the question is, why did Wall Street fall for this scam, hook, line and stinker? #CoSoFinance https://www.marketwatch.com/story/sbf-and-ftx-peddled-a-crypto-fraud-that-makes-scammer-bernie-madoff-look-like-an-amateur-11673085722
That is a GOOD question. I guess no one wants to be first to say the emperor has no clothes.
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There was low risk to the money to be made, and there was the perennial US strategy of bailing out the RICH when they f*ck up