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A comment on FTX’s Collapse Was a Crime, Not an Accident. Parent comment

Re:FTX’s Collapse Was a Crime, Not an Accident by BobbyJo on Wednesday November 30, 2022 @06:40PM (#33809710)
The day the "too dumb" defense works is the day we can open all the cell doors and close down the prisons, because that's everyone's defense.
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Re:FTX’s Collapse Was a Crime, Not an Accident by chx on Wednesday November 30, 2022 @06:42PM (#33809725)
There's more to it being a defense:

> Delinquents and criminals average IQ scores 8 to 10 points lower than noncriminals, which is about one-half a standard deviation. IQ and criminal behavior are negatively correlated at about r = -. 20 (Hirschi and Hindelang; Wilson and Herrnstein).

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Re:FTX’s Collapse Was a Crime, Not an Accident by noduerme on Wednesday November 30, 2022 @06:46PM (#33809782)
Did they adjust for dumber criminals being more likely to be caught?
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Re:FTX’s Collapse Was a Crime, Not an Accident by bigDinosaur on Wednesday November 30, 2022 @07:19PM (#33810236)
How does one adjust for uncaught criminals?
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Re:FTX’s Collapse Was a Crime, Not an Accident by bombcar on Wednesday November 30, 2022 @07:42PM (#33810553)
Get a control group of smart people and have them start doing crimes and see if they get caught.

We call this “financialization”.

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Re:FTX’s Collapse Was a Crime, Not an Accident by totalZero on Wednesday November 30, 2022 @09:18PM (#33811447)
Elapsed time between crime and capture might be a good regressor.
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Re:FTX’s Collapse Was a Crime, Not an Accident by Nasrudith on Thursday December 01, 2022 @01:39AM (#33813093)
Chronic unsolved crimes gets some of it at least. If say, thirty percent of murders are cold cases then you know they aren't all getting caught. Other constraints would hint at the possible count potential murderers. If two people are killed on the same day two days of travel apart then you have at least two murderers.

That doesn't help with estimating levels of non-detected crimes of course.

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Re:FTX’s Collapse Was a Crime, Not an Accident by oblio on Thursday December 01, 2022 @09:48AM (#33816912)
> Bankman-Fried attended Canada/USA Mathcamp, a summer program for mathematically talented high-school students. He attended high school at Crystal Springs Uplands School in Hillsborough, California. From 2010 to 2014, Bankman-Fried attended the Massachusetts Institute of Technology. There, he lived in a coeducational group house called Epsilon Theta. In 2014, he graduated with a bachelor's degree in physics and a minor in mathematics.

There's no way he can plead stupidity.

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