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by threeseed 1294 days ago
As a professional investor, if you invested money in FTX it is expected that you know the risks.

No one reasonably expected Fyre Festival to turn out the way it did.

2 comments

That might be a reasonable expectation if FTX only allowed deposits by accredited investors, but I don’t think “professional investors” were the target audience of their Super Bowl ads starring Tom Brady.

https://youtu.be/uymLJoKFlW8

Wow. What does being "in" even mean in this context?
Investing in cryptocurrencies via FTX / participating in the get rich quick scheme
Same can be said of all Ponzi scheme, that doesn’t make the crimes less severe or the harm caused to the innocent any less painful, and it certainly doesn’t mean that the criminals should be able to escape justice.
I never said that criminals should escape justice.

Just saying that if you invest money in a stock you should expect that you may lose that money.