I was wondering why SBF seemingly behaved like an innocent man. Giving interviews, talking to podcasters, remaining at his residence.

Why didn’t he make a run for it?

If he did take all those billions as was claimed, why didn’t he move to a country that doesn’t extradite or just move off the grid for a couple years?

Was he burnt out? complacent? drugs?

Or did he never have that money in the first place?

  • TranscendentalEmpire@lemm.ee
    8·
    11 months ago

    You’re buying into the story he spent years developing. SBF is a conman from a highly influential family, who used his familial connections to run what essentially was a ponzi scheme. He wasn’t a particularly gifted individual, he was just manipulative and had a lot of connections in high places.

    He didn’t flee because he didn’t think he was ever going to prison, and tbh I’m kinda surprised that was the eventual outcome. If it had been any other exchange besides crypto, he probably would have gotten away with it.

    • squiblet@kbin.social
      0·
      11 months ago

      Jane Street doesn’t hire non-smart people, and to have passed their hiring process he has to at least have been a talented programmer.

      • TranscendentalEmpire@lemm.ee
        1·
        11 months ago

        That’s not true at all… Connections go a lot further in wall street than intellect. Even if you’re an extremely talented trader, unless you’re taking a lot of risk, you’re still going to be doing just slightly better than average. The most important aspect of trading is convincing people to join your portfolio, so people with affluent families have a huge advantage.