>There is a good chance SBF will be released on bail so he does not have to spend time in detention in NYC. The charges against him are all nonviolent crimes
I don’t agree with this theory, as I think it’s rather likely SBF will be viewed as a flight risk.
• His heavy involvement in the cryptocurrency space makes it likely he has significant moveable digital cash reserves that cannot be easily seized and which would greatly aid an escape.
• He has shown himself to be extremely mobile and was seemingly already attempting to get some distance from the USA, given that he was arrested in the Bahamas
• The gravity of sentences charges he’s potentially facing are vast, and he has many incentives to flee prosecution if it means potentially dodging spending 10-20++ years in jail
I therefore think it’s very unlikely he gets bail.
I don’t agree with this theory, as I think it’s rather likely SBF will be viewed as a flight risk.
• His heavy involvement in the cryptocurrency space makes it likely he has significant moveable digital cash reserves that cannot be easily seized and which would greatly aid an escape.
• He has shown himself to be extremely mobile and was seemingly already attempting to get some distance from the USA, given that he was arrested in the Bahamas
• The gravity of sentences charges he’s potentially facing are vast, and he has many incentives to flee prosecution if it means potentially dodging spending 10-20++ years in jail
I therefore think it’s very unlikely he gets bail.