I have to say that I don’t find these reasons especially convincing. It might help if you clarified exactly who you were speaking for and what you mean by the short-term, i.e., days or weeks?
Legal risk. I am assuming that you are not suggesting that any of these figureheads have done anything illegal. In which case the risk here is a reputational one: they don’t want their words dragged into legal proceedings. But that seems like a nebulous possibility, and legal cases like this can take years in any case. Surely you are not saying that they won’t address the subject of FTX or SBF over that entire span lest a lawyer quote them? Or am I misreading you somehow?
Lack of information. I agree there’s still uncertainty, but there is certainly enough information for the the movement to assess its position and to take action. SBF and an inner circle at FTX/Alameda committed a fraud whose basic contours are now well-known, even if the exact timeline, motivations and particulars are not yet filled in. As this forum proves, that raises some blindingly obvious questions about the governance, accountability and culture of the movement.
People are busy. People are always busy, and saying ‘I’m too busy’ generally means ‘I’m choosing not to prioritise this’. It’s not an explanation so much as a restatement of an unwillingness to speak.
To be clear, I am not writing this because I think the leadership should try and set out a comprehensive position on the debacle as soon as possible. I don’t think that.
Legal risk. I am assuming that you are not suggesting that any of these figureheads have done anything illegal. In which case the risk here is a reputational one: they don’t want their words dragged into legal proceedings. But that seems like a nebulous possibility, and legal cases like this can take years in any case. Surely you are not saying that they won’t address the subject of FTX or SBF over that entire span lest a lawyer quote them? Or am I misreading you somehow?
I think you’re underestimating how messy being dragged into a court case is—even if you’re totally innocent, there can be significant time, emotional, and energy costs, courts aren’t perfect at distinguishing truth from falsehood, bankruptcy cases are messy and money can be clawed back, etc etc. I think that taking this seriously is extremely reasonable, regardless of whether you’ve done something illegal!
I have to say that I don’t find these reasons especially convincing. It might help if you clarified exactly who you were speaking for and what you mean by the short-term, i.e., days or weeks?
Legal risk. I am assuming that you are not suggesting that any of these figureheads have done anything illegal. In which case the risk here is a reputational one: they don’t want their words dragged into legal proceedings. But that seems like a nebulous possibility, and legal cases like this can take years in any case. Surely you are not saying that they won’t address the subject of FTX or SBF over that entire span lest a lawyer quote them? Or am I misreading you somehow?
Lack of information. I agree there’s still uncertainty, but there is certainly enough information for the the movement to assess its position and to take action. SBF and an inner circle at FTX/Alameda committed a fraud whose basic contours are now well-known, even if the exact timeline, motivations and particulars are not yet filled in. As this forum proves, that raises some blindingly obvious questions about the governance, accountability and culture of the movement.
People are busy. People are always busy, and saying ‘I’m too busy’ generally means ‘I’m choosing not to prioritise this’. It’s not an explanation so much as a restatement of an unwillingness to speak.
To be clear, I am not writing this because I think the leadership should try and set out a comprehensive position on the debacle as soon as possible. I don’t think that.
I think you’re underestimating how messy being dragged into a court case is—even if you’re totally innocent, there can be significant time, emotional, and energy costs, courts aren’t perfect at distinguishing truth from falsehood, bankruptcy cases are messy and money can be clawed back, etc etc. I think that taking this seriously is extremely reasonable, regardless of whether you’ve done something illegal!