After many years in crypto space he seems to have failed and tired 😩😫
He came to my place yesterday and what he said shocked me as I wasn't expecting such..
Friend, I think we all got it wrong, in crypto space it pays to become a scammer than trying so hard to be an investor and still fail, gullible people are everywhere they will fall for one or two scams easily, he said.
I believe this is coming from his side of frustration, he lost his long time holding in February 2026, I guess he hasn't gotten over it yet obviously, mind you I talked him out of scamming others like a revenge thing.
After he went back home I thought about it very well, scammers are really making a killing in this space, and they are doing it for free, getting away with it, but hurting a human like myself is what I can't do, imagine stealing 10 BTC that belongs to a father who have saving it for years, planning to leave it behind for his family if possible.
Do you have better advice? Genuinely? For my friend.
I am going to give you a few cases just like 10 of them and you send them to your friend, see how it reacts:
Sentenced to 23 years in prison for orchestrating a cryptocurrency scam that defrauded nearly 1,000 investors of more than $20 million.
SourceSentenced to 20 years in prison for operating a Bitcoin Ponzi scheme that defrauded more than 90,000 investors and involved more than $200 million in investments.
SourceSentenced to 100 months in prison for securities fraud, wire fraud and money laundering in connection with a multi-million-dollar SafeMoon cryptocurrency fraud scheme.
SourceSentenced to 9 years in prison for running a cryptocurrency investment Ponzi scheme that raised more than $10 million from investors.
SourceSentenced to 78 months in prison for participating in a social engineering cryptocurrency heist that stole more than $250 million from victims.
SourceSentenced to 70 months in prison for laundering millions of dollars generated by a criminal enterprise that stole more than $263 million in cryptocurrency.
SourceSentenced to 46 months in prison for laundering more than $36.9 million stolen from 174 Americans through a fake cryptocurrency investment scheme.
SourceSentenced to 5 years in prison for helping overseas fraudsters move nearly $100 million in fraud proceeds through bank accounts and cryptocurrency addresses.
SourceSentenced to 15 months in prison for impersonating crypto influencers and running a fake cryptocurrency staking and investment scheme that obtained more than $1.4 million from victims.
SourceSentenced to 30 years in prison for leading a billion-dollar fraud involving wire fraud, securities fraud and money laundering, with victims recruited through online investment schemes.
Source
If he says these are nothing, like after 23 or 20 or let's say min 5 years, he will be out and then can enjoy the money then show him the news like this one:
A convicted crypto scammer who had served a 6-year prison sentence was released in 2023, allegedly went back to defrauding investors, and was later kidnapped and murdered along with his wife in the UAE after meeting people posing as investors.
SourceThese are the few ones recorded, hundreds of them have been reported and maybe more that have not been reported, especially the ones where someone accidentally got killed, IYKYK. This path is the wrong one, you can never enjoy the money you steal. Eventually, it will do more harm to you than you can imagine. So your friend is being naive. Give him these links, see how he reacts and then give the last one, then tell me what he says.