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by nyokodo 977 days ago
> You are basically suggesting that a fraud victim should be punished more than the money they lost

Their actions brought in more victims, and therefore investors ought to be wary of listening to them in future. They ought to be also punished by a hit to their reputation i.e. by being held partially responsible.

1 comments

They didn't "bring" in more victims, more victims joined in because they were lazy, just like most of the VC industry.
> more victims joined in because they were lazy...

They were lazy because they relied on the reputation of who was pushing for FTX, now their reputations won't be so rock solid. That's some justice.