SBF sentenced to 25 years - thoughts?

[marshal]

ser this why you never trust cefi. defi only way to maintain control of funds

 

[btcinfo891]

@marshal even defi has risks but at least your funds aren't in some guy's gambling account

 

[X-trader]

25 years... dude's gonna be 57 when he gets out. whole life basically over

 

[coinhunter]

25 years... dude's gonna be 57 when he gets out. whole life basically over

good. how many lives did he ruin with his ponzi scheme?

 

[Radius]

True this verdict has everyone reviewing their procedures. Nobody wants to be next example

 

[goxeme]

bet his parents proud. raised a billion dollar fraudster

 

[sk8er]

bet his parents proud. raised a billion dollar fraudster

harsh but probably true. whole family was in on the political donation stuff

 

[proxytom]

still cant believe people fell for 8% yields when banks paying nothing. obvious red flag

 

[CryptoNeed]

still cant believe people fell for 8% yields when banks paying nothing. obvious red flag

tom greed makes people ignore obvious signs. tale as old as time

 

[btcinfo891]

At least trial proved crypto space can police itself when needed. Shows some maturity.

 

[goldkingcoiner]

"police itself" lmao he got caught by feds not crypto twitter

 

[Obi1]

fair point but community did turn on him pretty quick once truth came out

 

[degen_pete]

25 years in federal prison... that's gonna be rough for someone who probably never threw a punch
anyway he shouldve thought about that before stealing billions

 

[marth7]

wonder what this does to crypto adoption. normies gonna be even more scared now

 

[CryptoDada]

Short term negative but long term probably positive. Eliminating bad actors is necessary for legitimate growth.