It's always interesting to consider that Madoff employed close to a hundred people. Many of whom absolutely either in on it or basically a turned a blind eye to what they saw.
Just normal people waking up every day, having their coffee, and going to work for a Ponzi scheme. Just like software engineers go to work for cryptocurrency companies.
The nature of the scam has change. The whole crypto investment fraud scheme is a different flavour of financial fraud but it's not significantly different. Promises of insane returns and no questions asked about where they come from.
There's going to be a reckoning in the software ethics after this whole crypto investment scheme implodes and the truth is laid bare about the crypto cartels manipulating prices this whole time.
The biggest lie in finance is that "this time it's different".
And instead of accountants cooking the books, now we have software developers doing exactly the same thing but in code.
History doesn't repeat itself, but it rhymes. And this is all going to end very badly.
And instead of accountants cooking the books, now we have software developers doing exactly the same thing but in code.
History doesn't repeat itself, but it rhymes. And this is all going to end very badly.
A word to wise engineers: Don't find yourself on the wrong side of history in enabling an enormous global financial fraud. It's hard to live with that personally and professionally it's even worse.
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