49thDipper t1_j2374oc wrote
Reply to comment by quequotion in FTX diverted $200 million of customer money for two venture deals that caught the SEC’s attention by cloud_coder
I’ve thought about this too. Like the stories about fairly normal people that hit it big in the lottery and then are destitute and living on the streets in less than two years. It’s tragic but it’s their money that they made horrible decisions with. But to do this with other peoples’ money just blows my mind. Bernie Madoff did it in the most coldly calculating way. But this guy and the WeWork couple spent other peoples’ money like it was normal to buy jets and mansions instead of paying the electric bill.
My girlfriend and I take turns buying each lottery tickets. It’s our inside joke that we want to see how the other would handle a big windfall.
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