L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 1 年前Sam Bankman-Fried is going to jailarstechnica.comexternal-linkmessage-square32fedilinkarrow-up1484arrow-down18file-text
arrow-up1476arrow-down1external-linkSam Bankman-Fried is going to jailarstechnica.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 1 年前message-square32fedilinkfile-text
minus-squarerockSlayer@lemmy.worldlinkfedilinkEnglisharrow-up31arrow-down3·1 年前That was his real crime. He stole rich people money. Where’s the CEO of bitconnect? Not in jail, I can tell you that.
minus-squareThis is fine🔥🐶☕🔥@lemmy.worldlinkfedilinkEnglisharrow-up10·1 年前Glenn Arcaro was sentenced to 38 months in September 2022
minus-squarerockSlayer@lemmy.worldlinkfedilinkEnglisharrow-up1·1 年前Arcaro was an American co-conspirator, not the CEO
minus-squareThis is fine🔥🐶☕🔥@lemmy.worldlinkfedilinkEnglisharrow-up1·1 年前AFAIK the CEO was not in America when BitConnect scam got exposed. He was in India and managed to disappear. If found, he faces 70 years in prison. Arcaro was the second in command. That’s better than nothing.
minus-squarerockSlayer@lemmy.worldlinkfedilinkEnglisharrow-up2·1 年前Bitconnect was a crypto ponzi scheme
That was his real crime. He stole rich people money. Where’s the CEO of bitconnect? Not in jail, I can tell you that.
Glenn Arcaro was sentenced to 38 months in September 2022
Arcaro was an American co-conspirator, not the CEO
AFAIK the CEO was not in America when BitConnect scam got exposed. He was in India and managed to disappear. If found, he faces 70 years in prison. Arcaro was the second in command. That’s better than nothing.
What did he do?
Bitconnect was a crypto ponzi scheme