Theft is a crime and at this scale of fraud he should be in jail for at least 20 years.
Sure, one of the happy coincidences was that the theft taught the public (again) not to trust shitcoins- but if we are living in a law-abiding statist society then there must be consequences, or there will be chaos.
We can argue chaos and lawlessness has already begun for years now, but I think there’s plenty of time for scam-bank-man to face the cold hard walls.
20 years puts him away until he's 50s. I don't see any tangible benefits to society there. His behavior is idolized in culture (Wolf of Wallstreet etc) and the real solution is a new base layer of trust. If this was a violent crime, that's different, because somebody was left physically impaired. In this case the conmen that funded him, and gambling junkies without first principles got a taste of what "crypto" will always do to you.
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