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onlyrealcuzzo
on Nov 11, 2022
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FTX to file for U.S. bankruptcy, CEO resigns
Several million dollars is a lot of money - but not sizable compared to $16B.
If he siphoned off even 1% ($160M+)- you can bet he's going to lose it in bankruptcy proceedings.
meetingthrower
on Nov 11, 2022
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10% is $1.6B. Only needs 1% for $160M. .1% for $16M. Which is still generationally rich. Yeah, I think he would have taken that out right?
systemicdanna
on Nov 11, 2022
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10-20% is not $160M+, it's $1.6B+.
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If he siphoned off even 1% ($160M+)- you can bet he's going to lose it in bankruptcy proceedings.