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It wasn't a crypto investment for the mums and dads! That's the whole issue. They were treasuries - holdings that shouldn't have been at risk. SBF and his assho
by Sporktacular 4y ago
It wasn't a crypto investment for the mums and dads! That's the whole issue. They were treasuries - holdings that shouldn't have been at risk. SBF and his asshole friends dipped into them to close positions and shore up riskier trades made by another company Alameda.
People rush to simplify here with 'there are no angels" arguments. It doesn't matter that it was crypto. Those funds were stolen.