Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, was charged with defrauding investors by the U.S. Securities and Exchange Commission on Tuesday.

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    20 Comments

    1. If I had the big bucks, I would have never invested in cryptocurrency. It never appeared to be something that people can trust, apparently the whole idea was just a scheme.Whenever something sounds to good to be true, it isn't.

    2. All Crypto's along with the capitalist system is a Ponzi. Now with Bankman and O'leary for prosecution they will just use the best layers paid by investor crypto money and tying up the cases for year in the courts with no jail time. When it’s bitcoins time for the money to disappear you only have Satoshi Nakamoto who doesn’t exist. O’Leary got paid $15 million in promoting a Ponzi, now he claims he wants to know what happened to the money and he don’t care if it takes 6 years, He already knows in the capitalist system time kills all corruption. Politicians are proof of that Biden laptop, Trump, Hillary Clinton and the rest. Latest EU member’s bags full of corruption money from the WC bid. ANC politicians openly corrupt but no one is in jail. The list is endless.

    3. LETS BE REAL ABOUT THIS THEIF!… FOR EVERYONE INVOLVED (INVESTORS, VICTIMS, LAUDERS, THE MEDIA, ETC.), HIS SKIN COLOR OVERLOOKED A LOT OF THE OBVIOUS, GOOFY SHITE ABOUT MR. BANKMAN-FRIED-CHICKEN!!!…

      UNTIL IT DIDNT.

    4. I feel bad for the guy who lost 120k, but crypto, like the stock market isn't a "sure thing" by any stretch of the imagination more so with crypto. As the old adage goes, never invest money that you can't afford to lose..

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