I currently think we morally owe back around $1.5M
This might be morally accurate, but perhaps you shouldn’t be saying it online in case it emboldens people to sue you looking to claw back lots of money related to this case? I’m wondering if there’s a group of attorneys analogous to ambulance-chasers but for the FTX scandal.
Yeah, I thought about my policy here for a few hours and talked to some of the relevant stakeholders about the tradeoffs here (like our fiscal sponsor CFAR) and made a conscious decision to talk about this specific thing.
I currently think the incentives don’t really change that much, and I am willing to not pay that money back if someone is trying to do something extortive, though yeah, even the game theory of talking about this stuff feels kind of messy and makes me sad.
I appreciate Lightcone’s willingness to mention its potential legal and ethical clawback exposure to prospective donors. (At the same time, I recognize there could potentially be valid reasons for other organizations not to do so in certain circumstances.)
This might be morally accurate, but perhaps you shouldn’t be saying it online in case it emboldens people to sue you looking to claw back lots of money related to this case? I’m wondering if there’s a group of attorneys analogous to ambulance-chasers but for the FTX scandal.
Yeah, I thought about my policy here for a few hours and talked to some of the relevant stakeholders about the tradeoffs here (like our fiscal sponsor CFAR) and made a conscious decision to talk about this specific thing.
I currently think the incentives don’t really change that much, and I am willing to not pay that money back if someone is trying to do something extortive, though yeah, even the game theory of talking about this stuff feels kind of messy and makes me sad.
I appreciate Lightcone’s willingness to mention its potential legal and ethical clawback exposure to prospective donors. (At the same time, I recognize there could potentially be valid reasons for other organizations not to do so in certain circumstances.)