Elizabeth Lopatto at the Verge has been doing wonderful coverage of this. any shred of doubt I had that the jury was going to find him not just guilty but super ultra mega guilty went away when I...
Elizabeth Lopatto at the Verge has been doing wonderful coverage of this.
any shred of doubt I had that the jury was going to find him not just guilty but super ultra mega guilty went away when I read this:
At various points during Sam Bankman-Fried’s cross examination, I saw jurors shake their heads, frown so hard their lips disappeared, and make prolonged eye contact with each other.
...
Still, he hadn’t made any of those statements under legal oath, had he? Well… that remained true until we reached his Congressional testimony.
...
At this point, my notes simply read “Jesus fucking Christ” in all caps.
Watching Roos, I came to understand why the defense had been jumping around in time so much. Chronological order was bad for Bankman-Fried: it showed pretty clearly that he was learning things and lying about them. The “Assets are fine” tweet, sent November 11th, was four hours after a Signal chat where Bankman-Fried acknowledged an $8 billion difference between what he owed customers and what FTX could pay.
Molly White's newsletter has also had very good, in-depth recaps of each day of the trial. if you read only one of them, I'd recommend Day 4: The fraud was in the code, where the former CTO of FTX walked through the specific code that allowed Alameda Research to "borrow" from FTX assets by way of an "allow_negative" database flag and a credit limit that went as high as $65 billion.
also totally made up numbers:
Code snippets shown to the jury demonstrated how Nishad Singh wrote some code that would update the insurance fund amount by adding to it the daily trading volume, multiplied by a randomish number around 7,500, and dividing it by a billion, thus making it appear as though the website was referencing a real account balance that was fluctuating as the exchange added funds or withdrew from it to cover losses. In reality, it was all made up.
Yeah it's often mixed feelings for me with situations like this where you know other people were culpable as well, but some cases you just can't necessarily produce the evidence required to...
Yeah it's often mixed feelings for me with situations like this where you know other people were culpable as well, but some cases you just can't necessarily produce the evidence required to convince a jury without co-conspirator testimony, or at least not something you can reasonably predict will be good enough to convince a jury. It would be a big risk to take, because if you go for all of them, you might get none of them.
Ultimately, I think they made the right call in turning the people they did, since they all were directly involved and could firmly testify to Bankman-Fried’s involvement. It was a relatively...
Ultimately, I think they made the right call in turning the people they did, since they all were directly involved and could firmly testify to Bankman-Fried’s involvement. It was a relatively complex financial crimes case. Those are notoriously hard for prosecutors to win.
But hopefully the co-conspirators still get lengthy sentences.
It’s not just you. I’ve notice hitting paywalls a lot more often lately. I’m not planning to ever pay for this kind of content as there are so many free sources to get news from. It’s annoying to...
It’s not just you. I’ve notice hitting paywalls a lot more often lately. I’m not planning to ever pay for this kind of content as there are so many free sources to get news from. It’s annoying to follow a link only to have to navigate back again. But I just checked and this has a “paywall” tag, so maybe I can filter them out.
Filtering is indeed possible. However, it’s really unfortunate I will then also miss these posts when someone has commented with a free alternative, like RNG has done in this thread. So I’m not...
Filtering is indeed possible. However, it’s really unfortunate I will then also miss these posts when someone has commented with a free alternative, like RNG has done in this thread. So I’m not yet sure what I’ll do.
An alternative is to copy the URL to archive.ph, which usually works. (It’s against Tildes rules to post these links at top level, but it’s commonly done in comments.) Also, I recommend searching...
An alternative is to copy the URL to archive.ph, which usually works. (It’s against Tildes rules to post these links at top level, but it’s commonly done in comments.)
Also, I recommend searching Google News for the best article you can find rather than posting the first news article you see, but not everyone remembers to do that and it’s not required.
I think the closest thing might be under terms of use: But how this applies to archive sites seems more informal? Maybe someone else remembers.
I think the closest thing might be under terms of use:
Do not use Tildes to break the law, including violating intellectual property rights. See the "Copyright infringement claims" section for more details.
But how this applies to archive sites seems more informal? Maybe someone else remembers.
Alternatively you can install the Bypass Paywalls Clean browser extension (for Firefox or Chrome). It's very good. Someone else mentioned archive links, which are a good fallback if this doesn't...
Alternatively you can install the Bypass Paywalls Clean browser extension (for Firefox or Chrome). It's very good. Someone else mentioned archive links, which are a good fallback if this doesn't work, and your browser may have a built-in Reader Mode which can sometimes help too. Between these three tools you should be able to avoid all but the most egregious walls.
