142
Revoke his bail as he is now showing an indication of a flight risk.
"I will definitely come back I promise."
Yup. Cuz there’s absolutely no way he’d be coming back…
Even if he's being honest about his intention of coming back voluntarily it's still a flight risk as there's the possibility he doesn't come back, changes his mind, etc. No extradition and he has the resources to avoid it anyway.
but of course, we don't really believe he's being honest, do we?
"Please let me flee and avoid the consequences as I am rich your Honor.", rich dude at trial.
Now that is a motivating statement for any judge. They love sucking rich men’s cocks
U.S. authorities said Binance broke U.S. anti-money laundering and sanctions laws and failed to report more than 100,000 suspicious transactions with organizations the U.S. described as terrorist groups including Hamas, al Qaeda and the Islamic State of Iraq and Syria.
Never gets old
Yeah there's no reason why they should let him.
The UAE will shield him from extradition if he is allowed to return home because he is rich.
He is the very definition of "Flight Risk" because he has:
-
Means - UAE will support him if he seeks asylum and/or legal aid. Binance is not based in the USA; so it cannot be dissolved by a US court finding. It will likely not fire him because of these charges, due to the nature of cryptocurrency.
-
Motive - The USA will not be able to quickly extradite him if he flees, and fleeing is in his interest to avoid being charged or jailed and ensure he keeps his job.
-
Money - He still has lots of money. Unlike SBF; he wasn't suddenly bankrupted by Binance failing. Binance still exists and will continue to do so Without the USA allowing it to do business in it's borders!
There's no need or reason to fire him - he's already stepped down
He's playing 4d chess here, see by ASKING to be allowed to leave, he makes it clear that he won't flee the country unless he gets permission, so there won't be any reason to try to prevent it! ~/s~
I am actually surprised China is letting this happen. They must be pissed with this dude.
He really did burn all his friends with one ego tweet to Sam Bankman.
China has no say in letting it happen. The company is not based in China. He is a Canadian citizen and resides in the UAE. He was born in China but it's a little late for them to get involved in that.
What, exactly, could China do to prevent the US from sentencing a criminal in their own borders?
Can you elaborate on the one tweet thing? Im out of the loop
Basically, Sam Bankman fried and this CEO of binance got into an public ego match on twitter.
As Sam was the owner of FTX, and Binance was the Chinese version of that.
he tweeted:
It seems $15m not only changed @kevinolearytv’s mind about crypto, it also made him align with a fraudster. Is he seriously defending SBF?
https://youtu.be/pIXq1pfvG0g (baseless attacks start around 4:20).
Which one domino crashed into another. FTX was found to be playing with clients funds and insolvent, and binance was turned inside out in the same process. Sam ended up with a 105 year sentence, and the Binance CEO is here.
Holy shit Sam gor 105 years?!?!?
He's facing 115 but won't be sentenced until March
this post was submitted on 25 Nov 2023
142 points (99.3% liked)
News
23296 readers
3410 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS