Posted on 11/03/2023 5:02:33 PM PDT by RandFan
Senate Banking Committee Chair Sherrod Brown (D-Ohio) on Friday hailed the conviction of one-time cryptocurrency mogul Sam Bankman-Fried on seven charges of fraud and conspiracy as a “victory.”
“This verdict is a victory for everyone fighting fraud and scams in crypto. In this trial, we saw how crypto companies like FT think the law doesn’t apply to them, gamble with consumers’ money, and lie to the public,” Brown said in a statement.
“Americans continue to lose money every day in crypto scams and frauds. We need to crack down on abuses and can’t let the crypto industry write its own rulebook,” he said.
(Excerpt) Read more at thehill.com ...
@PeterSchiff
Now that #SBF has been convicted it's time to go after all the dirty politicians who accepted his bribes. SBF never could have gotten away with his scam without their help. Regulators were also complicit and their ineptitude proves that free markets can do their job much better.
If only Sherrod would be so vigorous and enthusiastic about stopping the scams conducted by his co-workers in the Senate, and in the Executive Branch.
If only.
“crypto companies like FT”
this fool can’t even bother to get the company name right ...
heaven help us with our country being run by idiots like this ...
And don’t forget the scuttlebutt that huge undeclared donations were also made to pols’ personal crypto accounts. While democrats were always favored, the grift was bipartisan.
Is it safe to assume he’s been “released on his own recognizance pending appeal”?
Replace every monetary word in this article with the USD and every entity or controlling person with The Federal Reserve or the US Govt and you have two sides of the same coin.
Remember back in 2006 when the Democrats invented a bogeyman big-$$$$ GOP donor named “Abramoff” and they & their media allies tarred every Republican who accepted a penny from him? And seized control of Congress as a result?
Turnabout is going to be sweet, and.... nah, who are we kidding here?
How much money did Sherrod Brown get from SBF? Nice little diversion of a statement, but I’m not buying it.
This dirtbag will remain just as silent as the epstein pimp serving time in jail.
They will soon, both receive pardons.
Ohio needs to retire moron Vrown next year.
I think that Sherrod Brown took some money from Sam Brinkman Fried. The kettle calling the pot black
I think that Sherrod Brown took some money from Sam Brinkman Fried. The kettle calling the pot black
I think that Sherrod Brown took some money from Sam Brinkman Fried. The kettle calling the pot black
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