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One thing that stands out is that SBF knows how to buy influence and was not shy in doing it. That paid off in spades. There are indications that government r
by jandrese 4y ago
One thing that stands out is that SBF knows how to buy influence and was not shy in doing it. That paid off in spades. There are indications that government regulators knew he was a total fraud but were willing to look the other way because he was too influential.
His big mistake was making an enemy that was sitting on enough fake token to crash the exchange. Had SBF stayed on good terms with Changpeng Zhao FTX would still be around today and could probably have survived for many years.