>And thus do we have another piece of evidence for why morals and ethics matter,
It sounds like there's plenty of other evidence, but allowing a 'negative balance' hardly sounds like a smoking gun.
A negative balance is often how credit is displayed.
>Since Alameda didn't have the funds to meet these requests, Bankman-Fried directed Alameda to tap its "line of credit" with FTX to obtain billions of dollars in financing, the complaint said
The article actually says as much. Now as Chief Engineer it's possible he was aware it was a scam, but it's also possible he was just told they have an arrangement with Alameda that allows them to maintain a credit line.
It sounds like there's plenty of other evidence, but allowing a 'negative balance' hardly sounds like a smoking gun.
A negative balance is often how credit is displayed.
>Since Alameda didn't have the funds to meet these requests, Bankman-Fried directed Alameda to tap its "line of credit" with FTX to obtain billions of dollars in financing, the complaint said
The article actually says as much. Now as Chief Engineer it's possible he was aware it was a scam, but it's also possible he was just told they have an arrangement with Alameda that allows them to maintain a credit line.