I'm also struggling to understand. Maybe he actually didn't broke any law ? After all, it's all a network of shell companies in banana republics, and maybe it

I'm also struggling to understand. Maybe he actually didn't broke any law ? After all, it's all a network of shell companies in banana republics, and maybe it was all in the small print ? Like this little gem in Coinbase terms, mentioning that your crypto assets are not really yours in case of bankruptcy and can be considered as assets used to pay debts ? (don't remember the exact wording, but that's the idea). A better question is why people gave / put so much money on an exchange run by kids through a net of shell companies in banana republics ? Why people are still putting so much money in Binance ? Tether ? If they disappear tomorrow with all the money - will any law be broken ? I'm not so sure actually - they don't even have official headquaters ! It's red flags everywhere, and yet, once it's over people will sure be angry about loosing all their money.