The Guardian (November 11)
2023/ 11/ 12 by jd in Global News
Sam Bankman-Fried, the convicted cryptocurrency fraudster, “talked a lot of venture capitalists into pouring millions of dollars into his business. Maybe they should be more careful next time. Despite protestations of improving VC due diligence, little is likely to change due to the fear of missing out (FOMO). So-called reforms are instead likely to amount to “stable door securely locked… until next time.”
Tags: Bankman-Fried, Careful, Convicted, Cryptocurrency, Dollars, Due diligence, FOMO, Fraudster, Improving, Protestations, Venture capitalists
