AllHere CEO could be imprisoned for 40 years | Hacker News Reader

AllHere CEO could be imprisoned for 40 years

finance.yahoo.com

32 pointsnigelgutzmann31 comments

The 'Black' part of this article's title seems a little weird

As does the focus on her wedding. Yeah she defrauded investors for millions and spent the money. She isn't going to jail over the specifics of her spending, but the first part.

Yeah, the whole focus of this "reporting" is bizarrely twisted.

Also, based on the charges named in the article, the 40 years doesn't really make much sense, so even that is probably just based on adding up the max allowed sentence for each charge and multiplying by the number of counts.

The specifics of the spending do matter. If she had spent the money within the company context, even on things that are personally lavish (eg private jet), it would have been harder to make the case for outright criminal fraud.

It's written by The Root, which is a race-focused publication.

Which also makes about as much sense to me as a height-focused publication.

That might also have uses.

https://tall.life/

On the other hand, whenever a Black person is successful, it's okay to mention that in the headline.

Of course it is, I’m all for giving leeway to a group that’s not doing as well as the others.

> a group that’s not doing as well as the others

That's a really weird way to describe systemic racism.

> On the other hand, whenever a Black person is successful, it's okay to mention that in the headline.

But I agree it's a bit off. For example it's OK for the NYT to mention that SBF is a genius and that he's an effective altruist in headlines as long as his ponzi is not exposed, but as soon as it's exposed, suddenly no mention of "effective altruism" (despite several people from that movement personally and illegally benefiting from "donations" from SBF [1]) nor any mention of "genius" anymore.

We're kind of used to headlines working that way.

[1] even years and maybe even decades later there's hope some of these funds shall be clawed back from these people though (people who suddenly now have a very low profile)

Effective altruism is called "taxation" in my country. It's been an ongoing success for a 1000 years.

Taxes are used for building roads, not curing malaria. It's so odd how angry people get when someone tries to help others.

Oh boy, do I have news for you about how malaria was eradicated in Europe https://pmc.ncbi.nlm.nih.gov/articles/PMC8277918/

Without clicking your link, I'm guessing it was either a friendship program of the chinese government (one of the more altruistic governments, even among governments), or possibly a UN program (the UN is sometimes called the "united altruists") which simultaneously eradicated it worldwide. Was I close?

The federal government was instrumental in eradicating malaria from the United States: https://en.m.wikipedia.org/wiki/National_Malaria_Eradication...

How very altruistic, eradicating malaria in one's own country. With that headstart, surely they must have finished curing it worldwide by now.

> It's so odd how angry people get when someone tries to help others.

That's an odd description, given that the anger is because "effective altruism" is seen as neither effective at helping others nor honest about altruistic motives.

Despite manifold evidence that they are. See the sbf case. They get implicated for being recipients of donations from a fraudster. That's not a serious demonstration that they aren't altruistic and don't care about helping others.

I agree: I don’t see how it’s relevant to what she did, what happened subsequently, or her current situation.

If this were reported in the UK I doubt her skin colour would have been mentioned at all due to its irrelevance.

>educational friend designed to help students reach their limitless potential

Limitless is BS, it’s better to know your limits.

Limits are fuzzy and situational things though, so whatever you think you know is likely to be either incorrect or self-fufilling.

Limits aren't just situational, some are physical.

Give me a lever long enough…

If you want to know more and from a better source, here's the press release on justice.gov: https://www.justice.gov/usao-sdny/pr/ceo-artificial-intellig...

Another Forbes 30 under 30 lol.... At this rate, Forbes itself should be a massive red flag signal for investors.

maybe she thought it wasn't a big deal, seeng as she had been handed millions for lying about a useless chatbot. I am more concerned by the people who gave her funding.

Who are these investors. Need to find myself a few dumb investors. Were these Sequoia?

They are everywhere, looking for a quick buck, literally.

She should have issued a crypto currency instead. Funds from crypto can be used for anything.

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