this post was submitted on 28 Mar 2024
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[–] db2@lemmy.world 2 points 2 years ago (1 children)

You're closer, but he didn't use Bitcoin. The scam was a shitcoin he had made up.

[–] MacNCheezus@lemmy.today 3 points 2 years ago (1 children)

As far as I know, the FTX token wasn't even the main problem. He did all kinds of shady stuff, mishandling customer funds, illegal business loans, etc.

[–] db2@lemmy.world 1 points 2 years ago