Anything you say can and will be used against you in a court of law.
He opened with,
"I would like to start by formally stating, under oath: I fucked up."
This dude's lawyers are either fucked in the head or nonexistent.
He opened with,
"I would like to start by formally stating, under oath: I fucked up."
This dude's lawyers are either fucked in the head or nonexistent.
He doesn't consider the bad case scenarios because in his mind, he'll have planned for them. But he is in this scenario. Which is a bad case. That he didn't plan for. That is bad because of his attitude and lack of planning.
He thinks he can somehow fast-talk Congress into thinking he didn't commit a crime.
He's going to go to jail thinking that the jury fucked up by finding him guilty. If they just understood, they'd realize he's better than everyone and deserves to be free and rich and to use your money.
He’s an active drug addict and career criminal. His ramblings about how it was someone else’s fault and he just needs someone to give him a little more money because his plans were sound make just as much sense coming from a white guy with impressive parents as they do coming from anyone else.
I'm basically calling him at best an average guy who believes he is brilliant because he got lucky and who now believes his own press release.
I dunno if we need to go too far into the particulars of his life to explain it. When Popehat was talking about the legal troubles of people in Trump's orbit this came up a lot (and a lot of those people were lawyers!).
This reminds me of an old physicist-lawyer joke:
A physicist goes to see a lawyer. He knows that above all the lawyer is interested in getting his money. So the physicist not wanting to be taken for a sucker walks into the room and fires right away: - Hi, how much do you charge?
The lawyer fires back: - $400 for two questions. What is your second question?
The latter, the first batch quit already: https://futurism.com/the-byte/sam-bankman-fried-lawyers-quit...
Not sure who's representing him now.
Regarding the "I fucked up" line, I'm not sure that is damaging at all (except possibly the tone; who knows how that will play with a jury).
His lawyers may intend to argue that he was merely made mistakes, and therefore had no intent to defraud anyone.