FTX’s Collapse Was a Crime, Not an Accident
- Article
- Nov 30, 2022
- #Cryptocurrency
Sam Bankman-Fried is a con man and fraudster of historic proportions. But you might not learn that from the New York Times, CoinDesk's Chief Insights Columnist David Z. Morris write...
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Balaji Srinivasan @balajis
·
Dec 1, 2022
Strong piece by @davidzmorris. Credit where due. One comment: the term "collapse" implies FTX was once flying high and then fell. But we don't know when SBF started stealing from customers. Could be early on. If there was never any equity value, it was fraud not collapse.