this post was submitted on 22 Aug 2024
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491
Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse (arstechnica.com)
submitted 5 months ago by [email protected] to c/[email protected]
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[โ€“] kent_eh 15 points 5 months ago (1 children)

Here, the only reason he's seeing jail time. Not because he stole, but he stole from the rich.

Regardless, maybe the reality that a C-suite executive is spending a quarter century in jail might mean there's a chance it'll prevent others from trying something similarly corrupt?

Maybe?

Please??

[โ€“] [email protected] 8 points 5 months ago

Yeah, now they'll reconsider if their intended victims have a certain net worth.