I am in favor of what was done here.
But also, we need to understand how it was accomplished.
Will the same happen in FTX or tons of Web3 and Crypto scams where the common person lost their money ?
I doubt it.
Will the same happen in FTX or tons of Web3 and Crypto scams where the common person lost their money ?
I doubt it.
The fraud charges aren't being driven by losing their client's funds, it's due to them lying to the people and companies that were investing.
The establishment's voice NYT has already tried to whitewash his 'crimes' https://www.nasdaq.com/articles/lets-talk-about-the-new-york...
He is trying to get rid of criminal charges https://www.ft.com/content/bbb43340-2ecb-43e7-8c4e-b563ec921...
He has donated to both parties. We will find out the ROI on those donations soon.