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> Madoff was the mastermind of the most notorious Ponzi scheme in history. You can deprive him of his coins, of his company, and even his Bahamas penthouse. Bu
by spaceman_2020 3y ago
> Madoff was the mastermind of the most notorious Ponzi scheme in history.
You can deprive him of his coins, of his company, and even his Bahamas penthouse. But please don't deprive Sam Bankman Fried of the honor of running the most notorious Ponzi scheme in history.
- sokoloff 3y agoMadoff and his scheme is far more notorious, IMO. Ask a random person who Bernie Madoff is and who Sam Bankman Fried is and count the correct responses. I bet Madoff wins by more than a factor of 4.
- spaceman_2020 3y agoLikely because everyone already knew deep down that crypto was(is) a scam. Even in crypto, SBF is mostly forgotten. Small scale crypto scams keep happening and everyone just moves on within days.
- greenyoda 3y agoI think that dubious honor goes to Charles Ponzi, after whom the "Ponzi Scheme" was named. https://en.wikipedia.org/wiki/Charles_Ponzi#Origin_of_the_term_%22Ponzi_scheme%22_and_IRC_scheme https://en.wikipedia.org/wiki/Charles_Ponzi#Origin_of_the_te...