2 ms·
I agree completely. Legally the shareholders of FTX are well shielded by limited liability. But morally they managed to aid and abet huge fraud. People shoul
by LatteLazy 4y ago
I agree completely.
Legally the shareholders of FTX are well shielded by limited liability. But morally they managed to aid and abet huge fraud. People should have done their research before trusting FTX. But it is also very poor for Sequoia etc to have given FTX (and SBF himself) such strong endorsements with apparently zero actual knowledge of the business.
Full disclosure: I am one of those little guys who learnt the hard way "not my keys, not my crypto". No excuses, I was dumb and lost my money.