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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Coverage of this story is pathetic, compared to the Bernie Madoff case:

Where are the stories about this people who lost their life savings?

Where are the stories about how much money is still missing?

Where are the stories about how many other crypto criminals are going to be prosecuted?

Where are the stories addressing the range if possible prison sentences?

Where are the stories about parent culpability?

Very little ink being spilled on this vs. Madoff.  Why?[/quote]

I think in many people's minds it is "fake" money so the sorts of people who are truly hurt are investment bros and venture capital firms. Not elderly who everything with Bernie.[/quote]

Yup. I'm glad SBF is going to jail but the "victims" here are veery different from Madoff. [/quote]

Madoff was an affinity scam and the average loss per person was larger.  SBF scammed millions of more people out of smaller amounts.  A lot of those scammed by SBF were low income wage earners looking to get rich.[/quote]

SBF didn’t steal money. He lost it on bad bets.

Madoff pretended to be investing but really just spent it.

SBF invested it but then lost a lot of it in the crash.

But he may well have only wiped himself out and left enough money to leave all the customers whole, according to the bankruptcy proceedings. [/quote]

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