You can't "steal" crypto; it's all just a scam that operates outside of the law.
I mean, sure, we can use the language of theft and crime figuratively, just like when we talk about animals. For instance, "the wolf stole a chicken from the coop".
You can't "steal" crypto; it's all just a scam that operates outside of the law.
I mean, sure, we can use the language of theft and crime figuratively, just like when we talk about animals. For instance, "the wolf stole a chicken from the coop".
The case of SBF suggests you can and it's not outside the law enough to prevent 25 years of jail.
If SBF had merely stolen cryptocurrency, then the FTX exchange wouldn't have collapsed entirely. SBF stole customer funds on a line of infinite credit and infinite liquidity, basically lying to customers that he owned the asset they wanted when in reality he defrauded them for speculative gain.