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To me the biggest red flag is the comment about a "run on the bank." He was never running a bank, but an exchange, and seems unaware of this! He had no right to
by _yb2s 4y ago
To me the biggest red flag is the comment about a "run on the bank." He was never running a bank, but an exchange, and seems unaware of this! He had no right to do anything but store the exact amount of each transaction, in the exact quantity and form it was made in.
Banks are insured against runs, that's kind of the definition and point of a bank in modern times.
Also, this supposed "theft" by an "ex employee" is obvious bullshit also. No way they made it possible for even the most compromised ex employee to keep the crypto keys, and if they had, they would have taken the money before FTX crashed. He's not dumb enough to believe that story, so the only possible explanation is that the thief is SBF himself.