3 ms·
The VC money backing SBF deserves the loss for not putting the default clause into their A raise to force a professional audit within 18 months of the raise. T
by IG_Semmelweiss 3y ago
The VC money backing SBF deserves the loss for not putting the default clause into their A raise to force a professional audit within 18 months of the raise.
The sad part is the depositors that got caught in this mess.
If SBF was not a trading platform, but say, a medical device company, this story would have had a much more palatable set of victims.