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I think MTGox was actually worse just due to the small size of the market then and how much of a joke their security was. FTX just seems like a fleecing job tha
by xeromal 4y ago
I think MTGox was actually worse just due to the small size of the market then and how much of a joke their security was. FTX just seems like a fleecing job that tons of crypto exchanges and businesses have pulled off. MTGox was sheer incompetence.
- zeven7 4y agoI would consider the moral failure of SBF to be worse than the incompetence of Karpeles. Also, SBF was a billionaire hobnobbing with politicians and celebrated by Forbes. Karpeles was some confused dev on his computer who loved his cat and wanted to build a coffee shop. SBF's failure is going to have larger consequences outside the crypto sphere.
- mi_lk 4y agoIs there anything happen to Karpeles for what he did with mtgox?
- richardknop 4y agoHe was in a custody for about a year, he was later sentenced to a suspended year in prison. He still lives in Tokyo, no idea what he does for work now though.
- lupire 4y agoJeffrey Epstein funneled hundreds of million of dollars (and 16-yr-old girls) through politicians and business celebrities, and there were trivial consequences outside his family. SBF just stumbled into money and spread it around, like the Oculus guy.