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by arduanika 290 days ago
CZ was a minor factor. Someone internal leaked the balance sheet.

Hindsight says, don't do fraud.

2 comments

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?