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What alarm bells, specifically? I didn't see it. He was someone who had passed through well-known institutions like MIT and Jane Street, with a family reputatio
by hackerlight 4y ago
What alarm bells, specifically? I didn't see it. He was someone who had passed through well-known institutions like MIT and Jane Street, with a family reputation he would have wanted to protect, had a team around him with known pedigree (which plays into them wanting to preserve their reputation), was obviously smart having been math olympiad as a kid, and talked the talk of Bill Gates-esque altruism. I found FTX and SBF less suspicious than all the other crypto personalities, at least.
- cr__ 4y agoOne alarm bell for me was that he was pitching a product that is a Ponzi scheme that doesn’t bear any scrutiny.
- hackerlight 4y agoHow did you know it was a Ponzi before this info came out? Looked like a regular crypto exchange to me.