The author and financial market guru Nassim Taleb recently went on Twitter to comment on the collapse of the cryptocurrency exchange FTX.
According to him, the American businessman should be held accountable and detained for the alleged financial crimes committed during the company’s collapse.
“He (illegally) gambled with his customers’ funds,” Taleb said in a Tweet. “But (by his own admission) never thought the market would experience a tail event, so he believed the strategy was safe and customers would be OK, nobody would know. He needs to be behind bars”
Taleb also responded to a comment from Niklas Oestberg, the founder of the German delivery company “Delivery Hero”. Oestberg compared the FTX case to the Madoff investment scandal, a major stock and securities fraud case discovered in 2008.
Elon Musk Also Calls For SBF’s Prison
The investment author is only one of the many public figures who are asking for Sam Bankman-Fried to be held legally responsible for the financial damages done to FTX’s customers.
Among those, the world’s richest man Elon Musk also called for SBF’s imprisonment.
When entrepreneur Devin Simonson tweeted that “SBF doesn’t need any more mentions to save for his court date,” Musk weighed in agreeing with him.
Musk then called for an “adult time out in the big house”, clearly alluding to imprisonment.
Taleb, a Critic of Crypto
In the previous month, Taleb criticized the way major Bitcoin investors attempted to protect the cryptocurrency’s future, even in the face of the FTX disaster.
The financial guru chose as an example the founder of Microstrategy, Michael Saylor, who stated that, despite stating that the crisis would affect the BTC, it would be stronger if transacted by regulated companies.
Throughout his career, Taleb at times defended and was against cryptocurrencies. However, more recently, the renowned author is choosing to take a strong stance against digital assets.
In October, Taleb revealed that he shorted all his bitcoin assets while claiming that he was bullish on the future of the assets.