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A comment on Two Executives in Sam Bankman-Fried’s Crypto Empire Plead Guilty to Fraud. Parent comment

Re:Two Executives in Sam Bankman-Fried’s Crypto Empire Plead... by michaelcampbell on Sunday December 25, 2022 @12:20PM (#34128967)
> doing crypto arbitrage.

They were, but arbitrage can only last so long and theirs ran out. They were convinced of their own genius I think which is what got them on the FTX train.

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Re:Two Executives in Sam Bankman-Fried’s Crypto Empire Plead... by fnands on Wednesday December 28, 2022 @03:55AM (#34158974)
Agreed. I am just fascinated by the fact that they made an few million easily, and instead of rolling that into something productive they went for fraud.
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