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Vitalik Buterin Shares Thoughts About Sam Bankman-Fried Following FTX Fallout

George Georgiev Nov 13, 2022 16:05
Vitalik Buterin has shared some thoughts on SBF and the way the community has reacted to the whole fiasco so far.

The co-founder of Ethereum has shared some thoughts on the FTX fallout and, more precisely, on the reaction toward the former CEO – Sam Bankman-Fried.

  • It appears that the cryptocurrency community is unanimous in its stance against the action of Sam Bankman-Fried, the former CEO of FTX.
  • The overwhelming majority of reactions are entirely negative, with many calling for prison time and the most severe regulatory punishments.
  • Vitalik Buterin, the founder of Ethereum, has also chipped in on the matter.
  • He believes that, as a public figure, SBF deserves everything he’s getting. He even said this is healthy in a bid to reaffirm important values for the community.
  • On the other hand, though, “Sam the human being”  deserves support and love, according to Buterin.

SBF the public figure deserves what it’s getting and it’s even healthy to have a good dunking session to reaffirm important community values.

Sam the human being deserves love, and I hope he has friends and family that can give it to him.

  • Most of the commentators disagreed with Buterin, arguing that SBF was acting fraudulently and with malice until the very end, even after that.
  • Before resigning as CEO, he reassured users that the US-based arm of FTX was completely liquid and that it was not caught up in the mess. A day later, it filed for bankruptcy.
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George Georgiev

Georgi Georgiev is CryptoPotato's editor-in-chief and seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn