this post was submitted on 20 Dec 2023
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No Stupid Questions

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I was wondering why SBF seemingly behaved like an innocent man. Giving interviews, talking to podcasters, remaining at his residence.

Why didn't he make a run for it?

If he did take all those billions as was claimed, why didn't he move to a country that doesn't extradite or just move off the grid for a couple years?

Was he burnt out? complacent? drugs?

Or did he never have that money in the first place?

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[–] psmgx@lemmy.world 101 points 2 years ago (2 children)

Everyone had been telling him he was the smartest guy in the room, and he thought he was. Plus BTC and crypto are still kinda in shaky legal status, and he'd made a lot of donations to politicians.

Crypto ain't cash, they can unravel the block chain and figure out the transactions. He can't just disappear with a few mil and not be followed.

[–] AnarchistsForDemocracy@lemmy.world 14 points 2 years ago (2 children)

If he can't just disappear with a few mil and not be followed, then how smart can he be?

[–] rockSlayer@lemmy.world 37 points 2 years ago (1 children)

SBF was arrogant as fuck, and a bunch of rich people mistook it as eccentric genius so they started praising him as a genius. He did some very stupid things and he definitely isn't a genius, but isn't an idiot either. He's smart enough to know when he's got.

So he may have been just narcissistic and deluded himself his shit does't stink.

[–] theKalash@feddit.ch 24 points 2 years ago (20 children)

No, everyone had been telling him he was the smartest guy in the room. He clearly wasn't.

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[–] BrikoX@lemmy.zip 69 points 2 years ago (1 children)

He believed he was untouchable due to his political contributions to both sides, but he underestimated the reach some of his investors that he stole from had themselves.

[–] AnarchistsForDemocracy@lemmy.world 7 points 2 years ago (1 children)

I see, basically he was delusional...maybe it was the drugs after all...

[–] gregorum@lemm.ee 17 points 2 years ago* (last edited 2 years ago)

Nope. Narcissism and Self delusion. The most powerful drug of all.

[–] TranscendentalEmpire@lemm.ee 37 points 2 years ago (13 children)

You're buying into the story he spent years developing. SBF is a conman from a highly influential family, who used his familial connections to run what essentially was a ponzi scheme. He wasn't a particularly gifted individual, he was just manipulative and had a lot of connections in high places.

He didn't flee because he didn't think he was ever going to prison, and tbh I'm kinda surprised that was the eventual outcome. If it had been any other exchange besides crypto, he probably would have gotten away with it.

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[–] vexikron@lemmy.zip 24 points 2 years ago

He did flee, albeit not to country that doesnt extradite to the US. He tried to hide in his techbro trooical get away in the Bahamas.

[–] CurlyWurlies4All@slrpnk.net 20 points 2 years ago (3 children)

My guess. Dud was just totally disconnected from reality. He isn't that smart and didn't understand how badly he'd fucked up.

[–] petersr@lemmy.world 5 points 2 years ago (3 children)

Read "Going Infinite" which describes the rise and tall of FTX and SBF. "isn't smart" is not true, but he is definitely not "human smart", but rather "math smart".

[–] 5in1k@lemm.ee 11 points 2 years ago (2 children)

The book tha Michael Lewis wrote and is now being heavily criticized for because he is so far off the mark and totally takes this twerp’s dick all the way down his throat and lets him finish?

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[–] CurlyWurlies4All@slrpnk.net 2 points 2 years ago

I really have no interest in Michael Lewis. He only writes about people he likes and usually fails to analyse their actions critically.

[–] daed@lemmy.world 2 points 2 years ago

We all would do well to recognize different types of intelligence.

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[–] YeetPics@mander.xyz 20 points 2 years ago* (last edited 2 years ago) (1 children)

Why didn't he flee? To make gullible folks think he may be innocent because he is acting innocent. He stole billions of dollars from rubes, now he's on to stealing empathy from humans.

[–] AnarchistsForDemocracy@lemmy.world 8 points 2 years ago (4 children)

To make gullible folks think he may be innocent

lol worked on me 😂 😭 😅

[–] YeetPics@mander.xyz 3 points 2 years ago

Yo free mah boi SBF, he's innocent af

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[–] KingThrillgore@lemmy.ml 18 points 2 years ago* (last edited 2 years ago)

His extradition options are, to my immediate knowledge:

  • Russia
  • United Arab Emirates

I am certain if he went to either, he'd get killed probably by someone holding the bag on his debt. At a rate quicker than a federal prison.

[–] EnderMB@lemmy.world 9 points 2 years ago

A lot of people in his position of power truly believe their own hype. I no doubt believe he thought that they would never convict him, that he'd be too intelligent for them to catch, and that he'd be able to buy his way out with his powerful connections.

[–] _dev_null@lemmy.zxcvn.xyz 8 points 2 years ago

Because he's a narcissist that thought he could talk his way out anything. He obviously thought wrong, but I'm willing to bet he still thinks it's everyone else that's wrong.

[–] 5in1k@lemm.ee 6 points 2 years ago (1 children)

Because he’s a lazy fuck with severe adhd and he’s a fucking idiot.

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[–] nutsack@lemmy.world 5 points 2 years ago* (last edited 2 years ago) (1 children)

it's the hair. just look at it.

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On top of the many other reasons here, there's also a pretty distinct difference between countries without a US extradition treaty and countries that won't extradite to the US. Many countries without formal treaties will still happily hand over a US citizen trying to hide in their country. It might be a different story if he had dual citizenship somewhere but anywhere he tried to flee he'd be immigrating illegally.

[–] Mubelotix@jlai.lu 3 points 2 years ago (1 children)
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[–] HeyThisIsntTheYMCA@lemmy.world 3 points 2 years ago

Justice rarely finds the wealthy for long. He was probably counting on his money for protection.

[–] 5in1k@lemm.ee 2 points 2 years ago (1 children)

Because he’s a lazy fuck with severe adhd and he’s a fucking idiot.

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