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bitcoins

meanwhile:
https://www.businessinsider.com/caroline-ellison-faces-110-years-in-prison-after-guilty-plea-2022-12

Ellison faces seven charges that collectively carry a maximum prison sentence of 110 years. These include conspiracy to commit wire fraud, securities fraud, and commodities fraud. She also faces a charge of conspiracy to commit money laundering.

Ellison has agreed to waive any defenses to the charges. Per her deal with prosecutors, she also agreed to pay restitution, the amount of which the courts will determine.

As part of the deal, Ellison must cooperate fully with prosecutors, the FBI, and any other law-enforcement agencies. She must also provide documents, records, and evidence to prosecutors, as well as testify to a grand jury or at court trials when requested.
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SBF's parents put up their Palo Alto home to post bail...

A federal magistrate on Thursday ordered disgraced FTX founder Sam Bankman-Fried released on a $250 million personal recognizance bond signed by his parents and secured by their Palo Alto, California, home. A prosecutor called it the largest pretrial bond ever.
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this dudes parents will facilitate, for him, things that he never should get

in fact the very fact his parents were law professors, was why so much undo trust was placed in his hands to begin wioth
 
Affluenza struck HARD! Brinkman is still running home to momma after screwing up.

Told my step-son on his 21st that he has to haul his own freight going forward. Fines, bail costs, attorney fees, ankle monitors. . . .all of it. So don't engage in stupidity, I said. Damned if he didn't listen that time. Been smooth and cool ever since.

Only a parent can stop the spread of affluenza. 'Tis a shame no one shut Brinkman down before he spread the contagion.
 
Blankpage said:
He can’t be so dumb to not have Bitcoins stashed on a flashstick somewhere
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That's the thing from what I understand it's not as anonymous as you think.

some people stole bitcoins worth billions and they got caught

https://www.cnbc.com/2022/11/07/fed...tcoin-the-second-largest-recovery-so-far.html

Through blockchain analysis and good old-fashioned police work, law enforcement and blockchain analytic experts was able to recover more than 50,000 bitcoin from Zhong. They even uncovered crypto stored on a computer submerged under blankets in a popcorn tin in a bathroom closet, according to the press release.
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^ Under blankets in a popcorn tin in a bathroom closet. Of course they found it, that the first place anyone would look.
Should have hid it in a paint can in the garage.
 
HappyHighwayman said:
Their home is worth $25M??
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Less than 20% of that. Things be-a-fishy. But, they did have some pricy properties in the Bahamas too...

The documents for another home with beach access in Old Fort Bay -- a gated community that was once home to a British colonial fort built in the 1700s to protect against pirates -- show Bankman-Fried's parents, Stanford University law professors Joseph Bankman and Barbara Fried, as signatories. The property, one of the documents dated June 15 said, is for use as a "vacation home."

When asked by Reuters why the couple decided to buy a vacation home in the Bahamas and how it was paid for -- whether in cash, with a mortgage or by a third party such as FTX -- a spokesman for the professors said only that Bankman and Fried had been trying to return the property to FTX.

"Since before the bankruptcy proceedings, Mr. Bankman and Ms. Fried have been seeking to return the deed to the company and are awaiting further instructions," the spokesperson said, declining to elaborate.
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No deets on how much the outlay / value of the parents Bahamas holdings are though. Certainly more than two Professors salaries could manage...

Blankpage said:
^ Under blankets in a popcorn tin in a bathroom closet. Of course they found it, that the first place anyone would look.
Should have hid it in a paint can in the garage.
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Interesting. Where have I heard this story before? Can't place it...
 
Pushrod said:
Affluenza struck HARD! Brinkman is still running home to momma after screwing up.

Told my step-son on his 21st that he has to haul his own freight going forward. Fines, bail costs, attorney fees, ankle monitors. . . .all of it. So don't engage in stupidity, I said. Damned if he didn't listen that time. Been smooth and cool ever since.

Only a parent can stop the spread of affluenza. 'Tis a shame no one shut Brinkman down before he spread the contagion.
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Good for you. My dad made it clear to me that when I reached 18, the handouts were going to devolve, and I would be finding new accommodations. Something about "we managed to stay married this long to keep you little shits growing up, now go school and fuck off so we can divorce and enjoy ourselves."
 
That'd be more of a reddit wsb w/adhd kind of speculation, not so much what we'd find on slow-and-steady-wins-the-race barf. Look at the favorite stocks of the to-the-moon'ers, btc/tsla/gme/amc, and see if you can find any patterns at lifetime resolution. Then look at the old guy stocks, cat/visa/any-of-the-vanguards, and see if you can find a pattern at lifetime resolution.
 
Blankpage said:
Bitcoin up 40% in a month, kicking ass and taking names.
Nobody (on the barf) saw that coming.
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Means absolutely nothing since the volume is fake and it's an entirely speculative asset with no real word use cases. Probably whales chasing bear stop losses.

Bed Bath and Beyond stock is up 20% this month. That doesn't make it a good investment.

I reiterate my price target of 0 for Bitcoin.
 
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