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by dahdum 1307 days ago
These foundations and charities were willing participants of SBF's PR campaign, but they're constantly being used for such purposes. Expecting them to unravel his complex, opaque, international fraud before accepting grants is a hard ask. Hell, Gensler's team was meeting with FTX to write regulations while freezing out other crypto companies. SBF had been anointed.

Still, while victims of his fraud, they are certainly lower in standing than almost everyone else.