Submitted by AdamCannon t3_zkdxte in technology
Nieshtze t1_j00gjdq wrote
Reply to comment by Kahzootoh in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon
>SBF stole billions; enough money to make it worth going through every minute of the last decade of his life with a fine-toothed comb, he worked with a ton of other people who have knowledge on his methods (and are young enough to desperately want to avoid spending decades in prison themselves- so they will testify), and he was basically plugged into one device or another at all times.
This is a good point... The fact that he has billions probably makes it worth it to put a bunch of federal agents to work and crack his case. However, I still think he probably managed to sock away a few millions of dollars (a small drop in the ocean compared to his fortune) in offshore accounts/crypto wallets (Russia/China?) that may not be worth pursuing.
Kahzootoh t1_j00lqnc wrote
If SBF takes some form of plea deal (which he almost certainly will- Madoff did, and Madoff was smarter than this guy by an order of magnitude), it's basically guaranteed that a condition of his deal will be to disclose where all the money went- he won't be allowed to retain any of it.
That makes tracking down the little amounts worthwhile, because it only takes a tiny amount of money to render his plea deal null if it can be shown that he has broken the terms of the agreement.
ExoticCard t1_j032m5u wrote
No. No wallets. Memorized the wallet information. Can open it any time in the future. It's in his brain. That's freedom.
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