# Sam Bankman convicted 2023-11-02 (was living with parents, then jail). Is BTC and cryptocurrency busted too?

**URL:** <https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019>\
**Category:** In My Humble Opinion\
**Created:** [December 23, 2022, 8:10pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019 "2022-12-23T20:10:03Z")\
**Posts on this page:** 20\
**Page:** 22

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**Author:** ![zimaane](https://avatars.discourse-cdn.com/v4/letter/z/a3d4f5/32.png) [@zimaane](https://boards.straightdope.com/u/zimaane)\
**Post date:** [September 24, 2024, 9:50pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/421 "2024-09-24T21:50:09Z")

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ICYMI

Caroline Ellison, former girlfriend of SBF who testified against him, given two year sentence and agrees to forfeit $11 **billion**

[Caroline Ellison, ex-girlfriend of FTX founder, sentenced to 24 months for fraud and ordered to forfeit $11 billion (msn.com)](https://www.msn.com/en-us/news/crime/caroline-ellison-ex-girlfriend-of-ftx-founder-sentenced-to-24-months-for-fraud-and-ordered-to-forfeit-11-billion/ar-AA1r8JHq?ocid=BingNewsSerp)

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**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\
**Post date:** [September 24, 2024, 9:53pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/422 "2024-09-24T21:53:28Z")

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BTW, the New York Times [reports](https://www.nytimes.com/2024/09/24/arts/music/sean-combs-sam-bankman-fried-jail.html) that one of Sam Bankman-Fried’s cellmates is Sean Combs, in a dormitory-style shared room.

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**Author:** ![beowulff](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/beowulff/32/542_2.png) [@beowulff](https://boards.straightdope.com/u/beowulff)\
**Post date:** [September 24, 2024, 9:54pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/423 "2024-09-24T21:54:41Z")

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I read that article, and nowhere does it say how she ended up with $11,000,000,000.00

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**Author:** ![Pleonast](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pleonast/32/1183_2.png) [@Pleonast](https://boards.straightdope.com/u/Pleonast)\
**Post date:** [September 24, 2024, 9:55pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/424 "2024-09-24T21:55:48Z")

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> [@Dewey\_Finn](#):
>
> the New York Times [reports](https://www.nytimes.com/2024/09/24/arts/music/sean-combs-sam-bankman-fried-jail.html) that one of Sam Bankman-Fried’s cellmates is Sean Combs, in a dormitory-style shared room.

If Saturday Night Live doesn’t do a skit about this, someone needs to lose their job.

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**Author:** ![zimaane](https://avatars.discourse-cdn.com/v4/letter/z/a3d4f5/32.png) [@zimaane](https://boards.straightdope.com/u/zimaane)\
**Post date:** [September 24, 2024, 10:14pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/425 "2024-09-24T22:14:37Z")

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Another article I read, but can’t find now, said that she had invested some of the FTX money in an AI startup that has grown considerably in value.

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**Author:** ![Czarcasm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/czarcasm/32/4050_2.png) [@Czarcasm](https://boards.straightdope.com/u/Czarcasm)\
**Post date:** [September 24, 2024, 11:01pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/426 "2024-09-24T23:01:19Z")

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She found it in a jacket pocket while doing his laundry.

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**Author:** ![PastTense](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pasttense/32/14550_2.png) [@PastTense](https://boards.straightdope.com/u/PastTense)\
**Post date:** [March 9, 2025, 12:30am UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/427 "2025-03-09T00:30:04Z")

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[Crypto grifter Sam Bankman-Fried swoons over GOP as he lobbies for prison pardon from Trump](https://www.msn.com/en-au/news/other/crypto-grifter-sam-bankman-fried-lands-in-solitary-after-he-praises-gop-in-ploy-for-trump-pardon-report/ar-AA1Auqig)

But I was sure he made big contributions to Democrats.

[Sam Bankman-Fried’s jailhouse chat with Tucker Carlson lands him in solitary confinement](https://www.msn.com/en-in/news/world/sam-bankman-frieds-jailhouse-chat-with-tucker-carlson-lands-him-in-solitary-confinement/ar-AA1Auf7F)

Punishment just for a little chat with Tucker?

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**Author:** ![Jackmannii](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jackmannii/32/311_2.png) [@Jackmannii](https://boards.straightdope.com/u/Jackmannii)\
**Post date:** [March 9, 2025, 1:19am UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/428 "2025-03-09T01:19:53Z")

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He should’ve gotten approval for a story in _People_, like Elizabeth Holmes.

Though Sam is probably not as cover-worthy.

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**Author:** ![ASL\_v2.0](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/asl_v2.0/32/3525_2.png) [@ASL\_v2.0](https://boards.straightdope.com/u/ASL_v2.0)\
**Post date:** [March 16, 2025, 1:04am UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/429 "2025-03-16T01:04:22Z")

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> [@PastTense](#):
>
> Punishment just for a little chat with Tucker?

A chat with TC is a punishment of its own.

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**Author:** ![Tired\_and\_Cranky](https://avatars.discourse-cdn.com/v4/letter/t/a87d85/32.png) [@Tired\_and\_Cranky](https://boards.straightdope.com/u/Tired_and_Cranky)\
**Post date:** [March 17, 2025, 1:52pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/430 "2025-03-17T13:52:46Z")

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You can’t just have your own secret cell phone in jail or prison. Sure, SBF was only chatting with Tucker Carlson but the guy in the next cell could be downloading kiddie porn, running his gun-running empire remotely, or planning his helicopter prison escape. The same rules and punishments should apply to all.

