If only Sam wasn't caught, then he'd have more than enough to refill what he stole, ironic.

JumpCrisscross 8 hours ago | parent | next [-]

> If only Sam wasn't caught

They levered into wrong-way bets into the crypto winter while stealing the money for yachts and effective-altruism philanthropy and political donations. This wasn’t a Madoff-type leak and confession. Their risk setting didn’t permit a world in which they didn’t blow up.

	▲	reisse 7 hours ago \| parent [-]
		I'd argue the money spent for yachts and donations were a drop in the ocean compared to what they burned via Alameda and lack of whatsoever accounting.

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dolphinscorpion 7 hours ago | parent | prev | next [-]

Nah, he would've spent more and more and more.

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7 hours ago | parent | prev | next [-]

[deleted]

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jknoepfler 8 hours ago | parent | prev [-]

Whether that would constitute restitution or furtherance of a Ponzi scheme is open for debate, I guess...