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by CPLX 876 days ago
It seems pretty easy to figure out why taking the equivalent of a hundred million wallets creates more misery than taking one of them right.
1 comments

A large number of people, less than the “hundred million” that you mention (Wikipedia says FTX had “over one million” customers [0]) lost their highly speculative investment. Yes it’s a crime, and yes it’s serious. All I’m asking for is some nuance.

[0]: https://en.m.wikipedia.org/wiki/FTX

What’s the nuance, that if someone makes a “speculative investment” they deserve to have the money stolen more than if they walk down a “risky alley” or something?