Username t1_j2b279z wrote
Can't imagine he'd have much to gain from pleading guilty at this point...
0pimo t1_j2bd6x4 wrote
Yeah no lawyer worth a shit is going to let their client plead guilty right off the rip. Even if you are 1000% guilty and everyone knows it.
Alternative_Log3012 t1_j2co6sb wrote
Which he is
Tyler_durdens_son t1_j2czyng wrote
BILLABLE HOURS BABY!!!!
mooseson t1_j2doldc wrote
Yeah at over $2,000/hr with this legal team!!!
[deleted] t1_j2f1oek wrote
[removed]
Revolutionary_Lie539 t1_j2f1rcb wrote
Plea changes when retainer is zero.
EZKTurbo t1_j2bswdd wrote
Everyone below him is probably getting a lot for rolling over. But he's it, he's the guy, he was in charge, the buck stops with him. There's nobody he could sell out in order to get a deal.
SoylentRox t1_j2cp3im wrote
Maybe? I mean he's gonna try to convince everyone he just set directives and played video games all day. That's he wasn't aware of the backdoor hacks letting FTX gamble with client's money and the shady loans and so on.
Yeah I'm not sure how he could possibly claim to be unaware, the dude can code and in a company this small would have directly involved in the decisions.
Plus I mean they used slack and other collaboration tools. Presumably there are smoking gun thumbs up emojiis from him.
like back in 2020.
coworker1: "alamada is low on funds, we're gonna have to fold"
coworker2: "I have an idea, let's borrow a little from the exchange balance, we'll make it back"
with a thumbs up by SBF.
ZootTX t1_j2c97rr wrote
That's not really true at all. Court cases are about what the prosecution can prove, not what everyone 'knows.' A large number of the witnesses in this case will also have been complicit in the whole thing, which can be used against them.
Trials are time consuming, expensive, and this one will be an absolute circus of media attention. Seating a jury for this will be a task in itself. Not to mention potentially highlighting instances of government agencies/watchdogs failing to do their jobs appropriately.
I don't think anyone expects the dude to walk but certainly there will be an attempt at a plea deal even if this ultimately goes to trial.
PerfectPercentage69 t1_j2ci8kz wrote
Thankfully, with the size of damages and number of victims, a conviction of even one of the charges will put him behind bars for at least 20 years. He also doesn't have a lot of the sympathy points that Elizabeth Holmes tried to use to lower her sentence (ie. becoming a monther, claiming rape in school, and being controlled by abusive Balwani, etc.)
Quantumercifier t1_j2cwj3z wrote
The guy, I assume it is a guy, who raped Elizabeth Holmes, needs therapy. Poor guy.
erikwarm t1_j2d8pzu wrote
Unless he has dirt on somebody else and uses it to get a plea deal
danielravennest t1_j2eicsd wrote
All those politicians he contributed to is the only thing I can imagine with enough clout to get a deal. You never get a deal to flip on a smaller fish.
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