Frank founder allegedly defrauded JPMorgan out of $175M hit with federal charges

Re:Frank founder allegedly defrauded JPMorgan out of $175M h... by mbesto on Tuesday April 04, 2023 @02:26PM (#35443963)

> it creates an externality we all have to deal with - we're basically subsidizing their credulousness by getting defrauded.

No one made you buy crypto on FTX. You have to do your own diligence.

> It seems like they've just priced it in

Ding. Ding.

[ Parent | on HN ]

Re:Frank founder allegedly defrauded JPMorgan out of $175M h... by maxbond on Tuesday April 04, 2023 @02:32PM (#35444031)

My mistake, I thought you were interested in a discussion about interesting topics, I see you're more interested in being patronizing on the internet. That's not really what I'm here for, so take care.

[ Parent | on HN ]

Re:Frank founder allegedly defrauded JPMorgan out of $175M h... by mbesto on Tuesday April 04, 2023 @06:30PM (#35446717)

You made a bold and unfounded statement:

> it creates an externality we all have to deal with - we're basically subsidizing their credulousness by getting defrauded.

and I commented on why I thought it was wrong (e.g. "you don't have to deal with these externalities unless YOU choose to"). How is that not a discussion?

> That's not really what I'm here for, so take care.

Yet, you still responded...hence, discussion.

Sheesh, tough crowd.

[ Parent | on HN ]