Everytime cases like this pop up all I can think of is all the times people have justified investors making so much money because of the risks they take. But whenever that gamble is a loss they pull this shit
What I’m about to say is coming directly from my own asshole, so if someone actually knows what they’re talking cares to explain why I’m wrong, I’m open to hearing it.
This feels like an attempt to try extract as much capital as possible before other civil lawsuits and/or regulatory actions are able to do to the same.
Everytime cases like this pop up all I can think of is all the times people have justified investors making so much money because of the risks they take. But whenever that gamble is a loss they pull this shit
If the CEO was lying to the investors that’s akin to being lied to about the odds of a slot machine. It should totally be prosecutable.
At the same time I don’t feel sorry for them, and think they should be last in line after all the other victims
I’m perfectly fine with it if they want to sue the company but I don’t want these assholes to be bailed out by the government like SVB bullshit.
What I’m about to say is coming directly from my own asshole, so if someone actually knows what they’re talking cares to explain why I’m wrong, I’m open to hearing it.
This feels like an attempt to try extract as much capital as possible before other civil lawsuits and/or regulatory actions are able to do to the same.
It certainly is, everyone is queuing up.