RE: SBF Arrest: A Big Conspiracy?

If you dig deep enough, everything is a conspiracy. There have been a few conspiracies around FTX, one being that it was used to launder money and political donations. All of this has been proven to be false.

As exciting as it would be to uncover FTX was being used as a pawn in some government cover-up, choosing a platform that uses an immutable blockchain probably isn't the smartest idea. The whole existence of blockchains is to prevent tampering with transactions, and the technology can now forensically trace them (the CIA and other organisations use this technology already). I believe Amazon offers a crypto forensic tool.

Sam Bankman-Fried might not be alone in his fraud, but I somehow doubt he is an innocent patsy in all of this. This guy claims to not know anything despite being in charge and setting up many of these structures, pleading ignorance that he should have known but didn't.

The reason that he was arrested so quickly is that there is most likely a trove of evidence against him. That's the beautiful thing about blockchains. They store everything. You can't shred a blockchain or shut it down. Everything is there waiting to be uncovered and traced. It is rumoured that former Alameda CEO Caroline Ellison has turned against SBF, especially after he threw her under a bus in an interview in November. This is compounded by the fact that she has been spotted in New York at a coffee shop, not in Hong Kong.

We keep hearing about FTX being one of the top donors to the DNC and how SBF and his accomplices won't see jail, but the fact he is currently being extradited in an indictment brought against him proves otherwise. He will be charged. How lenient the courts go on him depends on how strong the evidence is.

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