Enlogen
Enlogen t1_j1iw7az wrote
Reply to comment by manfromfuture in Judge kept cooperation of Alameda CEO, FTX co-founder a secret so Sam Bankman-Fried wouldn’t get spooked and fight extradition by ihavestrings
They don't need new regulation for crypto, it's not something new or special, it's just a security with extra steps.
Enlogen t1_j1iwgt7 wrote
Reply to comment by manfromfuture in Judge kept cooperation of Alameda CEO, FTX co-founder a secret so Sam Bankman-Fried wouldn’t get spooked and fight extradition by ihavestrings
> did they have the same fiduciary responsibility as a bank or brokerage
Not relevant. They had the duty to follow through on contractual agreements with users, but they never had any intention of holding up their end of the agreement. Any profit based on lies is criminal fraud.