That is not at all how it was and this is strangely similar to the (also untrue) astroturf narrative that got repeated about Martin Shkreli after he got imprisoned for fraud.

FTX users lost money to Alameda by Alameda being able to trade without collateral. He literally stole money from users of his exchange by allowing this.

It absolutely is not lack of rigor and discipline - He was dishonest about it.

> It absolutely is not lack of rigor and discipline - He was dishonest about it.

In a way, it's weaponised lack of rigour and discipline, which is the absolute easiest form of dishonesty to justify to yourself.