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Bad corporate culture is not always a crime in and of itself, but it does encourage crime. If a company has bad corporate culture, you can find crimes associate
by csours 4y ago
Bad corporate culture is not always a crime in and of itself, but it does encourage crime. If a company has bad corporate culture, you can find crimes associated to that culture.
I will also say that many people in crypto did not want to look down and see that they were standing on air. This does not excuse FTX or SBF. They had lawyers that told them to implement corporate controls and they ignored that advise.
- jeremyjh 4y agoNo, this isn't just bad culture. This is FTX saying "trade on our exchange, and your funds will be held only in the coins they are recorded in. We will not make investments with your funds." This is the promise and expectation of every brokerage account. It was a lie, and the investment of their customer's funds into their own investment fund is simply theft.