What’s more likely? Joe Biden wins a triathlon and then has a celebratory dinner that night at Mar A Lago, or Sam Bankman-Fried beats his multitude of federal fraud charges. Based on what we hear pre-trial, I think Biden not falling off his bike and dining in Palm Beach would happen first.
One of SBF’s former allies is Brett Harrison, and he said he would unleash secrets and details of the criminal chicanery going down at FTX before they were exposed.
Remember that many former FTX execs signing to the Justice Department have self-serving reasons; they hope to spend a little less time in prison. Chances are Harrison could unload some dirt since he was the president of the crypto exchange’s US operations for 18 months before resigning out of the blue in September. Before the clown show at FTX, Harrison had legit jobs at Citadel Securities and Jane Street. That is where he met SBF and his former gal pal, now turned the chief switch, Caroline Ellison.
Ellison has already taken a plea deal. So has co-founder Gary Wang. The feds and the FBI are pretty effective at getting what they want. What may start as one felony charge can balloon into over a dozen if they don’t get the deal they want from people involved in these crimes.
Sam Bankman-Fried’s trial is set to start October 2.
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