Aug 14, 2023

Hermine Wong, former Coinbase head of policy and current principal at, weighs in on FTX founder Sam Bankman-Fried being sent to jail ahead of his trial in October.

Video transcript

When you're, when you're doing some sort of pure benchmarking. And I think that this is true, regardless of which industry you're in. You, you have to assume rational actors. And I don't think that we're going to pretend here that Samba been freed is acting in a manner that the general public or anyone would consider to be rational, right? Like leaking, leaking the diary entries just doing something so out of ordinary to such that you would get your bail revoked and your bail was set at $250 million. That is not something that I think anyone would have predicted, including his own lawyers.

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