Accountability goes south when a perp gets props from the mark
Accountability for wrongdoing in America is in poor supply these days, regardless of where you look. From politics to entertainment and sports, and even in our own communities, people are committing crimes and violating social norms at will and without what used to be standard repercussions. For example, if you follow the world of decentralized finance (DeFi), you are hearing and reading about an ever increasing number of DeFi-focused crimes that are often worth hundreds of millions of USD. The media does a good job of reporting these crimes, but doesn’t seem as keen to report the arrests related to them.
CEO of the Alacer Group. Sharing the latest news in financial crimes and best practices that enable financial institutions to prevent money laundering.