• PeachMan@lemmy.world
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    2 months ago

    Kinda misleading or poorly written title. He was not convicted of falling for a crypto scam. He was convicted of embezzling funds from the bank, which he did while pumping them into a dumb crypto scam. It would have been illegal even if the crypto thing was NOT a scam (which is rare, I know).

    • xavier666@lemm.ee
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      2 months ago

      even if the crypto thing was NOT a scam (which is rare, I know).

      that comment had to hurt the crypto community hard

      • qaz@lemmy.world
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        2 months ago

        The people who still don’t know have built up a level of ignorance to miss any kind of message like that.

      • technocrit@lemmy.dbzer0.com
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        2 months ago

        TBH I feel like it’s much harder for anti-crypto ideologues to admit that crypto has non-scam usages. Or to admit that fiat currency is a scam so huge that it’s literally destroying the planet.

        • orrk@lemmy.world
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          2 months ago

          to be fair, buying drugs or untraceable money transfers are totally a use case of crypto (basically everything that is illegal)

          • dan@upvote.au
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            2 months ago

            untraceable money transfers

            Crypto is very traceable though - every transaction that has ever happened is in a public ledger!

            There’s usually a transfer to or from fiat currency at some point, and there’s been several cases where Bitcoin transfers have been traced to a real person using that.