Also, I suggest applying some Bayesianism: if FTX had not touched customer funds, wouldn’t you expect to see FTX people defending against such accusations on Twitter and other media, e.g., replying to the tweet I linked and responding to journalists’ requests for comments? I’m not seeing anything like that.
FTX might be at a point where the general strategy is “Don’t say anything for legal reasons” even if there are arguments worth to be made in its defense.
What about this WSJ story?
Also, I suggest applying some Bayesianism: if FTX had not touched customer funds, wouldn’t you expect to see FTX people defending against such accusations on Twitter and other media, e.g., replying to the tweet I linked and responding to journalists’ requests for comments? I’m not seeing anything like that.
FTX might be at a point where the general strategy is “Don’t say anything for legal reasons” even if there are arguments worth to be made in its defense.