3 is SBF's equivalent of Madoff's split-strike conversion. A strategy that can make a little bit of money that a fraudster uses to claim to be making a lot of m

3 is SBF's equivalent of Madoff's split-strike conversion. A strategy that can make a little bit of money that a fraudster uses to claim to be making a lot of money. And just like Madoff nobody questioned it until it all came crashing down.