Cory Doctorow on Nostr: FTX was arguably the largest-scale corporate crime in world history, stealing more ...
FTX was arguably the largest-scale corporate crime in world history, stealing more than $10 billion dollars, mostly from rubes sucked in by hype and Superbowl ads. When news that FTX founder and owner Sam Bankman-Fried was convicted of fraud and was in for a lengthy prison sentence made a huge stir, because criminals like SBF usually walk away from the wreckage with their hands in their pockets, whistling a jaunty tune.
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Published at
2024-03-02 13:30:42Event JSON
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