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I see a disturbing trend in your posts: you seem to want to place the blame anywhere but on SBF's shoulders, where it rightfully belongs. Exchanges shouldn't b
by kelnos 2y ago
I see a disturbing trend in your posts: you seem to want to place the blame anywhere but on SBF's shoulders, where it rightfully belongs.
Exchanges shouldn't be like banks. FTX should have had customer assets on hand to return, no matter what. That's how regulated exchanges are supposed to work. But this is crypto-land, where nobody does the right thing.
- yieldcrv 2y agoalthough I agree because SBF shouldn't have been running the exchange like this at all the truth is that in the US none of this gets prosecuted while people are making money, or being reimbursed as a remedy at the company's own volition. very few exceptions, you basically have to piss off a completely different industry, like bragging about raising drug prices instead of silently like everyone else, for prosecutors to search for improper accounting to nail you with.