shookthrowaway
Re:Sam Bankman-Fried sentenced to 25 years in prison
on Thursday March 28, 2024 @03:15PM (#39856123)
That's a hundred thousand dollars. At the time the FTX news broke, that was worth 54290.28.
Sorry, but you can't say that you're "not rich," if you're throwing over half a hundred thousand dollars into cryptocurrency. 60% of Americans live paycheck to paycheck.
https://www.cnbc.com/2023/09/27/60percent-of-americans-are-s...
I'm sure you're a respectable person, and you might not be wealthy by Valley standards, but you're definitely rich. The median American in the 45–54 age bracket has merely seven thousand dollars more saved for retirement than you had thrown into crypto.
https://www.cnbc.com/2022/07/30/vanguard-how-much-americans-...