Do Kwon: Do Kwon is hanging out in Serbia, spending some of the $80,000,000 per month that he cashed out leading up to the LUNA crash. Don't worry; he is still active on Twitter and very adamant that he is not on the run from the law even though there is an arrest warrant out for him.
Sam Bankman-Fried: After taking a 5-hour business-class flight on Christmas Eve, Sam is back in his parent's $4,000,000 house they bought the year he was born. It is rumored that he is back in his old bedroom, sleeping in his race car bed (this part of the rumor is likely, not true, but amusing to think about).
Ruja Ignatova: If you joined crypto in the last bull run, you might be asking who Ruja Ignatova is. Ruja was the mastermind behind the OneCoin scam. OneCoin was a not a crypto, no blockchain was ever developed, but it was a multilevel marketing scam where you bought a miner and "mined OneCoin" for between $100 and $100,000. You then could sell your OneCoin only on their internal marketplace. Ruja got on an airplane in 2017 and has not been seen since, nor has the $4,000,000,000 she took with her. Regardless of where she is, we can be assured that it is a much nicer place than you are.
Caroline Ellison: Caroline is likely having a peaceful Christmas with her dog Gopher and the rats of Boston at her parent's house in Boston or with her sister, who lives near where she as spotted in NYC.
Satish Kumbhani: The founder of BitConnect, according to the SEC, which has been charged with crimes, has "relocated from India to an unknown address in a foreign country." You can be assured that he is having a better Christmas than you with the $2,400,000,000 his Ponzi Scheme raked in wherever he is.
Glenn Arcaro: The US promoter of BitConnect was sentenced to 38 months in federal prison earlier this year. Don't worry; he is rich with all the money that he scammed, so he currently is not in custody; sometime after Christmas, he might go to prison…
Fatih Özer: Fatih was the creator of the Thodex crypto exchange. One day in 2021, he got bored and decided to take the $2,200,000,000 that was on his exchange and disappear. He is currently in an Albanian jail waiting for extradition to Turkey. He was greedy and did not bribe enough people to prevent getting arrested. You are having a better Christmas than someone in Albanian jail.
Harmony ONE Hackers: They are currently doing whatever you do in North Korea for Christmas.
Raees and Ameer Cajee: The brothers behind the AfriCrypt, the South African crypto exchange, that was "hacked" for $3,600,000,000 of Bitcoin, and then the brothers disappeared. A few months before the "hack," the brothers bought Vanuatu passports for ~$100,000. Vanuatu is known for its Christmas tradition, which includes having a big BBQ.
The moral of the story is that crypto scammers tend to have a pretty good Christmas unless you are stingy and end up in an Albanian jail. It is insane the number of high-profile crypto scammers that are not in jail while the people that owned the ~$20,000,000,000 that was collectively scammed in the seven scams above are the ones hurting.
submitted by /u/pbjclimbing
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