Sam Bankman-Fried, the former crypto mogul who was convicted of defrauding investors by secretly diverting billions of dollars of their money, asked the Supreme Court on Thursday for a new trial and to throw out a court order requiring him to pay $11 billion as part of his sentence.

  • FluidBeef@quokk.au
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    7 hours ago

    It’s like we finally get one of these creeps and they keep popping back up again. Money really is a blight.

    • ExtremeDullard@piefed.socialOP
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      7 hours ago

      Well, in theory anybody is allowed to petition the Supreme Court to arbitrate their case if they feel all the lower courts they where dealt with below it did them wrong, and the Supreme Court reviews the case and decides to take it or not.

      In theory.

      In practice, the court’s clerks will not even read your petition unless your case is exceptionally complex, very public, you’re a billionaire or you’re an orange fascist dementia patient.

    • Garbagio@lemmy.zip
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      8 hours ago

      Easy. SBF robbed rich fucks, and they stole from us to recoup it. Luigi didn’t leave downstream issues.

    • bedwyr@piefed.ca
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      1 day ago

      FIrst of all, bankman handled the political contributions to the democrats, while one of the other guys did it for republicans.

      Second, Zhou or whatever, the other crypto douchelord hated his guts and did get (pay money under the table to the president,) a pardon.

      Third, the case is so high profile, and some powerful people would’ve lost from their holdings.

      So the president, whom has to be running a sliding scale on the bribe cost for pardons, would be demanding obscene amounts of money for one. Bankman must not have that kind of liquid assets available that he stored away.

  • bedwyr@piefed.ca
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    1 day ago

    The only way he’s getting out is if he squirreled enough money away to pay for a presidential pardon or commutation. The sliding scale for pardons right now is probably pretty steep for bankman here.

    • porous_grey_matter@lemmy.ml
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      1 day ago

      Have you seen the supreme court? He does have a chance. Of course the fact that he’s not in the supreme leader’s favor counts against him, but if he’s got any money left a little donation to Clarence has worthwhile odds of sorting him out.

    • ExtremeDullard@piefed.socialOP
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      1 day ago

      It doesn’t cost anything to try. If I was sentenced to 25 years in the slammer and $11bn in restitution, I’d try anything to lighten the sentence.

      Or I’d off myself, because I’d be mortified with shame in his place. But I’m not a criminal.