How is the case against crypto-cash intermediary Bankman-Fried different from a bank that couldn’t cover a “run on the bank”?
In: 10
The difference is that a bank would have records indicating to whom the money was currently loaned, or in what it was currently invested. They could account for all of their money
Bankman-Fried can’t tell the investors where the money, they’ve been told they earned, is, because it was never actually earned.
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