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14 months in jail in exchange for 70 million

• bestnameever 7y ago
  IIRC, 6000 bitcoin would have been worth less than a million dollars when this occurred.
• frabrun 7y ago
  Not really. Wall Street and its captured regulatory body, the SEC want to kill the viability of Bitcoin as an alternative to their dollar for everyday purchases and widespread adoption. Part of that means throwing the book at everyone who runs a legitimate Bitcoin bussness. People in the politically connected traditional banking industry do much worse than this guy on a daily basis and are never charged with a crime.
  • throwaway77384 7y ago
    Not sure why this guy is getting downvoted. The things you can get away with as part of the established power structures in society is incredible.
    • frabrun 7y ago
      Hackernews hates Bitcoin and loves Wall Street. Complaining about Goldman Saches is literally a bannable offence. There was a whole thread about it last week. It's probably from ycombinator's dependence on Wall Street for VC money and the general trusting attitude of nerds towards authority figures.