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by ericjmorey 651 days ago
This seems no worse than what Deutsche Ban and Wells Fargo have been caught doing. I think maybe his mistake was not doing this through corporate obfuscation at a large enough scale. Although Bankman-Fried and Madoff got punished with prison time, they threatened the wealthy with their fraud so steering clear of that has to be taken into account.
1 comments

Pretty much. If you're a billion dollar CEO we called this an "oopsie". It's only a crime if another billion dollar CEO chooses to fight.