The recently concluded S.B.F. apology tour was so spectacularly ill-advised, both from a legal and public relations perspective, that I’ve been at a loss to comprehend it, let alone explain it. Until yesterday. That’s when I read the 14-page indictment, courtesy of the Southern District of New York, which accused S.B.F. of eight crimes, ranging from several different varieties of wire fraud to several different varieties of conspiracy. On the last page of the indictment came the answer for which I’ve been searching: It was nothing more complicated than a hand-written date, December 9, 2022, four days earlier, and the words “Filed Sealed Indictment—Arrest Warrant issued.”