The co-founder of failed cryptocurrency exchange FTX pleaded not guilty to a seven count indictment charging him with wire fraud, securities fraud and money laundering.
An attorney for FTX co-founder Sam Bankman-Fried said in federal court Tuesday his client has to subsist on bread, water and peanut butter because the jail he’s in isn’t accommodating his vegan diet.
I have a feeling the only reason this guy is facing consequences is because he defrauded other rich people.
Yep. He fucked with the money.
That’s what happened with Elizabeth Holmes, too. She defrauded both her investors and the patients using her products. She was only convicted of one of those. Guess which one?
Anytime a financial institution gets caught fucking with poor people worse they get is a slap on the wrist fine maybe 10-25% of what they profited and maybe 1-2 years max in prison time for a few fall guys.
Wonder how chewed this dude is about to be.