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'A Galactic Embarrassment': The Crypto World Is Already Sick of SBF's Trial (wired.co.uk)
4 points by amalinovic 7 months ago | hide | past | favorite | 2 comments



There is an extrapolation happening here and I don’t think it’s appropriate. The vast majority of this was good, old-fashioned, old-timey fraud.

Yes and blockchain did absolutely nothing to prevent it. Even con artists depend on accurate accounting.

What the "industry" has yet to propose is doing anything to stop the rampant con artistry. It is deeply infused (as exemplified by FTX and a multitude of others, some yet to be revealed) and this is apparent with little "extrapolation" required.


No one is interested in crypto unless number go up. Number only goes up if more and more people "buy" crypto. What exactly is this "industry" and how is this trial interfering with it.




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