DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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The gavel has fallen, and the verdict is in.
Months of debating, catching him, discussing about his Adderall and drug addiction.
Is it finally over?
Will the heavens finally right the wrongs, send SBF to jail and recover the billions he stole from customers?
Perhaps not.
But at least justice was swift.
Uncannily, uncharacteristically and unusually swift.
Between the fall of FTX to SBF being found guilty by the jury, it took barely 11 months.
It took more than half a decade for Elizabeth Holmes to go to jail for what she did, since Theranos’ bankruptcy.
Sam Bankman-Fried, once a crypto wunderkind, now wears the heavy crown of guilt on all seven counts of fraud and conspiracy.
Hollywood screenwriters are now scrambling for their notepads.
SBF’s trial was a spectacle, a modern-day morality play set against the backdrop of the crypto craze.
The charges?
A cocktail of fraud and conspiracy, with a twist of grand larceny.
The jury?
They didn’t need long.
Just a shade over four hours (including dinner) to peel back the layers of a financial onion, revealing an $8 billion swindle, and finding SBF guilty.
SBF’s fall from crypto king to convicted fraudster is a stark lesson in accountability.
The irony is thick enough to cut with a knife.
Here’s a man who once rubbed shoulders with celebrities, donated to politicians, lived in a lavish villa in the Bahamas, who became the poster child for crypto’s potential.
Now, he’s going to jail, a cautionary tale, a walking warning for anyone who thinks they can outsmart the system.
He might be a genius.
But he stole and gambled with customer’s deposit.
That’s untenable, unforgivable and down-right criminal.
But let’s not forget the real victims here.
Not the bruised egos of the rich and famous, but the everyday investors who put their trust in a system that promised the moon and delivered dust.
SBF might be facing a long stint behind bars, but what about the wrongs he’s done?
What about the everyday joes and janes that listened to the media, podcasts and influencers, and put money into FTX?
They did nothing wrong.
Oh they should have done their research, read up more, understand the mechanics and not believe the hype.
Easier said than done.
SBF fooled Tom Brady, Gisele Bündchen, NBA star Stephen Curry, tennis phenom Naomi Osaka, former baseball superstar David “Big Papi” Ortiz, and Shark Tank’s Kevin O’Leary.
Come on.
Who’s going to pick up those pieces?
It’s a question that lingers, heavy in the air.
In the end, it’s not just about one man’s guilt.
It’s about a system that allowed him to thrive, unchecked and unchallenged.
What does this say about our ability to discern heroes from villains in the digital age?
-
Does SBF deserve to go to jail?
-
#SBF #Crypto #Fraud #Guilty #Justice #FTX #FinancialCrime #Accountability #Investment #Trust #CryptoCrash #SamBankmanFried #Verdict #MoralityPlay #CautionaryTale #Hubris
The gavel has fallen, and the verdict is in.
Months of debating, catching him, discussing about his Adderall and drug addiction.
Is it finally over?
Will the heavens finally right the wrongs, send SBF to jail and recover the billions he stole from customers?
Perhaps not.
But at least justice was swift.
Uncannily, uncharacteristically and unusually swift.
Between the fall of FTX to SBF being found guilty by the jury, it took barely 11 months.
It took more than half a decade for Elizabeth Holmes to go to jail for what she did, since Theranos’ bankruptcy.
Sam Bankman-Fried, once a crypto wunderkind, now wears the heavy crown of guilt on all seven counts of fraud and conspiracy.
Hollywood screenwriters are now scrambling for their notepads.
SBF’s trial was a spectacle, a modern-day morality play set against the backdrop of the crypto craze.
The charges?
A cocktail of fraud and conspiracy, with a twist of grand larceny.
The jury?
They didn’t need long.
Just a shade over four hours (including dinner) to peel back the layers of a financial onion, revealing an $8 billion swindle, and finding SBF guilty.
SBF’s fall from crypto king to convicted fraudster is a stark lesson in accountability.
The irony is thick enough to cut with a knife.
Here’s a man who once rubbed shoulders with celebrities, donated to politicians, lived in a lavish villa in the Bahamas, who became the poster child for crypto’s potential.
Now, he’s going to jail, a cautionary tale, a walking warning for anyone who thinks they can outsmart the system.
He might be a genius.
But he stole and gambled with customer’s deposit.
That’s untenable, unforgivable and down-right criminal.
But let’s not forget the real victims here.
Not the bruised egos of the rich and famous, but the everyday investors who put their trust in a system that promised the moon and delivered dust.
SBF might be facing a long stint behind bars, but what about the wrongs he’s done?
What about the everyday joes and janes that listened to the media, podcasts and influencers, and put money into FTX?
They did nothing wrong.
Oh they should have done their research, read up more, understand the mechanics and not believe the hype.
Easier said than done.
SBF fooled Tom Brady, Gisele Bündchen, NBA star Stephen Curry, tennis phenom Naomi Osaka, former baseball superstar David “Big Papi” Ortiz, and Shark Tank’s Kevin O’Leary.
Come on.
Who’s going to pick up those pieces?
It’s a question that lingers, heavy in the air.
In the end, it’s not just about one man’s guilt.
It’s about a system that allowed him to thrive, unchecked and unchallenged.
What does this say about our ability to discern heroes from villains in the digital age?
-
Does SBF deserve to go to jail?
-
#SBF #Crypto #Fraud #Guilty #Justice #FTX #FinancialCrime #Accountability #Investment #Trust #CryptoCrash #SamBankmanFried #Verdict #MoralityPlay #CautionaryTale #Hubris
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