Every round Anthropic raises twists the knife deeper in SBF. If only he could have survived the downturn his Antropic investment alone probably could have papered over the other loses.
Let's not pretend there aren't multitudes out there doing similar things who never get caught. SBF was just more egregious and untimely w/ his actions.
He went to jail because his autism wouldn't allow him to be duplicitous like a CEO doing evil things has to be and he attracted too much negative attention.
Yes but investors being whole and profitable would almost certainly have not resulted in jail time. He probably would have even had enough unquestionably personal returns to pay back any misappropriated funds in a negotiated settlement, if they even come to light at all.
One doesn't need to go more than 2 feet into the mire of meme coins before finding the detritus of 6000000 rug pulls. Just that these guys never get prosecuted.
Yeah, but they're not playing with institutional money. They're not messing with people that have world-leaders on speed dial. Crypto gets away with what it does because when you enter an explicitly laissez-faire side of life, expect people to act laissez-faire. The rest is fraud/laundering/illicit activity tracking, which is why KYC requirements were passed right on schedule.