Doubt that “I already gave the money to a victims of FTX fund my friends organised” is a valid reason to legally not pay a clawback letter order whatever, and in that case for as long as clawbacks are a live option organising such a fund would be an awful idea. [I have no specific legal knowledge]

Primary reason: “your friend’s fund” is ordinary paranoid lawyer for “money laundering” and even if this specific one is sympathetic a paranoid lawyer predicts it would get adverse selected instantly. Secondary reason: it’s an exception that costs someone money and those exceptions generally mean protracted expensive legal battles.

#noxp Ok, my real feelings about this are that there’s an extremely bad take about this going around which is “EA organisations will be legally obligated to give back the funds, so they should arrange to do that themselves now” (e.g. reddit.com/r/SneerClub/comment and twitter.com/EpsilonTheory/stat)

#noxp And this is noxp because those takes don’t matter, they’re just internet idiots, but more sensible versions do matter and it’s worth commenting on.

But still! They’re totally wrong! An upcoming legal obligation to lose money is one of the circumstances in which you absolutely should not let go of that money! Notice what you’re saying when you’re dunking!

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@TetraspaceGrouping I do not think SneerClub is accepting argumentation advice that will make them incorrect less often 😔

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