Re:IRS Files $44B Claims Against Bankrupt FTX
by tombert on Thursday May 11, 2023 @07:30PM
(#35909778)
Sure, I don't think I ever disputed the fact that I should have done more due diligence, and I feel like I've mentioned that fact multiple times now.
However, I do think Gemini/Genesis and SBF were deliberately obfuscating the risk to make these investments seem less risky, and obviously I have the right to be mad at SBF for outright stealing my money.
Was 7% in 2021 too good to be true? Yes, obviously, in hindsight it was, but that pays no bearing on whether or not I was robbed.
However, I do think Gemini/Genesis and SBF were deliberately obfuscating the risk to make these investments seem less risky, and obviously I have the right to be mad at SBF for outright stealing my money.
Was 7% in 2021 too good to be true? Yes, obviously, in hindsight it was, but that pays no bearing on whether or not I was robbed.