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**Author:** ![RickJay](https://avatars.discourse-cdn.com/v4/letter/r/bb73d2/32.png) [@RickJay](https://boards.straightdope.com/u/RickJay)\
**Post date:** [March 17, 2025, 2:52pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/431 "2025-03-17T14:52:40Z")

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Given how long his sentence runs, the man really needs to be trying to maximize his “good behaviour” cred, because it can literally mean YEARS of additional prison time if he keeps breaking rules.

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**Author:** ![puzzlegal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/puzzlegal/32/3827_2.png) [@puzzlegal](https://boards.straightdope.com/u/puzzlegal)\
**Post date:** [March 17, 2025, 2:58pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/432 "2025-03-17T14:58:44Z")

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I wonder how he even managed it logistically.

I assume he took the call on the gamble that it would increase his odds of getting a pardon, and not just for shits and giggles, though.

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**Author:** ![Maserschmidt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/maserschmidt/32/18829_2.png) [@Maserschmidt](https://boards.straightdope.com/u/Maserschmidt)\
**Post date:** [March 17, 2025, 4:08pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/433 "2025-03-17T16:08:28Z")

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First, he created a hashing function to encode his message in an Excel file…

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**Author:** ![Shalmanese](https://avatars.discourse-cdn.com/v4/letter/s/45deac/32.png) [@Shalmanese](https://boards.straightdope.com/u/Shalmanese)\
**Post date:** [March 17, 2025, 5:42pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/434 "2025-03-17T17:42:28Z")

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> [@puzzlegal](#):
>
> I wonder how he even managed it logistically.
> 
> I assume he took the call on the gamble that it would increase his odds of getting a pardon, and not just for shits and giggles, though.

He didn’t smuggle anything in, he pretended to be on a video call with his lawyer (which the prison is constitutionally prohibited to listen in on) and someone on the other end forwarded the video stream to TC.

> **[Sam Bankman-Fried is behind bars serving a 25-year sentence. So how is he...](https://fortune.com/crypto/2025/03/12/sam-bankman-fried-ftx-prison-tucker-carlson-bop-sanctions/)**
>
> The former FTX CEO spoke with Tucker Carlson from prison in early March.

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**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\
**Post date:** [March 17, 2025, 5:47pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/435 "2025-03-17T17:47:10Z")

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Dude needs to learn that he’s not anywhere close to as clever as he imagines.

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**Author:** ![RickJay](https://avatars.discourse-cdn.com/v4/letter/r/bb73d2/32.png) [@RickJay](https://boards.straightdope.com/u/RickJay)\
**Post date:** [March 17, 2025, 5:48pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/436 "2025-03-17T17:48:38Z")

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The Lewis book strongly indicated he’s very clever when it comes to math and problem solving, and hilariously stupid with regards to anything else. He seemed unwilling to _learn_ anything.

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**Author:** ![Great\_Antibob](https://avatars.discourse-cdn.com/v4/letter/g/e47c2d/32.png) [@Great\_Antibob](https://boards.straightdope.com/u/Great_Antibob)\
**Post date:** [March 17, 2025, 5:50pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/437 "2025-03-17T17:50:03Z")

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So, almost a perfect example of Dunning-Kruger

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<div class="post-metadata">

**Author:** ![Shalmanese](https://avatars.discourse-cdn.com/v4/letter/s/45deac/32.png) [@Shalmanese](https://boards.straightdope.com/u/Shalmanese)\
**Post date:** [March 17, 2025, 6:02pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/438 "2025-03-17T18:02:25Z")

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> [@hajario](#):
>
> Dude needs to learn that he’s not anywhere close to as clever as he imagines.

I mean, if the TC interview scores him a Trump pardon, then it doesn’t matter what punishments the prison is handing out, it’ll all have been worth it. We know that’s what he’s planning because he literally laid it all out in leaked documents before he was arrested that one of his contingency plans was to come out as Republican on TC in order to wrangle a pardon.

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**Author:** ![puzzlegal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/puzzlegal/32/3827_2.png) [@puzzlegal](https://boards.straightdope.com/u/puzzlegal)\
**Post date:** [March 17, 2025, 6:31pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/439 "2025-03-17T18:31:04Z")

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Yeah, i have zero clue what the odds of a pardon are, but if this might have increased them, it was probably worth it.

And also, that was a huge violation, and I’m not surprised it earned him a stint in solitary.

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**Author:** ![gnoitall](https://avatars.discourse-cdn.com/v4/letter/g/bb73d2/32.png) [@gnoitall](https://boards.straightdope.com/u/gnoitall)\
**Post date:** [March 17, 2025, 6:34pm UTC](https://boards.straightdope.com/t/sam-bankman-convicted-2023-11-02-was-living-with-parents-then-jail-is-btc-and-cryptocurrency-busted-too/977019/440 "2025-03-17T18:34:03Z")

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I don’t see how, if anyone reminds Trump that SB-F was the #2 individual contributor to Joe Biden’s successful presidential campaign.

> **[Cryptocurrency CEO Donated Second-Largest Amount to Joe Biden's Campaign](https://www.coindesk.com/markets/2020/11/05/cryptocurrency-ceo-donated-second-largest-amount-to-joe-bidens-campaign)**
>
> Sam Bankman-Fried, the CEO of cryptocurrency derivatives platform FTX, made the second-largest donation to Joe Biden's presidential campaign.

Trump may be able to forgive many things 🤣, but that’s probably not one.

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