There has been immense focus around SBF and FTX, rightfully so; depositor claim against him is the greatest..something like $16 to $20 billion. What's a bit concerning to me (or maybe I'm missing the mark?) is I don't see the same focus/intensity around any of the blockfi exec members?
BlockFi also lost at least $1 billion in depositor funds. Granted this was via their trading desk lending depositor funds to Alameda but WTF was blockfi doing lending depositor funds to anyone?
To me blockfi/ftx/gemini/genesis..it's all the same. They took depositor funds, made risky investments, and went to zero.
Is there any attempt from the SEC or regulatory authority to hold entities outside of FTX accountable? or are we just going to...let them walk...
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