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I think its more akin to asking a religious leader who turns out to be a con artist what his true beliefs are. SBF's beliefs were integral to his success and the only reason some like me had every heard of him. Madoff actually did raise a lot of money by appealing to Judaism (hence the large investment by Brandeis) and I'm sure Jewish publications covered that angle of it right after it happened.

A lot of people (including myself) had listened to him talk (on Sam Harris, on Odd Lots, on Conversations with Tyler) because of his interesting beliefs. I had no idea who CZ was until this week because I am not interested in the minutiae of crypto. But SBF leveraged his image for this.

Ultimately it seemed the amount of actual money of other people he lost was a few billion? Which is extremely awful but less interesting than the media landscape which lead to it, imo, especially if you are not a finance reporter.



> Madoff actually did raise a lot of money by appealing to Judaism

Affinity fraud, one of the oldest and truest tools in the conman's toolbox.




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