Don’t worry, the other “poor boys” are getting prosecuted for their crypto cons by SEC too[0][1][2]. While SEC might not be the fastest, they methodically go through all of those and take them down (similarly to IRS). I only listed 3 examples, but one can keep going on and on.
The other fraudsters also just don’t tend to have nearly as much public presence or stadiums named after their cons (and neither do they behave nearly as moronic and self-confident as SBF after getting a wind of prosecution getting on their case), so it is understandable that the trial for SBF would be way more in the public eye as well.
> The trial is likely to go on another few days before the jury begins deliberating. But I’d seen enough. It was clear to almost everyone watching his testimony that Sam Bankman-Fried is a dead man walking.
Wait, is that figurative or literal? I didn’t think the USA had the death penalty for this sort of thing.
9 comments
[ 3.1 ms ] story [ 31.5 ms ] threadWhat kind of heinous stuff is going on in that market now, with this kind of press cover for distraction?
The other fraudsters also just don’t tend to have nearly as much public presence or stadiums named after their cons (and neither do they behave nearly as moronic and self-confident as SBF after getting a wind of prosecution getting on their case), so it is understandable that the trial for SBF would be way more in the public eye as well.
0. https://www.sec.gov/news/press-release/2023-229
1. https://www.sec.gov/news/press-release/2023-59
2. https://www.sec.gov/news/press-release/2023-101
I've started referring to him as "Crypto Jesus" other places.
He's gonna be the poster boy that redeems the sins of the industry and makes it acceptable to the public again. Just guessing at the future narrative.
Wait, is that figurative or literal? I didn’t think the USA had the death penalty for this sort of thing.