Cryptocurrency

Out of context: Reply #811

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  • neverscared2

    Sam Bankman-Fried doesn’t recall
    Bankman-Fried gets a shot at his side of the FTX story — then promptly shreds his own credibility with the jury.

    Midway through Sam Bankman-Fried’s cross examination, as prosecutor Danielle Sassoon went through a brutal line of questioning like a hot buzzsaw through a butter cow, I found myself reflecting on how smart the average person is. Maybe they don’t know calculus. Maybe they’ll never read Ulysses. Maybe they can’t code. But they definitely know how to identify bullshit when they see it.

    So if you, like Bankman-Fried, have moved into the Clintonian territory of “it depends on how you define ‘trading’’” you done fucked up, son. Make whatever “sophisticated” argument you like; even the stupid will see through it.

    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. Personally, I now have a Pavlovian fear response to the phrase “Is it your testimony that...”

    On the stand, Bankman-Fried’s demeanor suggested a spoiled child complaining he didn’t get the biggest scoop of ice cream at his birthday party. He didn’t want to answer the prosecutor’s questions, or his lawyer’s questions — he wanted to answer his own questions, which he liked better. He often replied to yes-or-no questions with nonsense.

    https://www.theverge.com/2023/10…

    • a nerd posse running away with a bunch of other people’s money in the stupidest and simplest way possibleneverscared
    • "A hot buzzsaw through a butter cow"skinny_puppy

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