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What a Queen. Massively connected and after destroying the life of thousands of working class chumps she gets to walk free after getting her wrist slap.

apengwin 4y ago
Go cardinal!
dehrmann 4y ago
> destroying the life of thousands of working class chumps I have little sympathy for anyone who got burnt by playing in the crypto space.
rocket_surgeron 4y ago
It is difficult to feel sorry for the chumps. If someone came up to me and said they were selling magic beans that would grow a vine up to the moon where riches await, I would politely decline. It doesn't matter if the seller substitutes the word "crypto" for "beans". What's even better are the "pros". In their pitch deck, only shown to whales, they promised "High Returns With No Risk". https://pbs.twimg.com/media/FhUdRVMXgAATCGU?format=jpg&name=large https://pbs.twimg.com/media/FhUdRVMXgAATCGU?format=jpg&name=... Anyone who looks at a slide or printout with "high returns" and "no risk" on the same page and who doesn't immediately come to the conclusion that they're being scammed deserves every penny of loss they suffer. Here I sit with "enough" (more than billions of others on Earth, really) watching a clawing mass of rabid others, each possessing way more than "enough" already, frantically scrambling for their spot at the trough so they can go to the moon and get a yacht or some stupid shit like that-- laughing.
- Zpalmtree 4y ago
  you could have been just holding usdc on FTX, and got fucked. Of course, not your keys, not your crypto always applies, but it's easier to feel sorry for folks like this.
  - reducesuffering 4y ago
    > usdc on FTX This is not money, not on a bank with FDIC, and not on a brokerage with SIPC. If you don't think so, I've got some usdb on realmoneyexchange.com to sell you.
verbify 4y ago
> she gets to walk free That still remains to be seen.
- skippyboxedhero 4y ago
  It doesn't. All these cases are hard to prosecute (or so prosecutors think) because it is often hard to prove intent. So prosecutors have to be aggressive in getting people to flip (and in the media, and building patterns of prosecutions for a novel offence) which often leads to wildly inconsistent sentencing. I don't think I have seen a group of offences in this area where the sentencing seemed right across the board. It often makes no sense at all (even the decision of who to prosecute seems wrong, there was a case in the UK where a witness to an insider trading case was literally in court, giving evidence and admitted to crimes...nothing happened...he also walked from any prosecution in that case despite him netting tens of millions from insider trading).

apengwin 4y ago

Go cardinal!

dehrmann 4y ago

> destroying the life of thousands of working class chumps I have little sympathy for anyone who got burnt by playing in the crypto space.

rocket_surgeron 4y ago

It is difficult to feel sorry for the chumps. If someone came up to me and said they were selling magic beans that would grow a vine up to the moon where riches await, I would politely decline. It doesn't matter if the seller substitutes the word "crypto" for "beans". What's even better are the "pros". In their pitch deck, only shown to whales, they promised "High Returns With No Risk". https://pbs.twimg.com/media/FhUdRVMXgAATCGU?format=jpg&name=large https://pbs.twimg.com/media/FhUdRVMXgAATCGU?format=jpg&name=... Anyone who looks at a slide or printout with "high returns" and "no risk" on the same page and who doesn't immediately come to the conclusion that they're being scammed deserves every penny of loss they suffer. Here I sit with "enough" (more than billions of others on Earth, really) watching a clawing mass of rabid others, each possessing way more than "enough" already, frantically scrambling for their spot at the trough so they can go to the moon and get a yacht or some stupid shit like that-- laughing.

Zpalmtree 4y ago
you could have been just holding usdc on FTX, and got fucked. Of course, not your keys, not your crypto always applies, but it's easier to feel sorry for folks like this.
- reducesuffering 4y ago
  > usdc on FTX This is not money, not on a bank with FDIC, and not on a brokerage with SIPC. If you don't think so, I've got some usdb on realmoneyexchange.com to sell you.

verbify 4y ago

> she gets to walk free That still remains to be seen.

skippyboxedhero 4y ago
It doesn't. All these cases are hard to prosecute (or so prosecutors think) because it is often hard to prove intent. So prosecutors have to be aggressive in getting people to flip (and in the media, and building patterns of prosecutions for a novel offence) which often leads to wildly inconsistent sentencing. I don't think I have seen a group of offences in this area where the sentencing seemed right across the board. It often makes no sense at all (even the decision of who to prosecute seems wrong, there was a case in the UK where a witness to an insider trading case was literally in court, giving evidence and admitted to crimes...nothing happened...he also walked from any prosecution in that case despite him netting tens of millions from insider trading).