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> If FTX investors, customers, and watchers of the crypto space did not catch what FTX and SBF were doing until the shit hit the fan, what kind of due diligence
by TacticalCoder 4y ago
> If FTX investors, customers, and watchers of the crypto space did not catch what FTX and SBF were doing until the shit hit the fan, what kind of due diligence can we reasonably expect of these recipients that would’ve alerted them to something being wrong here?
About two minutes of googling would have come up with the fact that one of their top executive was linked to the biggest online poker scandal.
Now, granted, that information required two minutes and not 30 seconds to be found because the first few pages of results would be NY Times pieces and their ilk pumping the FTX scam "because altruistic democrats donor".
A lot of people have been, at the very least, turning a very blind eye here.
Now is not the time to say it's "unreasonable" to do two minutes of googling.
- robertlagrant 4y agoThey did, at least some of it. https://www.youtube.com/watch?v=C6nAxiym9oc https://www.youtube.com/watch?v=C6nAxiym9oc