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0 pointstpxl3y ago0 comments

> One question is what was in the agreement for FTX users? Can FTX use deposits for investments and to fund his other businesses?

I doubt you can just put that in the ToS and EULA.

> In my view the path to prison for SBF is likely to come in the form of misleading investors rather than customers

This isn't like Theranos, there is clear and provable monetary harm that was done.

0 comments

trident50003y ago

"monetary harm" isnt a broken law. Im wondering what the specific rules are that he broke that could land him in jail for mismanaging customer funds. Its an odd case because the space has little regulation.

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0 pointstpxl3y ago0 comments

> One question is what was in the agreement for FTX users? Can FTX use deposits for investments and to fund his other businesses?

I doubt you can just put that in the ToS and EULA.

> In my view the path to prison for SBF is likely to come in the form of misleading investors rather than customers

This isn't like Theranos, there is clear and provable monetary harm that was done.

0 comments

trident50003y ago

j / k navigate · click thread line to collapse