South African investment firm vanishes with $3.6B in Bitcoin

Re:South African investment firm vanishes with $3.6B in Bitcoin by jokoon on Wednesday July 07, 2021 @04:37PM (#27765494)

Well, to answer your sarcasm, at least Madoff was found guilty and goes to prison.

Bitcoin frauds rarely results in prison sentences.

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Re:South African investment firm vanishes with $3.6B in Bitcoin by audiometry on Wednesday July 07, 2021 @09:58PM (#27767762)

Yeah and moreover, the fraction of money invested in regulated public markets that’s been stolen/defrauded must be minuscule compared to the degree of theft and fraud in cryptocurrency.

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Re:South African investment firm vanishes with $3.6B in Bitcoin by Gibbon1 on Wednesday July 07, 2021 @04:51PM (#27765608)

Madoff stole from rich people. Bitcoin frauds prey on poor people.

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Re:South African investment firm vanishes with $3.6B in Bitcoin by jokoon on Wednesday July 07, 2021 @05:53PM (#27766143)

Yeah well the comparison did not stand in the first place.

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