“Is he going to throw the entire industry under the bus?”
Bankman-Fried’s behavior after the fall of FTX suggests he’s something of a wild card. He may suggest he was acting on the advice of his lawyers. But he may also introduce other evidence that could be troublesome — implying, for instance, that he was engaged in standard industry behavior or that everything that happened was Binance’s fault. That may be risky, but we already know that Bankman-Fried loves risk.
Wong asks. “An idea like, ‘Everyone was doing this, it’s not fair I’m the only one who was charged?’” That may not fly in a court of law, but it could absolutely damage public perception of crypto at large.
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