A sane bank CEO would never get taken by such a simple con. The guy must have be... | Hacker News

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		aga98mtl on Aug 22, 2024 \| parent \| context \| favorite \| on: Crypto 'pig butchering' scam wrecks bank, sends ex... A sane bank CEO would never get taken by such a simple con. The guy must have been suffering of some kind of dementia. It can happen at any age.

fwip on Aug 22, 2024 [–]

My money is on overconfidence. He's a bank CEO, so "of course" he knows all the risks around the latest financial wizardry (in this case crypto). The possibility that he doesn't know what he's doing simply wouldn't occur to him.

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