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Sam Bankman-Fried sentenced to 25 years in prison(www.web3isgoinggreat.com)

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OfficerBribe@lemm.ee
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BruceTwarzen@kbin.social
-2 points

His poor billionaire victims

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SomeoneSomewhere@lemmy.nz
17 points

Were there not a fair pile of ‘mom and pop’ / young idiot ‘investors’ who got on the hype train and put in thousands or tens of thousands?

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ThrowawayPermanente@sh.itjust.works
7 points

That was probably the large majority. Anybody who knew what they were doing didn’t leave their money on FTX.

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David Gerard@awful.systemsM
8 points

the fall of FTX took out large swathes of the remaining crypto economy, especially in Africa. Everyone just used FTX as a shitty bank.

but then, if they knew what they were doing, they wouldn’t have gone near crypto

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