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Crypto News

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

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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