He could face decades in prison.

Finally some actual good news for a change, let me break out the bubbles! 🍾🥂

@waz@lemmy.world
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61Y

While reading your comment I somehow managed to overlook the emojis initially and I just pictured you running outside with a bubble wand and a container of soapy water to celebrate.

Don’t steal from the rich

“Originally placed under house arrest, he was sent to jail in August for violations of his bail conditions, including using a VPN to watch a football game and leaking the diary entries of his ex-girlfriend”

Ok I get the diary, that’s shitty…but using a VPN to watch football? That’s a normal Saturday afternoon.

…to the surprise of absolutely no one.

Every news about this guy always has the same title, for almost a year

@jeffw@lemmy.world
creator
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51Y

This is the first time he’s ever been convicted of a crime, not sure what you mean?

I would simply have not given real money to some company in the Bahamas in exchange for a token and a promise the token would be good for more money later. But I’m street smart like that.

@ours@lemmy.world
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101Y

They didn’t make their own crypto coin.

I remember finding them in a list where they offered something like 8% interest if you deposited your bitcoins with them which was still fishy as hell. It looked like a sweet deal but I wondered how they managed to do that sustainably. I guess the answer was “they didn’t”.

@Raiderkev@lemmy.world
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221Y

I think you’re thinking about Celsius. SBF absolutely had his own coin, and it is tantamount to the whole FTX collapse. Their competitor owned a shit load of it, it was called FTT iirc. He then just decided to tweet out that they were selling all their FTT, and then everyone started selling FTT which started a run on the token.

The company also pumped FTT and other tokens value through their hedge fund Alameda research. The man deserves every last day of sentencing.

@ours@lemmy.world
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61Y

I think you’re right. I must be mixing up all these crypto-based scams.

@Raiderkev@lemmy.world
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21Y

It’s almost like crypto itself is one giant Ponzi scheme?! Forget I said that. It’s tHe FutUrE

@Raiderkev@lemmy.world
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21Y

Also, be glad you didn’t put money in Celsius. I have a friend that did for the interest that they were offering. It worked… Til it didn’t. He lost $50k.

@Devouring@lemmy.world
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101Y

Not your keys, not your coins

Not your keys, not your coins

That is what happens when you steal from the rich.

Should have stolen from poor people and gotten involved with the big banks instead of going against them. Be a free man with a golden parachute today if he had.

@flop_leash_973@lemmy.world
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7
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1Y

It really is a mind fuck that I could walk out into the middle of the street in broad daylight in full view of 100 people, shoot someone in the head at point blank range, killing them and still end up with less time than this guy will most likely get so long as the person I murdered wasn’t well to do financially.

Do you really believe that the typical murderer serves less time than the typical securities fraudster?

@isles@lemmy.world
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21Y

A lot of people are using the cheat code of being a cop and then doing 0 time.

@nutsack@lemmy.world
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41Y

removed by mod

No shit

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