Putting an $8 billion theft in perspective — the crimes of Sam Bankman-Fried

Since the collapse of FTX, the major cryptocurrency exchange that once bought itself out from the behemoth that is Binance for a cool $2 billion, I’ve thought quite a bit about Sam Bankman-Fried’s crimes, and how seriously we should take them.

For those who are not aware — under the leadership of Sam Bankman-Fried — once a person who claimed he had only become a billionaire so that he could one day give all his money away, FTX declared bankruptcy and was left with an $8 billion hole in it’s balance…