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Comment by jjmarr

It's not inherently fraudulent to sell something for below market value.

If I sell something I bought for $1 million for $1 in an arm's length transaction, I'm realizing a loss of $999,999 even if the asset was worth $500,000. And it'd be a rational decision if it cost me $5 million in opportunity costs to do that $500k sale.

parent jjmarr 1 year ago

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