News for hackers. Stuff that matters.

A comment on FTX Tapped into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall. Parent comment

Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by qeternity on Thursday November 10, 2022 @05:23PM (#33554414)
Did Corzine actually go to jail? This didn't sound right to me and a quick search suggests no.
[ Parent | on HN ]
Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by Telemakhos on Thursday November 10, 2022 @06:20PM (#33555073)
He did not go to jail, which prompted a satiric call to "Free the Honorable Jon Corzine." His LinkedIn page describes him as running "an opportunistic macro hedge fund."
[ Parent | on HN ]
Re:FTX Tapped into Customer Accounts to Fund Risky Bets, Set... by fnordpiglet on Thursday November 10, 2022 @06:56PM (#33555438)
Yes you’re right he didn’t. He ended up paying a $5mm civil fine and was barred from futures business. I misremembered, my bad.
[ Parent | on HN ]