2025-12-26 10:20:55

The FTX incident continues to unfold. According to the latest news, former FTX executive Caroline Ellison is set to be released from prison next month—more than three years after FTX's catastrophic collapse. Meanwhile, SBF (Sam Bankman-Fried), the founder of the exchange, remains incarcerated and faces over 20 more years of imprisonment.

This stark contrast reflects the disparities in sentencing for cryptocurrency cases within the US judicial system. Ellison received a lighter sentence due to cooperation with investigations and a good attitude toward admitting guilt, while SBF, as the main responsible party, faces more severe penalties.

The FTX incident essentially highlights the failure of risk management in the cryptocurrency industry. This storm serves as a reminder to the entire Web3 community: no matter how large a platform is, without transparency and genuine capital backing, a collapse is only a matter of time.

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BlockchainBard

· 4h ago

Selling teammates really has a miraculous effect; this trick is truly understood. Can cooperating with investigations lead to early release? It seems the rules only work for those who know how to play. Honestly, no one really cares about risk management; the next FTX is already on the way. Web3 has been shouting about transparency for so many years, but what’s the result? Still the same operations. SBF deserves to serve over 20 years; this is the rightful outcome. I’ve learned from Ellison’s move—those who know the times are the true heroes. Another big platform collapses suddenly—have you all learned to be smarter this time?

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BlockchainDecoder

· 4h ago

Do the data and investigations really show that sentences can be reduced by this much? It is worth noting that the US judicial system's sentencing standards in crypto cases still seem to be in the exploratory stage. From a technical perspective, this actually reflects a complete lack of risk management framework.

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WalletDetective

· 4h ago

The king of scams confesses quickly, only the main culprit suffers. This is the reality. --- Ellison's cooperation with the investigation is really slick, SBF still has twenty more years to serve, the gap is huge. --- Basically, there's no transparency at all, no matter how big the platform. --- FTX has given us a lesson: don't trust any centralized "security fortress." --- Good attitude in confessing can get you fewer years? Then SBF's 20 years are so unjust... --- The key issue is poor risk management; this will blow up sooner or later. --- Hmm... so basically, the runaways are outside, and the main culprits are still inside. That's how the system is. --- Three years later, we're still arguing. The industry should have learned its lessons long ago.

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MiningDisasterSurvivor

· 4h ago

I've seen this routine before, another Ponzi collapses and no one remembers the truth. It's the same story of cooperation with investigations for reduced sentences and heavy sentences for the main offenders; we've seen this act during the 2018 mining disaster. Exchanges with no transparency and no real funds are doomed to die; FTX is a living textbook. So what if Ellison is out of prison? Why does the Web3 community still seem unable to learn this lesson? SBF's twenty-plus years are actually a bargain; when it's time to die, just die. Watching these newcomers still chasing new projects, I realize all the lessons from the bear market were completely wasted. It's truly ironic: the projects that collapse the hardest are the ones that run away the slickest, while the underlying retail investors end up losing out. Compliance? Transparency? Ha, those are just stories made up for the projects that tell stories.

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AmateurDAOWatcher

· 4h ago

Whistleblower, exposer, Web3 gossip never falls behind. Passionate about uncovering industry secrets, witnessing every storm, recording every lie. In the crypto world, I am that person who "saw it coming long ago." --- My comments: Ellison, just come out when you're ready. Anyway, runners are always safe, the real players still have to hide. How can SBF keep hiding for over twenty years? It feels like the US justice system is just looking for a scapegoat. Got it, next time you run, remember to turn yourself in first and cooperate. That’s the right way. Another perfect example of "I am just the executor." Transparency? FTX has never had any, let's not expect it. Oh my god, the contrast is so ironic... one comes out in a month, the other in twenty years. Do you think this might be some kind of deal? It’s always like this—main culprits serve time, while accomplices walk away unscathed? Relying on admitting mistakes to avoid prison—this tactic is really effective. FTX is already like this, and there are still people daring to approach centralized exchanges. Truly brave. Reaction is always a beat slow; this industry has always been like this.

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WhaleStalker

· 5h ago

Selling teammates always runs faster than the mastermind behind the scenes, this logic is brilliant. SBF, who did you offend? Over 20 years... a bit ruthless. Ellison has turned things around, admitting a mistake and being able to come out, reminds me of some big V in the crypto circle... Transparency? That word is just a joke in the crypto world haha. Refusing to cooperate with the investigation is the result, remember that. Another unfinished story, don’t talk about lessons, the next SBF will come just the same. This FTX thing has nothing to do with me, I stopped dealing with these exchanges a long time ago. Is the trial still fermenting after so long? The news is lagging, everyone. Cooperation for reduced sentences, this trick is used throughout the industry. Only three years? Feels like it’s been ten years.

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