Thanks, great suggestions that I’m going to check out on desktop. What I’m mostly using is my iOS device and there I’ve been using reader mode and 12ft.io. Reader mode only works sometimes and...
Thanks, great suggestions that I’m going to check out on desktop. What I’m mostly using is my iOS device and there I’ve been using reader mode and 12ft.io. Reader mode only works sometimes and 12ft is gone, so I’m still looking for a good solution there.
What I much rather would like to see is fewer paywalled articles being posted. It’s unrealistic to assume everybody is paying for, or is going to pay for, random articles being posted on Tildes.
It was exactly one year ago that CoinDesk published their seminal reporting indicating that Alameda was insolvent. Just how quickly that turned into the downfall of a company that had just...
It was exactly one year ago that CoinDesk published their seminal reporting indicating that Alameda was insolvent. Just how quickly that turned into the downfall of a company that had just purchased the naming rights to Miami Heat’s arena is astounding.
Elizabeth Lopatto at the Verge has been doing wonderful coverage of this.
any shred of doubt I had that the jury was going to find him not just guilty but super ultra mega guilty went away when I read this:
Oct 30th: Sam Bankman-Fried doesn’t recall
and it got worse:
Oct 31st: Sam Bankman-Fried didn’t ask where the $8 billion went
Nov 1st: Closing time for Sam Bankman-Fried
Molly White's newsletter has also had very good, in-depth recaps of each day of the trial. if you read only one of them, I'd recommend Day 4: The fraud was in the code, where the former CTO of FTX walked through the specific code that allowed Alameda Research to "borrow" from FTX assets by way of an "allow_negative" database flag and a credit limit that went as high as $65 billion.
also totally made up numbers:
If ever there was someone who dug their own legal grave…
It’s a shame they gave so many of his (knowing) accomplices plea deals/immunity though.
Yeah it's often mixed feelings for me with situations like this where you know other people were culpable as well, but some cases you just can't necessarily produce the evidence required to convince a jury without co-conspirator testimony, or at least not something you can reasonably predict will be good enough to convince a jury. It would be a big risk to take, because if you go for all of them, you might get none of them.
Ultimately, I think they made the right call in turning the people they did, since they all were directly involved and could firmly testify to Bankman-Fried’s involvement. It was a relatively complex financial crimes case. Those are notoriously hard for prosecutors to win.
But hopefully the co-conspirators still get lengthy sentences.
Here's a link for those without an FT subscription. From the Verge
Thanks. Is it just me or are more paywalled articles being posted these days?
It’s not just you. I’ve notice hitting paywalls a lot more often lately. I’m not planning to ever pay for this kind of content as there are so many free sources to get news from. It’s annoying to follow a link only to have to navigate back again. But I just checked and this has a “paywall” tag, so maybe I can filter them out.
Oh good catch. Thats super courteous of OP for including this. If this etiquette becomes the norm, I'm OK with using a filter as well
Filtering is indeed possible. However, it’s really unfortunate I will then also miss these posts when someone has commented with a free alternative, like RNG has done in this thread. So I’m not yet sure what I’ll do.
An alternative is to copy the URL to archive.ph, which usually works. (It’s against Tildes rules to post these links at top level, but it’s commonly done in comments.)
Also, I recommend searching Google News for the best article you can find rather than posting the first news article you see, but not everyone remembers to do that and it’s not required.
Which rule is this referencing? I can't find it in the docs.
I think the closest thing might be under terms of use:
But how this applies to archive sites seems more informal? Maybe someone else remembers.
Alternatively you can install the Bypass Paywalls Clean browser extension (for Firefox or Chrome). It's very good. Someone else mentioned archive links, which are a good fallback if this doesn't work, and your browser may have a built-in Reader Mode which can sometimes help too. Between these three tools you should be able to avoid all but the most egregious walls.
Thanks, great suggestions that I’m going to check out on desktop. What I’m mostly using is my iOS device and there I’ve been using reader mode and 12ft.io. Reader mode only works sometimes and 12ft is gone, so I’m still looking for a good solution there.
What I much rather would like to see is fewer paywalled articles being posted. It’s unrealistic to assume everybody is paying for, or is going to pay for, random articles being posted on Tildes.
It was exactly one year ago that CoinDesk published their seminal reporting indicating that Alameda was insolvent. Just how quickly that turned into the downfall of a company that had just purchased the naming rights to Miami Heat’s arena is astounding.
Didn't this like just begin?
The trials been going for a few weeks. The jury deliberated for only five hours though.
According to Wikipedia, the trial started October 3. Yes, that seems pretty quick compared to some trials.