732
Sam Bankman-Fried found guilty of fraud
(www.theverge.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 02 Nov 2023
732 points (98.5% liked)
Technology
59287 readers
4414 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Yet people do the same thing with literal U.S. dollars and we think nothing of it when banks lose billions gambling our money in the stock market. 🤔
Or open credit cards in their customers' names without their consent.
Or tear down whole economies with no consequences. Or take almost complete control of the housing market and turn Americans into serfs. Or...
Strange, that that fat fuck is only being held accountable because he used bitcoins to do the same things banks do on the regular. Strange indeed...
People absolutely think something about it when it happens, and hell sometimes the government even does something about it (as demonstrated in the article you linked). Just a whole lot of us would argue they don't do enough about it.
I'm not actually defending Sam Bankman-Fried. I'm pointing out the obvious hypocrisy in the system. Both that fat fuck and actual bank execs need to waste away in prison cells.