> I believe that the events that led to the breakdown this month included: [...] In this letter, it's shocking to see him only blame market conditions and not

> I believe that the events that led to the breakdown this month included: [...] In this letter, it's shocking to see him only blame market conditions and not FTX's own choices like investing customer assets without consent. > In retrospect, I wish that we had done many many things differently. [...] It's equally shocking that he doesn't recognize other things they should have done, like: Proper accounting controls and audits, proper due diligence and risk management when investing in other companies (Alameda) and projects (various coins), separation between FTX and Alameda Research, separation between customer funds and corporate assets and SBF personal assets, oh and not lying to everyone.