FTX and SBF back in the news

and not in a good way for SBF. About a one minute read.

Comment: the more I read about FTX the more apparent it is they were swimming in and misused client money. Doubtful FTX was ever profitable, how could it be? Staff and friends / family of staff were excessively compensated, no real financial controls, wouldn’t surprise me to read large sums of money were effectively stolen by unknown actors. SBF really needs to go down, and hard.