[legitster]

Contrary to popular belief, being an idiot is not a crime.

Evidence seems to be pointing towards SBF being incompetent, not a criminal.

[nberkman]

> It is now clear that what happened at the FTX crypto exchange and the hedge fund Alameda Research involved a variety of conscious and intentional fraud intended to steal money from both users and investors [...] [T]he funds were sent to the intimately linked trading firm Alameda Research, where they were, it seems, simply gambled away. This is, in the simplest terms, theft at a nearly unprecedented scale

https://www.coindesk.com/layer2/2022/11/30/ftxs-collapse-was...

[ceejayoz]

“Criminally negligent” can be a thing, and I strongly suspect SBF/FTX crossed well over the line into wire fraud at the very least.

[ohbtvz]

Using your clients' invested money to bail out your unrelated company is not a crime?

[kayamon]

Humans like spending other folks money for them without their permission.

[irusensei]

Even if that’s the case (which is not) negligence is considered a crime in the brave new world of world finance.

[ctvo]

Where did you get your legal training?