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.
this post was submitted on 28 Mar 2024
286 points (93.6% liked)
memes
9969 readers
2587 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to [email protected]
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- [email protected] : Star Trek memes, chat and shitposts
- [email protected] : Lemmy Shitposts, anything and everything goes.
- [email protected] : Linux themed memes
- [email protected] : for those who love comic stories.
founded 1 year ago
MODERATORS
you mean 5 months right?
They'll send him to one of those privately funded prisons that will all of a sudden get a large mysterious investment.
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
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.
He's not there because of Bitcoin. Your meme is dumb.
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.
Yeah, that’s like saying a murderer is there because gun.
No, they’re there because of what they used it for.
You're closer, but he didn't use Bitcoin. The scam was a shitcoin he had made up.
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.
True
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
Now we're changing history? What's next, we're gonna say Pharma bro went to jail cause wutang?
"Billionaire"
Tether billionaires are not real, they can't hurt you.
"Oh man, that's what I've been doing to people? I belong in here."