Part 11/13:
The league is already under congressional scrutiny following the Chanty Bilips gambling scandal. Now, with the Balmer lawsuit revealing possible law violations, Congress might demand more transparency. The Senate Commerce Committee has already asked the NBA for answers, and more hearings could follow, akin to investigative proceedings during the steroid era in baseball.
Human Cost and Ethical Questions
While headlines focus on billionaires and corporate legal battles, the human stories are poignant. Regular investors trusting the legitimacy of Aspiration have lost money, potentially comprising their retirement savings. Former employees report being instructed not to question the deceit while supporting a broader scheme that undermined ethics and loyalty.