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Please bookmark this link — the other sites have simply copy/pasted our html and don’t actually have any cards to sell. 

They can be easy to fall for if you aren’t cautious!

17 thoughts on “While you ask Authorities why FTX scammer nonetheless not in jail…”

  1. Actually it would be a good thing if SBF didn’t go to jail, because then people would not trust crypto firms and businesses anymore, keep BTC in self custody and rely more p2p exchange. It could be only good for Bitcoin.

    Reply
  2. If you put your money on an unregulated exchange in a foreign tax haven, the government has limited motivation to get it back for you. They also have limited authority since you bought crypto with dollars. If he has simply stolen your dollars, that would be one thing. But you exchanged dollars for whatever token… and he subsequently stole your tokens. But it’s unclear what tokens are. Are they a security? It’s illegal to steal those. But there’s no agreement about that. If a crypto isn’t a security or a commodity, then there would have to be a law explicitly saying that stealing crypto ( an independent thing that’s neither a security or a commodity) is against the law. Even if they settle on “tokens are securities” now, there’s the issue that the government can’t prosecute laws ex post facto. They might be able to convict SBF, but I bet zero people get any money back.

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  3. The end goal isn’t jail. The end goal is prison.

    Jail is where you go when you’ve just been detained, are being processed, awaiting trial, or being tried. Prison is where you after you are sentenced.

    The US government wants to make sure the fucker gets a long sentence. So they have to collect evidence and build a case. That takes time.

    On the bright side, this will give SBF a false sense of security. As soon as the Feds are ready to go, though, he’s doomed.

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  4. Theranos executives are just now getting sentenced. Enron executives were charged 5 years after the collapse.

    The bankruptcy case just got transferred to Delaware so US agencies are just now getting access to the books. The books are a mess.

    They have to determine the standing, jurisdiction, crimes committed, the extent of the crimes, the culpable parties etc. Then they have get SBF and accomplices extradited to the US.

    Why do people imagine any of this is fast or easy? Rush the process and SBF could beat the charges or get a slap on the wrist.

    Reply

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