When bad things happen to (formerly) rich people
This schmuck again:
A U.S judge on Friday revoked Sam Bankman-Fried’s bail, after finding probable cause that the indicted founder of the bankrupt FTX cryptocurrency exchange tampered with witnesses at least twice. . .
Bankman-Fried has been largely confined to his parents’ Palo Alto, California, home on $250 million bond since his December 2022 arrest.
Federal prosecutors in Manhattan first made their surprise request to jail Bankman-Fried last month, saying he “crossed a line” by sharing former romantic partner and Alameda Chief Executive Caroline Ellison’s personal writings with a New York Times reporter.
Where does i say you can’t tamper with a witness? I’m talking about a bad witness, a crooked witness, who got mixed up in the crypto rackets and got what was coming. That’s a great story.
My favorite detail of Judge Kaplan’s revocation order is that he points out SBF used a VPN connection to watch a football game from his parents’ house in Palo Alto, instead of watching it on regular TV like the great unwashed:
This defendant tries to go right up to the line – his use of the VPN to watch a football game over an account he wasn’t authorized, there it is… [h]e subscribed from the Bahamas and used a VPN as if he were in the Bahamas when he was in Palo Alto and could have watched it on public TV. It shows the mindset. All things considered I am going to revoke bail.
If you’re out on bail for these sorts of major felonies, you’re not supposed to j-walk or take an extra lime cilantro shrimp from the Costco sampler. But rules are for little people, right Donnie?
It’s like these judges haven’t even heard of Wilhot’s law.
Speaking of which, I don’t want to do a whole post on Jack Goldsmith’s hand-wringing about the potential “terrible consequences” involved in prosecuting Trump, but I will note that everybody who makes this kind of argument should be required to answer the following question: What’s the bigger problem in American law, politics, and culture today — selective prosecution of political enemies, or elite impunity in the face of the law?