The way this question is asked seems somewhat off to me, mainly because it carries hidden assumption which indirectly create a narrative around this event (and this narrative naturally evokes a strong emotional response and might cloud thinking).
That being said, if it turns out that FTX violated its terms of agreement and thus billions of investments were lost, I wish that FTX Fund grantees would at least briefly consideredthe complicated moral questions of their next actions. However, if FTX truly becomes insolvent, there’s nothing that can be done which would result in an adequate fraction of people’s savings being returnered.
The way this question is asked seems somewhat off to me, mainly because it carries hidden assumption which indirectly create a narrative around this event (and this narrative naturally evokes a strong emotional response and might cloud thinking).
That being said, if it turns out that FTX violated its terms of agreement and thus billions of investments were lost, I wish that FTX Fund grantees would at least briefly considered the complicated moral questions of their next actions. However, if FTX truly becomes insolvent, there’s nothing that can be done which would result in an adequate fraction of people’s savings being returnered.