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by StressedDev 964 days ago
RE: What should he have done instead?

Here is what he should have done:

1. Sam Bankman-Fried SHOULD NOT HAVE STOLEN CUSTOMER MONEY.

2. Sam Bankman-Fried should have been honest.

3. FTX should have kept excellent records. FTX was notorious for its bad record keeping. Also, its poor record keeping meant it was not sure how much money it had and it was not sure which money it owned and which money its customers owned.