With all the SBF astroturfing going on, it’s important to remember what the fraud was.
SBF said customer deposits were not lent out. This was untrue, he knew it was untrue, and it was in pursuit of financial gain. Fraud. Insolvency was not the crime, and never was.
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With all the SBF astroturfing going on, it’s important to remember what the fraud was.
SBF said customer deposits were not lent out. This was untrue, he knew it was untrue, and it was in pursuit of financial gain.
Fraud. Insolvency was not the crime, and never was.