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SBF sold a portion of his shares in the company for $300M instead of selling other outstanding shares. This meant he got to cash out before investors which is f
by tppiotrowski 4y ago
SBF sold a portion of his shares in the company for $300M instead of selling other outstanding shares. This meant he got to cash out before investors which is frowned upon because it signals that SBF believed that a $300M investment in another place was more valuable than keeping his $300M invested in FTX.
- AustinDev 4y agoI wouldn't say it's frowned upon. I think that determination depends on the context.