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WIRED: Sam Bankman-Fried Is a Terrible Clientwww.wired.com/story/sam-bankman-fried-trial-terrible-client/
159 sats \ 2 comments \ @JReeCoin 3 Oct 2023 meta
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0 sats \ 1 reply \ @orthzar 3 Oct 2023
“I don’t know that I’d want to be on the stand having to make the case that I’m an idiot.”
If he were to say, "FTX failed because I'm stupid," then he would be admitting that he offered financial services/assets without understanding and disclosing the risks -- he would be admitting that he was criminally negligent.
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0 sats \ 0 replies \ @JReeCoin OP 3 Oct 2023
Allegrante is really dusturbed here. Perhaps they should shift the blame to Sam's girlfriend, the Alameda Research CEO. Under her watch, customers' deposits were blown...
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