How in the world did SBF decide that gambling was the best course of action for recovering the funds? It seems to me that he has terrible friends around him. Have you ever thought of gambling as way to recover your funds and pay your debts? Does this look like a case of compulsive gambling?
Source:
https://www.pokcas.com/sam-bankman-fried-and-ftx-bankruptcy/No and I will never ever try to gamble in order to recover my funds into something. But in all honesty, a person who frequently gambles always thinks of recovering their losses via gambling again in the same establishment. I call this as the "cycle of gambling" where a person, regardless if he wins or losses, would most likely gamble again. If he wins, he will try to continue his luck; or if he losses, he will try to recover such by gambling again.
This kind of practice should absolutely be discouraged due to its very risky nature- not knowing if you would be able to recover your funds in the process. If you have a debt, better invest or work in order to recover them slowly but surely.