The idea that SBF didn’t know what was happening is farcical. You don’t unknowingly loan out $10bn of customer funds, which you then lose on bad bets, and then try and cover up your insolvency. I think it’s healthy to wait for a clearer picture of what happened before making any summary judgement, but we know enough to say that SBF was not an honest actor.
The idea that SBF didn’t know what was happening is farcical. You don’t unknowingly loan out $10bn of customer funds, which you then lose on bad bets, and then try and cover up your insolvency. I think it’s healthy to wait for a clearer picture of what happened before making any summary judgement, but we know enough to say that SBF was not an honest actor.