• @grayman
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      210 months ago

      Eugenics never goes away. I guarantee all the billionaires are looking to clone themselves and figure out how to make new slave races.

  • AutoTL;DRB
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    fedilink
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    210 months ago

    This is the best summary I could come up with:


    In a letter filed in federal court in Manhattan, prosecutors said that his sentencing will likely include orders of forfeiture and restitution for the victims of his crimes.

    Bankman-Fried’s conviction in New York on 2 November concluded a stunning fall from grace for the former billionaire, once known as the “King of Crypto”.

    The jury found him guilty of lying to investors and lenders and stealing billions of dollars from FTX, helping to precipitate its collapse.

    The prosecution presented evidence that Bankman-Fried’s crypto trading firm Alameda Research received deposits on behalf of FTX customers from the early days of the exchange, when traditional banks were unwilling to let it open an account.

    Instead of safeguarding those funds, as Bankman-Fried repeatedly pledged to do in public, he used the money to repay Alameda lenders, buy property and make investments and political donations.

    Three of his former close friends and colleagues, including his ex-girlfriend Caroline Ellison, pleaded guilty and agreed to testify against him in hopes of reducing their own sentences.


    The original article contains 397 words, the summary contains 169 words. Saved 57%. I’m a bot and I’m open source!