There are a lot of fucked up things about FTX, but "omigod they didn't use SAP" isn't one of them.

Assuming I was talking about SAP when saying accounting systems, for what is basically banking, shows a certain lack in understanding either of those systems.

My finance colleagues (Fortune 100 company) who spend all day updating the general ledger in SAP will be interested to learn SAP doesn’t make accounting systems.