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by gamache 983 days ago
Mastodon link: https://hachyderm.io/@molly0xfff/111195068493652179
1 comments

I always imagine large scale financial fraud as something requiring a great amount of financial expertise. Seeing this code snippet is surreal.
It's the large scale financial fraud that aren't caught which requires a great amount of financial expertise.
You should check out "Madoff: the Monster of Wall Street" on Netflix, which struggles to dramatize the actual operation of his scam because the reality of it was so incredibly simplistic.
> reality of it was so incredibly simplistic.

the reality of it boiled down to “Madoff was too big and important for anyone to dare question”.

Yes, the fraud itself was extremely simple, but I also highly doubt that a random noname like SBF could have pulled that off at the time. You really had to be someone. Someone the SEC didn’t want to touch.

Hey, they used numpy.random.normal, it at least appears credible.