Sam Bankman-Fried Guilty

Sam Bankman-Fried has been found guilty of all 7 charges by the jury in NYC. He faces 115 years in prison. He has a second trial for more charges.

If you’re going to be a crypto scammer, do it like the OG, Arthur Hayes himself who is the founder of crypto exchange BitMex and the CIO of Maelstrom fund.

It’s insane though how many Crypto companies have fallen and their respective CEOs. A quick recap:

  1. Do Kwan, Founder of Luna (crypto) and Terraform Labs (USD stable coin) - arrested in Montenegro
  • you guys should read about this dude and his company
  1. Su Zhu and Kyle Davies - both founded 3 Arrows Capital (3AC) ; Zhu was arrested in Singapore……Kyle is still in hiding :joy:

  2. Arthur Hayes - Founder of BitMex. He’s the only one who successfully walked away after paying a $100M fine and a one year probation at his penthouse in Hong Kong (He’s a tall ripped black dude who looks like a sculpted Greek God. He’s a billionaire who now runs Maelstrom which provides venture capital to startups working on decentralized finance / web3 / and crypto). Obviously the coolest guy among all these thieves.


1 Like