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A comment on Founder ran FTX as “personal fiefdom”; many assets stolen or missing.

Re:Founder ran FTX as “personal fiefdom”; many assets stolen... by zxcvbnm on Wednesday November 23, 2022 @07:42PM (#33726469)
Aren't all founders doing this on some level?
[ Parent | on HN ]
Re:Founder ran FTX as “personal fiefdom”; many assets stolen... by autotune on Wednesday November 23, 2022 @10:49PM (#33727612)
Most bank founders don’t directly dip into customer funds to the point of bankruptcy, and if they do, the FDIC has an insurance policy for each customer, at least up to $250k.
[ Parent | on HN ]