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Re:A software change allowed FTX to use client money by echelon on Tuesday December 13, 2022 @08:07PM (#33978668)
> Are programmers expected to know finance law?

Working on fintech and transaction rails? Probably. I had to know regulations when I worked in fintech. Plus, you don't have to know the law to be found guilty of breaking it.

The engineers working on this are innocent until proven guilty, but you'd better believe all internal comms, meeting notes, and commit messages will be scrutinized.

Someone had to ask for the system to behave this way, and that will have produced certain artifacts.

Engineers with knowledge may be cut deals to testify against the bigger players.

Re:A software change allowed FTX to use client money by jacquesm on Wednesday December 14, 2022 @01:03AM (#33980506)
> Plus, you don't have to know the law to be found guilty of breaking it.

Precisely, ignorance is never a valid defense.

Re:A software change allowed FTX to use client money by eternalban on Tuesday December 13, 2022 @09:42PM (#33979388)
> The engineers working on this are innocent until proven guilty

I believe in due process [& friendship, too]. But alas for the engineers concerned, SBF does not:

https://www.businessinsider.com/ftx-collapse-bankman-fried-e...

"When asked to clarify whether they were both gone, Bankman-Fried said that Wang was "scared" and Singh was "ashamed and guilty" because FTX customers' deposits had been lost."

Isn't that a strange thing to say? Singh is the guy who made the change, per Reuters, and this snake knew that.