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Comment by HWR_14 | Hacker News Reader

He was based in the Bahamas for their lax securities regulations. He didn't run there when things went bad, he was living in a penthouse there.

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also he is presumably not a citizen.

I do wonder how much money has gone to local/state officials pockets. From SBFs previous billions

I think the promise of future bribes buys you favors. Past bribes, and the inability to pay future bribes, won't get you very far.

Well he did coincidentally go to the Bahamas and went MIA on social media right before things started to collapse. I would call that running.

He's still giving interviews on Twitter to Vox journalists and somehow to NYT journalists. The Bahamas are both his full time residence and as of last year his listed permanent residence.

A minor detail in the scheme of decabillions of, at best, mismanagement.

*He and his polycule harem of mostly men and Caroline Ellison, someone with zero finance knowledge yet somehow running a multibillion dollar hedge fund

There is no evidence it was a polycule and if it was the fact that they are mostly men would only be brought up for homophobic reasons. He and Caroline Ellison were apparently involved. I have no idea why any of that really matters.

You're right the wording in my original post was terrible, I apologize and can see that it could appear offensive as written. It doesn't matter and isn't relevant to the core facts that he clearly stole and misappropriated billions of dollars from his company's depositors and engaged in fraud, wire fraud, misuse of funds, self-dealing, and other criminal activities that were explicitly for the purpose of enriching himself.

In my opinion, I do want to say that given the more provocative elements of the story, I get a sense that it seems to point to a larger-than-life lifestyle involving people working together and engaging in activities that mixed drugs, sex, and huge amounts of money - not to mention the "conspiratorial" elite connections to political figures and academics that are connected via SBF and Caroline Ellis. Given that so many people were impacted by what are crimes, as can be seen by how ferociously the twitter sphere is picking at all parts of the story - it appears that everything is under judgement, frankly.

>by what are crimes, as can be seen by how ferociously the twitter sphere is picking at all parts of the story

Making Twitter angry is illegal now?

Their in-house psychiatrist to write them all scrips said that the amount of drugs and hooking up was way overstated. Maybe? Maybe it's the dealer saying there are no drugs? I have no idea.

"Rich 20-somethings like drugs and sex on tropical beaches" is a pretty uninteresting story to me. "Rich 20-somethings do so much adderall that they code backdoors instead of having sex whith tropical beaches are outside" is at least more interesting to read about.

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