5 ms·
Probably would have made his crimes less visible, but not less criminal.
by bambax 1y ago
Probably would have made his crimes less visible, but not less criminal.
- toomuchtodo 1y agoLike Martin Shkreli, who made his investors whole with his gambling, but still went to jail.
- hnav 1y agoHe went to jail because his autism wouldn't allow him to be duplicitous like a CEO doing evil things has to be and he attracted too much negative attention.
- toomuchtodo 1y agoAlso true.
- brandall10 1y agoLet's not pretend there aren't multitudes out there doing similar things who never get caught. SBF was just more egregious and untimely w/ his actions.
- loeg 1y agoThere are not.
- deleted 1y ago[deleted]
- deleted 1y ago[deleted]
- mrtesthah 1y agoIf you know of other SBFs, please name them so that we can call for their investigation and prosecution.
- llamasushi 1y agoOne doesn't need to go more than 2 feet into the mire of meme coins before finding the detritus of 6000000 rug pulls. Just that these guys never get prosecuted.
- HaZeust 1y agoYeah, but they're not playing with institutional money. They're not messing with people that have world-leaders on speed dial. Crypto gets away with what it does because when you enter an explicitly laissez-faire side of life, expect people to act laissez-faire. The rest is fraud/laundering/illicit activity tracking, which is why KYC requirements were passed right on schedule.
- fuckaj 1y ago[dead]
- bpodgursky 1y agoYes but investors being whole and profitable would almost certainly have not resulted in jail time. He probably would have even had enough unquestionably personal returns to pay back any misappropriated funds in a negotiated settlement, if they even come to light at all.