[scotcha1]

I think the assumption you're making is:

1) SBF cared about traditional rules of banking/finance

2) SBF cares about doing things the 'right way'

He may have been doing it purposefully wrong, or he may have just wanted to do it as fast as possible ("Move Fast and Break Things") and so he skipped the requesite steps to get to what he wanted done, faster.

Not a justification for his actions, but simply why he may have done it

[blitzar]

> 1) Crypto cared about traditional rules of banking/finance

They do not - they actively reject such rules

> 2) Crypto cares about doing things the 'right way'

In crypto, the "right way" is the way that you make money - the "right way" is also the traditional way.