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Re:Founder of crypto lender Celsius Network arrested, charge... by tmpz22 on Thursday July 13, 2023 @12:34PM (#36711959)
But how much does our industry get to claim unintentional?

Were we incompetent? Naive? Uninformed? Blinded by good intentions, optimism, greed?

If celebrities who endorsed ftx are now in hot water - should tech influencers such as major VC firms also be held liable?

Re:Founder of crypto lender Celsius Network arrested, charge... by wpietri on Thursday July 13, 2023 @12:38PM (#36712035)
Entirely fair questions.

I said unintentional because a lot of the same factors were helpful for the tech industry and we as an industry just blithely accepted their continuance. That includes the VC money spigots for sure.

But there are plenty of actors, specific VCs included, where I have a hard time believing they didn't know better. In my view it was certainly their job to know better.

Re:Founder of crypto lender Celsius Network arrested, charge... by NegativeLatency on Thursday July 13, 2023 @12:35PM (#36711983)
Very much intentional, especially after the first couple rounds of fraud/theft/bad behavior, it's obvious that the downsides and risks were known, but the promotion of the tech kept being promoted.