Re:Exec who cleaned up Enron calls FTX mess 'unprecedented'
by anonymoushn on Friday November 18, 2022 @02:52PM
(#33661070)
This plan ends up being a more complicated version of just stealing customer funds though. And they just stole customer funds.
Making money on average requires actual competence. Creating a large profit variance with a small expected loss is much more straightforward and is normally a losing proposition.