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.
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.
The only reason this is being talked about is because he was a billionaire. Boo hoo poor guy stole 7billion Dollars, and now can't have the lifestyle he was used to
It's funny how we want to be treated as human beings but when it's about someone we perceive as "the enemy" human rights be damned. "We" should not be treated unfairly, but "they" deserve whatever they get.
No one is saying criminals don't deserve some form of punishment. I'm saying that doesn't mean they don't deserve basic humanity. Even if someone stole a lot of money I'm not ready to condemn that person to a life of constant pain and humiliation.
It's not about what they "deserve", it's about the bare minimum humane treatment I would be willing to accept for any human being.
I would prefer if everyone is treated equal. But it is clearly shown that rich people get special treatment. If you can let bring everyone up, bring the special people down
Spot on. The very reason I subscribe to the left wing is because I believe everyone deserves a decent life as far as possible, including people who've (allegedly) committed fraud.
Is it accurate to call him a former billionaire? My understanding is that he essentially embezzled ~$50 billion investor money and never truly owned it himself. Didn't he take a ~$1 billion "loan" from the company for example?
I think it's more accurate to say "he had signature authority over accounts with billions in them" not "he was a billionaire" but idk..