[nickff]

From what I’ve read, it’s not exactly clear that Madoff had a plan, it seems more like he lied to a few people about being able to make them a lot of money, and that snowballed into him taking a lot of “investments” that he didn’t know what to do with.

From what I’ve seen about SBF, it does seem like he has a very high risk tolerance, was betting big to win big, and thinking the reward was worth the risk.

[rmbyrro]

Yea, ponzi schemes start by accident. It requires no planning

[tim333]

Funnily enough if SBF hadn't been found out the investments probably would have recovered enough to cover the deposits and he'd still be a hero.

[Breza]

In the short term, sure, but SBF liked to make big risks and it seems inevitable that he would have been on the losing side of a bet that he'd made with money that was supposed to be safer than a treasury bond.

[Repulsion9513]

Tether, Terra, Circle, crypto lending

Heck it's almost like this describes crypto itself