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comment by kleinbl00
kleinbl00  ·  9 days ago  ·  link  ·    ·  parent  ·  post: Sam Bankman-Fried tries to explain himself

The US has extradition with the Bahamas.

There were rumors he tried to leg it to Dubai, which does not. But as it is, he - and, in my opinion, everyone who lived in the penthouse - are in a great deal of legal jeopardy.

I don't think he has any to give back, frankly. What he had was a bunch of loans of other peoples' money that he spent on risky bets that didn't pay off. Money's gone, yo. That invites a whole 'nuther level of investigation because if you find it you can make people whole but if you can't? You need to do a whole bunch of pomp and circumstance about how it ain't never comin' back.

The average account balance on FTX was $600k. That's the size balance that gets looked after for a while.