Comment on 'Crypto King' Sam Bankman-Fried guilty of FTX fraud

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fiat_lux@kbin.social ⁨1⁩ ⁨year⁩ ago

For sure. Which is one reason I expect house arrest is so likely. All it takes is for one of the major multiglobals to be in some scheme that the government has decided to crack down on, and there's your leverage in sentencing negotiation. It's why I've given up on the concept of rich people going to prison, there's always another fish they can offer up for frying, because billionaire social circles are tiny.

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