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As a professional investor, if you invested money in FTX it is expected that you know the risks. No one reasonably expected Fyre Festival to turn out the way i
by threeseed 4y ago
As a professional investor, if you invested money in FTX it is expected that you know the risks.
No one reasonably expected Fyre Festival to turn out the way it did.
- ladon86 4y agoThat might be a reasonable expectation if FTX only allowed deposits by accredited investors, but I don’t think “professional investors” were the target audience of their Super Bowl ads starring Tom Brady. https://youtu.be/uymLJoKFlW8 https://youtu.be/uymLJoKFlW8
- seattle_spring 4y agoWow. What does being "in" even mean in this context?
- rvba 4y agoInvesting in cryptocurrencies via FTX / participating in the get rich quick scheme
- runarberg 4y agoSame can be said of all Ponzi scheme, that doesn’t make the crimes less severe or the harm caused to the innocent any less painful, and it certainly doesn’t mean that the criminals should be able to escape justice.
- threeseed 4y agoI never said that criminals should escape justice. Just saying that if you invest money in a stock you should expect that you may lose that money.