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
this post was submitted on 01 Aug 2024
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What I'm about to say is coming directly from my own asshole, so if someone actually knows what they're talking about 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.
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
And yet, they are hiring. Job openings popping up on LinkedIn... Who would apply?