• @RedditWanderer
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    582 months ago

    Billionaire only went to prison because he fucked with billionaires. If this had only affected the lower/middle class, he would have gotten off with a slap on the wrist.

    He won’t serve 25 either, maybe 5 at most.

    • It's A Faaaahhkeah!
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      32 months ago

      They’ll send him to one of those privately funded prisons that will all of a sudden get a large mysterious investment.

    • AtHeartEngineer
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      2 months ago

      It’s federal, so 50% minimum. Also I think he pissed a lot of people off, I think he’s going to be in there a while

    • MacN'Cheezus
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      02 months ago

      Nah, it wasn’t just billionaires he fucked over, not even primarily. Some of his customers probably were in the multimillionaire category, but the vast majority were average folks just trying to build a nest egg.

      Not many billionaires even bothered with crypto, they tend to be much more conservative with their investments. Mark Cuban was the only one I know of who had money in it, and it amounted only a few millions, which is literal chickenshit for someone like him.

  • @db2
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    202 months ago

    He’s not there because of Bitcoin. Your meme is dumb.

    • @[email protected]
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      52 months ago

      Right? Its like saying Jeffrey Skilling went to jail because of stocks. Bitcoin is just a system doing what it was designed to do. Criminals gonna crime regardless of the medium.

    • MacN'Cheezus
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      2 months ago

      Yeah, that’s like saying a murderer is there because gun.

      No, they’re there because of what they used it for.

      • @db2
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        22 months ago

        You’re closer, but he didn’t use Bitcoin. The scam was a shitcoin he had made up.

        • MacN'Cheezus
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          32 months ago

          As far as I know, the FTX token wasn’t even the main problem. He did all kinds of shady stuff, mishandling customer funds, illegal business loans, etc.

          • @db2
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            12 months ago

            True

  • @[email protected]
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    132 months ago

    Ummm actually… he laundered money through a newly invented coin. If he only had bitcoin he probably couldn’t have figured out how to scam those people

  • @Son_of_dad
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    62 months ago

    Now we’re changing history? What’s next, we’re gonna say Pharma bro went to jail cause wutang?