This reminds of a concept from a partially-discredited researcher on patterns of deceit and human nature. Here, we basically have 2 parties completing a deceit,

This reminds of a concept from a partially-discredited researcher on patterns of deceit and human nature. Here, we basically have 2 parties completing a deceit, FTX grants excessive financial privileges to related party Alameda which then does things with the money FTX never could do itself. So the objective to move money to unrelated parties was effectuated using 2 related parties so each only needed to go halfway to a blatant in-your-face wrong that would have made even this crowd queasy in the first instance. Where this gets interesting, and where the cynic smiles at their naïveté, is, thank goodness they didn't build more actors into this pipeline. Because while the research was somewhat discredited, I still think it's about right that with each participant covering 50% of the way to a fraud, you have indictments, but when each participant covers only say, 15% of the distance you instead have a shady little cottage industry.