11-13-2022, 12:10 PM
In all crashes, no CEO has never served sentence time nor did they fully pay the cus
<!-- SC_OFF --><div class="md"><p>EDIT: No CEO has ever</p> <h1>Mt. Gox</h1> <p>Mark Karpeles was arrested in 2015 and spent 11 months in custody (not prison <em>per se</em>), but it was not due to a sentence: they feared he could flee Japan. <strong>He came back to the industry this year with his company UnGox, aiming to assess the risk of crypto products, i.e. a rating agency</strong>. Before that he worked as a CTO for London Trust Media, based in Denver US. Broke a lot of people? Here's a nice job for you.</p> <h1>Bitconneeeeeeeeect</h1> <p>Satish Kumbhani is still free after being charged earlier this year. Customers are still to be paid.</p> <p>Wassuuuup trivia: Carlos Matos currently has an youtube channel called <em>“Partner With Carlos Matos”,</em> where he gives insights and tips about personal development.</p> <h1>Celsius</h1> <p>Alex Mashinsky withdrew $10M weeks before declaring bankruptcy. Despite some investigations going on, he's enjoying his $50M net worth while others lost their life savings.</p> <h1>3AC</h1> <p>Su Zhu disappeared after the 3AC fiasco. He recently tweeted something about bad actors who attacked his company etc etc etc, but still owes $3.5B to 27 companies, as per the court documents. While the prosecution is still going, he's free to enjoy his life. Oh, and he had close ties with Do Kwon.</p> <h1>Voyager</h1> <p>Stephen Ehrlich made $30M by selling Voyager's shares in 2021. The firm had $1.3B in customer crypto assets and declared bankruptcy. He's up and running, enjoying his massive net worth.</p> <h1>Terraform Labs</h1> <p>We all know that Do Kwon is not on the run /s</p> <h1>This time is not going to be different</h1> <p>If Karpeles managed to come back with a new crypto-related company, I bet that the current CEO of this shitshow we're seeing will do something similar. Don't get your hopes too high.</p> <p>It's infuriating and frustrating, though, because retail will always take the hit, regardless if on crypto or stocks. The whole system is rigged.</p> <p>Get a hardware wallet. Invest in good, long-lasting projects. The two biggest dogs in the shed have proven themselves.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddito321"> /u/reddito321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yt677h/in_all_crashes_no_ceo_has_never_served_sentence/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yt677h/in_all_crashes_no_ceo_has_never_served_sentence/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>EDIT: No CEO has ever</p> <h1>Mt. Gox</h1> <p>Mark Karpeles was arrested in 2015 and spent 11 months in custody (not prison <em>per se</em>), but it was not due to a sentence: they feared he could flee Japan. <strong>He came back to the industry this year with his company UnGox, aiming to assess the risk of crypto products, i.e. a rating agency</strong>. Before that he worked as a CTO for London Trust Media, based in Denver US. Broke a lot of people? Here's a nice job for you.</p> <h1>Bitconneeeeeeeeect</h1> <p>Satish Kumbhani is still free after being charged earlier this year. Customers are still to be paid.</p> <p>Wassuuuup trivia: Carlos Matos currently has an youtube channel called <em>“Partner With Carlos Matos”,</em> where he gives insights and tips about personal development.</p> <h1>Celsius</h1> <p>Alex Mashinsky withdrew $10M weeks before declaring bankruptcy. Despite some investigations going on, he's enjoying his $50M net worth while others lost their life savings.</p> <h1>3AC</h1> <p>Su Zhu disappeared after the 3AC fiasco. He recently tweeted something about bad actors who attacked his company etc etc etc, but still owes $3.5B to 27 companies, as per the court documents. While the prosecution is still going, he's free to enjoy his life. Oh, and he had close ties with Do Kwon.</p> <h1>Voyager</h1> <p>Stephen Ehrlich made $30M by selling Voyager's shares in 2021. The firm had $1.3B in customer crypto assets and declared bankruptcy. He's up and running, enjoying his massive net worth.</p> <h1>Terraform Labs</h1> <p>We all know that Do Kwon is not on the run /s</p> <h1>This time is not going to be different</h1> <p>If Karpeles managed to come back with a new crypto-related company, I bet that the current CEO of this shitshow we're seeing will do something similar. Don't get your hopes too high.</p> <p>It's infuriating and frustrating, though, because retail will always take the hit, regardless if on crypto or stocks. The whole system is rigged.</p> <p>Get a hardware wallet. Invest in good, long-lasting projects. The two biggest dogs in the shed have proven themselves.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddito321"> /u/reddito321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yt677h/in_all_crashes_no_ceo_has_never_served_sentence/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yt677h/in_all_crashes_no_ceo_has_never_served_sentence/">[comments]</a></span>