captainvontage801
captainvontage801 t1_j2228oo wrote
The only choice he has is to plead not guilty and try to fight an impossible case. I mean he could cut a deal now where they may throw him a bone to just plead guilty. Usually the way the courts work is if you decide to go to trial and they find you guilty. They throw the book at you and generally hit you with the maximum. If you plead out you could get a better deal. Nevertheless, he's fucked either way.
captainvontage801 t1_j23wfq5 wrote
Reply to comment by brawnkoh in Sam Bankman-Fried to enter plea in FTX fraud case by hzj5790
Yeah. Usually courts want a quick resolution. So the longer you can stretch it out the better deal you'll likely get. But the evidence against him is looking so damning. They are definitely going to make an example out of him. Usually the FBI takes many months if not years to investigate a case. They won't charge anyone unless they're basically sure it's gonna end in a conviction. That's why they have like a 99% conviction rate. Which is so crazy to me. So the quick nature of these indictments clearly shows how much evidence they have and how much trouble he's in. And everyone around him is singing like canaries and cooperating with the authorities. But what did this kid expect to happen?!? Would you trust any of these clowns to keep their mouth shut once those cuffs come on?! Hell No!