The celebrity of the cryptocurrency world stole like a magpie. In fraud, Bankman-Fried me mit Madoff

People often feel that they are buying digital gold in cryptocurrencies. They can take notice of an investment not only because of a drop in the exchange rate, but also as a result of fraud. It is not even possible to use the services of the big stock exchange.
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Nthere are many businessmen who have become among the hundred richest people in the world before ten. In history, we will not find anyone who would have dropped out of this company and within a week lost their assets according to prestinch, or completely lost tens of billions of dollars. And if the former billions of dollars were to end up behind the scenes, they would probably spend dozens and dozens of years, if not a lifetime, behind them.

What is, on the other hand, bland, and banal, is the way Sam Bankman-Fried defrauded his business partners of billions of dollars. it was about ordinary embezzlement, and it took place in the attractive and currently opaque settings of the cryptocurrency world.

Bankman-Fried’s prospects are not dark after a jury in New York federal court found him guilty of embezzlement at the end of the week.

A year and a half ago, the son of a well-to-do family (his parents were the first to attend Stanford University) had the aura of a mature child of crypto and was one of the guests at conferences devoted to digital currencies and technologies such as blockchain, on which they are built. He was an inconsiderable sponsor of a number of politicians, including Joe Biden (only one guy sent the current US president a large sum of money for his campaign) and a great philanthropist professing “effective altruism”. He apparently paid for it with stolen pensions.

70% of the line can be left