‘One of the Most Hated People in the World’: Sam Bankman-Fried’s 250 Pages of Justifications

The FTX founder wrote hundreds of pages of reflections and self-justifications while under house arrest, shedding light on how he may defend himself at his criminal trial next month.

At the end of a 15,000-word Twitter thread he never posted, Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, offered a blunt assessment of his predicament.

“I’m broke and wearing an ankle monitor and one of the most hated people in the world,” he wrote. “There will probably never be anything I can do to make my lifetime impact net positive.”

He added: “And the truth is that I did what I thought was right.”


Goin away for a long time…

Or will he be pardoned after a short stint?

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Escaped prisoner Danelo Cavalcante is caught

Escaped prisoner Danelo Cavalcante has been captured after an intense two-week manhunt, police said on Wednesday morning.

The 34-year-old was serving a life sentence for the murder of his ex-girlfriend at the Chester County Prison, 30 miles west of Philadelphia, when he escaped on August 31.

State police were seen posing with the Brazil native after his capture at around 8am EST. State police they will provide details of the capture at 9.30am.

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Be on the lookout for dark hair

Police sketch

Police search for eight suspects following brazen Don Mills stabbing attack

The suspect descriptions are as follows:

  • Suspect #1: black hair, wearing black hoodie with white strings, black shorts, black running shoes and black side bag.
  • Suspect #2: dark hair, wearing lime green t-shirt, white pants, and white shoes.
  • Suspect #3: dark hair, wearing red long sleeve shirt, and white or light grey pants.
  • Suspect #4: dark hair, wearing black H&M t-shirt with “New York City 33” on front.
  • Suspect #5: longer dark hair, wearing black t-shirt, khaki shorts, white and black shoes.
  • Suspect #6: dark hair, wearing white dress shirt with sleeves rolled up, blue jeans, and white shoes.
  • Suspect #7: dark hair, wearing light blue long sleeve shirt, and white pants.
  • Suspect #8: dark hair, wearing Juventus Soccer Jersey with black and white vertical stripes, light coloured pants, and black and white basketball shoes.
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Today’s Shoplifters, Unlike Victor Hugo’s ‘Misérables,’ Are Stealing More Than Bread, as Theft Gets Decriminalized

Those who see low-dollar shoplifters as 21st-century Jean Valjeans should realize that theft is not necessarily a nonviolent crime and that low-value theft losses can inflict severe damage on those with modest incomes.

You could blame Victor Hugo. In 1846, the French novelist observed a young man being arrested for holding a loaf of bread he stole.

Deeply touched, he fashioned his novel “Les Misérables,” published in 1862, around the character Jean Valjean, who is imprisoned for 19 years for stealing a loaf of bread and pursued relentlessly after his release by Inspector Javert.

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Stolen Canadian cars are ending up in Africa and auto industry says not enough is being done to stop it

Vehicles stolen from Canada are increasingly ending up in Africa and the Middle East but authorities in those countries say Canada’s law enforcement agencies have not engaged them on the issue.

The vehicles, some of which still contained their Canadian registration documents, were being off-loaded through various online channels, including social media, with buyers paying close to market price.

“We’ve become a global donor in stolen vehicles,” Michael Rothe of the Canadian Financing and Leasing Association told CBC. “From our perspective, it’s a lack of enforcement.”


A lack of enforcement? Hell the police won’t even respond if you report your car stolen.

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The shoplifting epidemic is a sign that Britain is on the verge of anarchy

During the pandemic, you weren’t allowed to enter a supermarket without a mask. These days, of course, there’s no need for that. Instead, you need a stab vest, a riot shield and a bulletproof helmet.

Alright, so that’s possibly an exaggeration. But not by much. Our supermarkets really do seem perilously close to anarchy. Shoplifting is surging – and staff are terrified.

It’s got so bad that Tesco is getting staff to wear body-cams, to help catch shoplifters who assault them. This is more and more common: incidents of violent behaviour towards retail employees have doubled since before the pandemic. Sainsbury’s, meanwhile, has started carrying out bag searches at its self-service tills.

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Sam Bankman-Fried loses bid to get out of jail, appeals court will hear case

Sam Bankman-Fried on Wednesday lost his bid to be freed immediately from a Brooklyn jail so he could prepare better for his criminal trial, less than a month away, over the collapse of his FTX cryptocurrency exchange.

In rejecting Bankman-Fried’s request, the 2nd US Circuit Court of Appeals in Manhattan nonetheless said it would ask the next available three-judge panel to consider it.

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Baltimore mother begs law enforcement to hold delinquent daughter accountable

The Democrats in capitol buildings across the country really hate the black family.

In swept Maryland legislator Jill Carter with her Juvenile Justice Reform bill to right the wrongs of systemic and institutionalized racism, and once again, the black community finds itself suffering the consequences of the politicians who pay no price for being wrong.

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He’s Wanted in a 1970 Bombing. The F.B.I. Aged His Photo to Seek Tips.

The suspect, Leo F. Burt, has evaded capture since the anti-Vietnam War bombing at the University of Wisconsin, which was considered the largest act of domestic terrorism at the time.

In the more than 50 years since a bomb ripped through a mathematics center at the University of Wisconsin, killing a graduate student and injuring several others in what was considered an attack protesting the Vietnam War, the F.B.I. has received hundreds of tips about the whereabouts of one of the suspects, Leo F. Burt.

Just weeks after the attack on Aug. 24, 1970, a waitress in Cleveland was convinced that she had seen him. Years later, another tipster thought he had spotted Mr. Burt at a homeless shelter in Denver. One man said he had seen the fugitive working at a resort in Costa Rica. But Mr. Burt was never found.

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Will Jeffrey Epstein’s Sex-Trafficking Clients Be Named?

For those who think the truth about the crime and slime associated with Jeffrey Epstein has been deep-sixed down the memory hole, there may be another bite at this rotten apple. Mimi Lui, an attorney representing the U.S. Virgin Islands, has filed suit in federal court against JPMorgan Chase. Lui charged that over $1 billion in suspicious transactions have been reported to the U.S. Treasury since Epstein’s death and that JPMorgan Chase ignored sex-trafficking red flags over many years, thus enabling these crimes. The case will go to trial on October 23 unless a settlement is reached.

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“Nonviolent Crime” Is a Myth

Even supposedly minor lawbreaking is generally backed by the threat of violence.

Two ubiquitous phrases in debates about policing and criminal-justice policy are “nonviolent crime” and “nonviolent offender.” Are these categorizations really useful? The best test of whether an offense or offender is truly nonviolent is to intervene and try to put a stop to a so-called low-level offense and see what reaction you get. It’s not hard to see how getting involved in many such scenarios could prove dangerous. Tragically, a recent case in San Francisco illustrates these dangers vividly.

 

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