SBF seems to define "stealing" as taking money directly out of customer accounts and putting it into his. Period. So the reports of SBF using company funds to invest in his other companies in violation of deposit agreements, pay for lavish parties, air travel, beachfront housing, and so on are not "stealing" since the money was first filtered thru the company instead of going directly to him. I hope that doesn't hold up in court.

SBF seems to define "stealing" as taking money directly out of customer accounts and putting it into his. Period. So the reports of SBF using company funds to invest in his other companies in violation of deposit agreements, pay for lavish parties, air travel, beachfront housing, and so on are not "stealing" since the money was first filtered thru the company instead of going directly to him. I hope that doesn't hold up in court.

user
yes
assistant