> The whole point is to protect the blameless depositors, right? No. Otherwise people who lose their belongings to theft would be reimbursed by the government.

> The whole point is to protect the blameless depositors, right? No. Otherwise people who lose their belongings to theft would be reimbursed by the government. > What matters is avoiding financial calimity brought by the consequences of people's own choices. If FTX depositors can show that their losses mean that businesses will have to shut down, then they can probably twist the arm of politicians to make them whole with taxpayer funds. If they can't, then they're SOL like the rest of us.