I'm a stupid, get me my money back
As Sam Bankman-Fried awaits sentencing for fraud and money-laundering, some of his victims are calling for the harshest possible prison terms. This is despite the fact that many will recover significant sums...based on what their holdings were worth at the time the exchange collapsed
. It's just not good enough, they claim, because crypto's rebounded since the FTX collapse and they'll miss out on that rally. Boo bloody hoo.
Some of FTX's investors lost substantial amounts of money, millions, even everything
. One sucker, who had around $250k invested, feared their plight was being taken lightly because crypto is seen as shady.
Personally, I take it lightly because anyone who invests more than they can afford to lose, worse everything
, in a single get-rich-quick scheme probably shouldn't have that level of responsibility in the first place.