I read the statement and all it says is that the hearing seems to be cancelled, which is explained both by my hearing-driven model and Jason’s fraud driven model? I was arguing that the timing of the arrest has a causal relationship with the hearing, and therefore it isn’t a good indicator for flight risk. He was arrested literally the day before the hearing.
Congressional hearings are costly to cancel if they are scheduled in advance with this much public attention. I stand by my hypothesis that the arrest happened when it did due to the date of the hearing and the fact that SBF would have had a large public platform, and that made him a liability to a wide variety of influential people.
I read the statement and all it says is that the hearing seems to be cancelled, which is explained both by my hearing-driven model and Jason’s fraud driven model? I was arguing that the timing of the arrest has a causal relationship with the hearing, and therefore it isn’t a good indicator for flight risk. He was arrested literally the day before the hearing.
Congressional hearings are costly to cancel if they are scheduled in advance with this much public attention. I stand by my hypothesis that the arrest happened when it did due to the date of the hearing and the fact that SBF would have had a large public platform, and that made him a liability to a wide variety of influential people.