I have chosen to write about the fall of SBF at times over the past year. The general take that I have had regarding SBF and FTX has been that cryptocurrency in general needs to weed out the fraudsters and criminals.
Now, I know the SBF news broke at the end of last week. Here is an article about it:https://www.npr.org/2023/08/11/1191362886/ftx-sam-bankman-fried-sbf-crypto-fraud
After reading several articles regarding the judge's decision to revoke SBF's bail I find it oddly amusing that SBF appears to have made significant attempts to influence or "interfere" with witnesses in the case. There was another accusation that SBF tried to or did give documents to at least one reported. The inference was that the documents had something to do with his case.
The phrase "if it looks like a duck, swims like a duck, and quacks like a duck, then it's probably a duck" comes to mind. I have written many psychological assessments on individuals who have committed crimes (I have not assessed SBF) and one of the main things I look for is behavior. It is more important to look at how one's behavior matches up with what they say. Apparently, SBF seems to want to portray himself as an honest man who made some mistakes (an oversimplification, but it fits). However, his behavior clearly does not coincide with what he says, and given the fall of FTX as a once lauded crypt giant that turned out to be a criminal enterprise, this recent behavior is just a continuation of his criminal like behavior while running FTX.
SBF looks like a criminal, acts like a criminal, and talks like a criminal (lies).
I am not happy when people go to jail, but I am happy when criminals go to jail.
