Today is the day, today is the day that the infamous fraudster SBF is sentences.
It is a great day for crypto! Oh the irony, SNF lied on the stand. Man, this one must be a narcissist to lie on the stand, with knowing they have evidence of what FTX was doing. Apparently, SBF tried to stated he was not aware that customer funds were being taken or used by FTX. I mean seriously? Here is an article outlining it: https://www.yahoo.com/finance/news/sam-bankman-fried-sentenced-multi-100745992.html
Oh the joy of the criminal being caught and held accountable! Now, I do not want innocent people charged and convicted, what I want is for the people harming others to be held accountable and stopped. This is a great step in the long term healing process of crypto customers and the general public to accept crypto.
Now, isn't it ironic (don't you think) that many were able to buy Solana at really low prices due to the FTX collapse, and make huge gains since Solana did not collapse. It has rebounded nicely from the FTX debacle. Newton's third las states Every action has an equal and opposite reaction. This to me fits that saying.
I am sad that all of the damage that was done by this SBF character. I am ultimately sad that he did running FTX in a safe and legal manner and that he did not enjoy the untold riches from this wonderful thing called cryptocurrency.
GREED, is not a good thing in most cases.