3 ms·
Sbf is on trial. Cz's alleged crimes are much less bad IMO, and no worse than a lot of other white collar crime. Binance mainly only "victimized" more sophisti
by bagacrap 4y ago
Sbf is on trial.
Cz's alleged crimes are much less bad IMO, and no worse than a lot of other white collar crime. Binance mainly only "victimized" more sophisticated players like hedge funds or Americans who knew it was illegal but wanted to trade crypto derivatives anyway.
- jasmer 4y agoAny business that needs to hide it's operations under layers of obfuscation, offshoring, break rules, avoid oversight and literally admits to 'Being About the Crime' is a de facto criminal operation. Or rather 'infrastructure for criminals'. SBF got caught is the difference. It's a scam from top to bottom. I don't care about 'bankers or traders' in the US but I do care that regulations exist for a reason and that the supposedly headline libertarian ideals are mostly a cover for what ends up just being bad stuff. I have no problem with those operating in transparent environments.