Crypto Twitter Weighs In on Bankman-Fried Verdict

Crypto Twitter Weighs In on Bankman-Fried Verdict

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The Australian info The guilty decision in the criminal trial of Sam Bankman-Fried—delivered by a jury quickly previously 8 p.m. ET in New York—triggered a gush of responses throughout the still lively crypto neighborhood on Twitter. The general stateofmind was closer to smug schadenfreude than pleased, however there were hot takes throughout the spectrum. “Should let the SBF trial be a clear caution for other operators in crypto,” wruote crypto expert and endeavor capitalist Adam Cochran. “If you play with individuals’s funds, they’ll get you in the end, and the veryfirst one or come forward gets the least penalty.” Noting that Bankman-Fried was mainly doomed provided the damning statement of previous coworkers, Cochrane pointed out that previous Alameda CEO Caroline Ellison will face verylittle prison time whereas the FTX co-founder “likely dealswith life in jail.” “Do you actually trust your coconspirators when it’s all on the line?” he asked. “Like, would you actually trust Justin Sun not to rat you out?” “Careful out there sketchbags,” he concluded. Should let the SBF trial be a clear caution for other operators in crypto. Caroline and others came forward initially and will fa
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