yeah, this is the part i keep thinking but haven’t seen anybody else saying.

the problem isn’t really that “he just needs to raise more money” to make the existing customers whole. it’s that he thinks he can raise more money from investors, and then give it to defrauded customers. what exactly would the “investors” get in this scenario?! A Ponzi ticket? ownership in FTX?

he still owes the money after that! it’s like he can’t think more than one step at a time or something. could be the root cause of his issues, i guess