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Most of the funds lost to SBF were recovered. And CPZ has a pardon. Crypto has evaporated about $2 trillion in assets since then.

• kyruzic 11mo ago
  The funds in USD were recovered because bitcoins value is 5x higher than it was when he got arrested.
  • 7thpower 11mo ago
    And a set of fundamentally sound investments, including Anthropic iirc.
    • overfeed 11mo ago
      This is painting a target around the arrow. AFAIK, they had so much money to throw around for a spray and pray, similar to VC firms
      • 7thpower 11mo ago
        No it’s not. This is not a moral argument. They made many investments that ended up having a positive ROI. Anthropic was one of them.
• hiddencost 11mo ago
  I don't understand why you think it's OK to flagrantly violate financial laws for consumer protection, just because the bet got lucky?