a) FTX hiring Dan Friedberg as chief regulator officer (a literal straight up criminal conspirator from the Ultimate Bet superusing scam , we have the tapes!)
b) the existence of Alameda Research (there’s a reason why no one lets the NYSE or Nasdaq run a hedge fund on the side!)
Can you say what specifically made you suspicious they were misusing customer money?
my personal red flags were
a) FTX hiring Dan Friedberg as chief regulator officer (a literal straight up criminal conspirator from the Ultimate Bet superusing scam , we have the tapes!)
b) the existence of Alameda Research (there’s a reason why no one lets the NYSE or Nasdaq run a hedge fund on the side!)
c) everyone involved being a utilitarian