What did he do?
Comment on Sam Bankman-Fried is going to jail
rockSlayer@lemmy.world 1 year agoThat was his real crime. He stole rich people money. Where’s the CEO of bitconnect? Not in jail, I can tell you that.
SwallowsDick@lemmy.world 1 year ago
rockSlayer@lemmy.world 1 year ago
Bitconnect was a crypto ponzi scheme
TheBat@lemmy.world 1 year ago
Glenn Arcaro was sentenced to 38 months in September 2022
rockSlayer@lemmy.world 1 year ago
Arcaro was an American co-conspirator, not the CEO
TheBat@lemmy.world 1 year ago
AFAIK the CEO was not in America when BitConnect scam got exposed. He was in India and managed to disappear. If found, he faces 70 years in prison. Arcaro was the second in command. That’s better than nothing.