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How much did Jordan Belfort get? Elizabeth Holmes? Mt.Gox guy? 25 years is an exageration to be honest, there was never criminal intent, if anything there wa
by JumpinJack_Cash 3y ago
How much did Jordan Belfort get?
Elizabeth Holmes?
Mt.Gox guy?
25 years is an exageration to be honest, there was never criminal intent, if anything there was too much belief in their creature, less like Madoff and more like the Long Term Capital Management guys. I don't remember them serving a single day in jail.
It goes to show that judges and prosecutors are just trophy hunters for media attention these days, as proven by the 1000s of proceedings against Donald Trump which costed millions of dollars and recovered exactly 0 dollars.
In any event this goes to show that if you are on the spectrum and can't empathize you should RUN at the first sign of things going south. This guy was in the Bahamas too, from there you can reach Cuba with an Inflatable Rib with a 40hp motor, South America too, St. Kitts and Nevis too which doesn't have an extradition treaty and is the place that many real criminals call home.
- stephenitis 3y ago"Never any criminal intent" Sounds like someone didn't follow this case closely enough
- TrackerFF 3y agoHopefully it will scare / prevent others. The crypto space is rife with scams, so it's good to finally see some real sentencing.
- charonn0 3y agoBelfort cooperated with the FBI and got 4 years. Holmes got 11 years. The Mt. Gox guy was prosecuted in Japan.
- unregistereddev 3y agoI don't know if your questions are rhetorical, but they are easy to answer so I looked them up for you. These are only the prison sentences and do not include court-mandated restitution. Jordan Belfort: 4 years (served 22 months) Elizabeth Holmes: 11 years Mt. Gox guy: I do not know which guy you refer to. Two Russian men were indicted for the actual Mt Gox hack. Separately Mark Karpeles was sentenced to 2 1/2 years, suspended sentence, in Japan - but only for record tampering. He was found not guilty of embezzlement. This entire saga seems very very far removed from what SBF did. Bernie Madoff: 150 years