Dan Gillmor
Sam Bankman-Fried is a reminder of the rancid reality of so much about Silicon Valley mega-entrepreneurship -- and the corruption of modern capitalism throughout the top tiers of society.
The "financial crimes aren’t purveyed only by evil masterminds. They are licensed by entire societies who believe in them – until they don’t," writes Aditya Chakrabortty in the Guardian.
https://www.theguardian.com/commentisfree/2024/mar/28/sam-bankman-fried-jail-ftx-money
Aral Balkan
@mxtthxw @dangillmor The rule of thumb is you don’t defraud investors. You’re free to defraud anyone else. In fact, defrauding John and Jane Public is the business model of many successful corporations. (We call it “record corporate profits”.)
INPC
@dangillmor I don’t get why he’s going to jail but Zuckerberg or Altman aren’t?
All SBF tried to do was make billions of dollars at others expense. What did he do that’s so different?
Free the SBF 1!
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