SBF took money from rich people and nearly lost it.

Zuck made money for rich people.

Criminal culpability must always filter through this lens.

In a just world Zuckerberg would already be talked of only in past tense. This reality will get flagged/killed without a single Meta employee/astroturfer who does the flagging providing a justification as to why this isn't true.

I think what social media companies are doing is both immoral and criminal. In a just world this behavior would count as a crime against humanity and the people responsible would be tried in a court of law accordingly. In a just world we would have strong consumer protection laws which would protect users against the behavior your parent described. And consumer protection agencies would shut these companies down before they were able to cause this much harm, The worst offenders like Zuckerberg would be criminally charged and go to prison.