Ask HN: Is Bankman-Fried's Guilty Verdict a Crypto's "Madoff" Moment?
It looks like FTX’s head honcho, Sam Bankman-Fried, just got slammed by a court for scamming billions from crypto folks ! The courtroom drama ended yesterday with Sam facing years behind bars.
Now, can this be a crypto Madoff moment? Bernie’s bust led to a financial face-lift but not much in substance. Will Sammy’s slip-up spark a crypto clean-up or just move the rubbish under the carpet for a bit?
A bull run looks like around the corner and I wonder who will be the next Sam wonder boy/girl/thing....
Ideas?
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