The Stock Market Thread

that’s good stuff.


And everyone should remember not your keys not your coin

 

How is this SBF cat not in prison or dead yet?

 

he paid the right people.

this was beyond him

 

FTX was a CIA operation to destroy crypto globally so he's protected*

*While I suppose this is possible, I don't know really have an opinion on it, but I did see it on Twitter so it's probably true.

 

He's sitting tight in the Bahamas right?

 

A $1billion personal loan? uh huh.

 

Bahamas would extradite

 

Paragraphs 4 and 5 are something else -

https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf

 

The bastard could create his own coin and then use that for an asset to take out loans.

In the bank that he owned…


Then you have on top of that what he was doing with investors assets on his exchange

 

He gave the Dems 40 mil and his partner (or friend or whatever his sidekick is) gave the GOP 30 mil, so yeah, nothing is going to happen to him.

 

This story is gonna keep getting more wild for quite a while.

 

Guess he has maybe a few months of freedom or to flee to France or something. I don't see how he isn't arrested and charged once investigations start gathering steam.

 

I looked at ftx a couple of years back. They had 2 percent market share as a trading program but it was valued in the hundreds of billions and there wasn’t a single person in senior management over the age of 25.

 

Yeesh

 

It’s probably the biggest financial fraud case in American history.

crazy that it isn’t a bigger story

 

It’s only crazy if you take it at face value

 

i was in the bay area during the peak of the dot com market and all the talk about a "new economy" and how the world has changed and earnings don't matter etc. this is feeling very similar. arrogant 25 year olds were in charge then too