Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

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dgerard@awful.systems

Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse (arstechnica.com)

submitted 3 months ago by Alphane_Moon@lemmy.world to c/buttcoin@awful.systems

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[–] tiramichu@lemm.ee 2 points 3 months ago

He didn't get jail time for falling for a scam, he got jail time for stealing people's money.

[–] Alphane_Moon@lemmy.world 1 points 3 months ago

Funny how low-level crooks get hammered hard when they get caught, but you never hear of big fish running more sophisticated schemes (like those American bank executives who ordered their unit to make fake client accounts without their permission to hit some KPI bonus) getting even a slap on wrist.