The founder of FTX was accused of misappropriating $16 billion in user assets back in the day. If that hadn’t happened, and FTX hadn’t gone bankrupt... Here’s what their external investment portfolio returns could’ve looked like: Anthropic: $82.3 billion (about 165x) SpaceX: $15 billion (about 75x) Robinhood: $4.9 billion (about 8x) Cursor: $3 billion (about 15,000x) Genesis Digital Assets: $3.5 billion (about 3x) Altogether, that’s roughly over $100 billion in total value. But sadly, there’s no “what if.” Misappropriating user funds is undeniably the original sin.