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by paulpauper 294 days ago
yeah, had CZ not made those tweets... He only had to weather another 2 months of the BTC bear market. BTC began to rebound in Jan 2023. Of course hindsight is 20-202
1 comments

CZ was a minor factor. Someone internal leaked the balance sheet.

Hindsight says, don't do fraud.

Fraud is only called fraud if you get caught and defraud the wrong people. Corporation-on-consumer fraud is generally OK and a lot of businesses we consider "legitimate" do it as standard practice. Fraud against investors and "the rich" can still be papered over and forgotten if everyone ends up richer in the end. SBF just got unlucky.
Or hide it better?