Re:Why Hasn’t Sam Bankman-Fried Been Arrested Yet?
by lazide on Saturday December 03, 2022 @01:43AM
(#33841294)
If you promise one thing, take their money, and then do another thing and it ends up in your pocket somewhere (which seems to have happened), then that’s fraud or embezzlement, depending.
This is the whole thing with "what if a bank but without the regulations?"