Bankrupt crypto exchange FTX says it will be able to repay creditors full $11bn https://www.theguardian.com/business/article/2024/may/08/bankrupt-crypto-exchange-ftx-says-it-will-be-able-to-repay-creditors?CMP=share_btn_url
During his trial he tried to argue that the expected repayment of all depositors should be a mitigating factor in his sentencing. If Ray had not intervened and frozen the company’s accounts, Bankman-Fried claimed, the company would have been able to trade its way out of the liquidity problems it faced at the time.
Judge Lewis Kaplan “rejected entirely” the claim, calling it “misleading, logically flawed and speculative”.
Kaplan added: “A thief who takes his loot to Las Vegas and successfully bets the stolen money isn’t entitled to a reduction of his sentence.”
I wonder how much the investors will pay for anxiety, pain and good fate. Crazy these kinds of crimes are somewhat sickeningly celebrated…My readers, what do you call a thief but a thief…?
I will debut longer form personal, experiential, and spiritual essays next year. I want to continue to do meaningful work. Help me conquer those who steal life, labor and liberty. Thank you.
When I realized comedy can be described as the things I say and do as well as the things I don’t say and do, I knew it was for me. I was seeing and hearing all kinds of shit that couldn’t be happening in the dreams and the nightmare we call society. I believe they call that crazy. You don’t need any proof. Someone just has to appear to have more potential at succeeding than you and you can make shit up about them. Better than that, you can plot to make them what you say they are. There’s always a ridicule am yet to encounter and the punches just keep coming. It is no miracle I survived. I am now more than qualified to tell comedically twisted true tales as a part of the jazz music festival, half time music. half time comedy. it is hilarious. In fact it is now a comedic-jazz music festival. Your receipts for music by ril and the free books for life cause mean the world to me. Help achieve justice.
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