• merc@sh.itjust.works
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    1 year ago

    He didn’t flee to the Bahamas. FTX was based out of the Bahamas because it made for good tax dodging.

    Before he was accused of more serious crimes like fraud, he was regularly committing the much more common crimes that companies like Facebook and Google do all the time, pretending that their profits all happen to accrue in some country with friendly corporate tax laws.