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My favourite silly conspiracy theory was that SBF was not playing the game but just using the in game chat function when in the meetings to communicate with advisors and consultants. "What should I say now, they said I need to produce a turn sheet? What's that?"

Part of the theory goes that the chat is kind of untraceable and not logged (and not stuff that LEO could find). It's a reasonably common trope found in modern spy shows.

When 5-D chess turns into 1-D checkers against one self...

Funnily enough, in September some guy got caught doing exactly that:

“‘There’s no tracing Xbox 360 chat,’ claimed guy now charged with insider trading” - the verge

This resembling that scene from The Social Network in which Zuckerberg rolls in to a meeting (with Sequoia) late, in pajamas, and tells the VCs to get bent is pretty ironic.

https://m.youtube.com/watch?v=jynTRc8vcIA

I imagine they thought they were witnessing a moment of myth-making, like seeing a certain social media iconoclast blowing away the VC stiffs in 2004 by walking in wearing a hoodie.