Crypto company deathwatch thread

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NoReturn said:
NY Times summit video is up
https://youtube.com/watch?v=IyoGdwVIwWwDigg headline:
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YouTube caption (of course the comments are disabled):
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Of course they disabled the comments, not for the antisemitism mind you but because all the press has been running on maximum damage control about his connection to the DNC.

Anyway, I'm more surprised digg is still around, is it good at all anymore?
Dread First said:
Coffeezilla's latest video on SBF shows the bloke on the record saying that he donated the same amount of money to Republican candidates, but it was all under the table. Obviously, SBF is a liar and cannot be trusted(tm).

But a billionaire (of any type) admitting to making "donations" to politicians under the table? Regardless of whether or not it's a lie, it's a pretty damn plausible one
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Plausible or not dude just dig an even bigger hole by basically confessing to yet another crime.

If he somehow gets away with all this then theres no hope whatsoever for this country, that's the kind of shit that happens in crumbling banana republics. We already been printing ourselves into an inflationary crisis so we're halfway down to venezuela-levels of corruption and cronyism.
Thorn said:
He's going to end up like Pharmabro, being "made an example" while everyone he learned from just shrug and keep grifting.
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Shekrely or whatever his name was fucked himself by thinking he could play the game without having powerful allies. This ftx fat fuck might be lolcow-levels of idiocy but at least in that aspect he got an ace under his sleeve, he compromised the entire dnc with this shit so media can't made an spectacle out of him like they did with pills guy without shitting on their own bosses at the same time, which is why this is getting ignored as much as they possibly can while running the most damage control they can put out without being too obvious.
 
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cybertoaster said:
Anyway, I'm more surprised digg is still around, is it good at all anymore?
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It's basically a "magazine"/curator/aggregator. It just presents pre-chosen articles.
 

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cybertoaster said:
This ftx fat fuck might be lolcow-levels of idiocy but at least in that aspect he got an ace under his sleeve
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All these interviews he's been giving are just practice runs for his eventual defense. Wood nymph was CEO of Alameda and SBF claims that FTX had no idea what was going on, which is obvious BS but creates enough confusion to prevent any prosecution.

I'm more annoyed by the YouTubers wading into this thing now it's impoded and riding the SBF train having barely mentioned anything while the fraud is going on
 
Australian exchange Digital Surge paused all withdrawals after a fuckload of people took their money out when FTX shit the bed, and now as a result of so many people pulling their funds early on, Digital Surge has entered administration following a bailout proposal to creditors (which I believe is a similar scenario to a US company filing for bankruptcy). The following emails list me as a customer with them, but after I tried to use their services once I discovered their platform was so terrible I wished they went out of business even then, long before FTX happened.
admin2.jpg admin1.jpg
 
ditto said:
All these interviews he's been giving are just practice runs for his eventual defense. Wood nymph was CEO of Alameda and SBF claims that FTX had no idea what was going on, which is obvious BS but creates enough confusion to prevent any prosecution.

I'm more annoyed by the YouTubers wading into this thing now it's impoded and riding the SBF train having barely mentioned anything while the fraud is going on
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Miss wood nymph is too clever for her own bark-covered ass.

6709DA58-BE19-47F5-AC6A-DE8C0FC9FFD0.jpeg
 
And the transcript of what he was supposed to say to congress
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So many lies. It's widely known by now that the "hack" that stole billions from FTX was a inside job. He might have 100k in his bank account but he has millions in BTC.
Funny how he also claims to be destitute while living in a private resort in the Bahamas.
 
MachoMan said:
Will they go after Squirrel Girl next? I demand my diversity and inclusion in these criminal charges.
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Caroline's lawyered up at this point, so it'll be interesting to see what happens there. They're either going after her as well, or she's flipping.

Unlike SBF, who seems to have spent the last few weeks running his mouth in what I can only conclude is some sort of one-finger salute to the 5th amendment, Caroline has been shutting the fuck up and keeping a low profile ever since the FTX collapse. The mathsweasel isn't known for being hard to pin for nothing, I suppose.
 
Knight of the Rope said:
Caroline's lawyered up at this point, so it'll be interesting to see what happens there. They're either going after her as well, or she's flipping.

Unlike SBF, who seems to have spent the last few weeks running his mouth in what I can only conclude is some sort of one-finger salute to the 5th amendment, Caroline has been shutting the fuck up and keeping a low profile ever since the FTX collapse. The mathsweasel isn't known for being hard to pin for nothing, I suppose.
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Considering how much time The Bankman spent drugged up and playing video games like the patron saint of manchildren, I guess someone had to be running the show.
 
Knight of the Rope said:
Caroline's lawyered up at this point, so it'll be interesting to see what happens there. They're either going after her as well, or she's flipping.

Unlike SBF, who seems to have spent the last few weeks running his mouth in what I can only conclude is some sort of one-finger salute to the 5th amendment, Caroline has been shutting the fuck up and keeping a low profile ever since the FTX collapse. The mathsweasel isn't known for being hard to pin for nothing, I suppose.
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I love how they wouldn't even use a picture of that broken-ass bitch
 
Nol 2 said:
And, here is the SEC inditement


And the transcript of what he was supposed to say to congress

archive.ph

Exclusive Transcript: The Full Testimony SBF Planned To Give To Congr…

archived 13 Dec 2022 10:48:31 UTC
archive.ph archive.ph
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Holy shit
That transcript is a fucking trip to read

Also linked in the original article
www.forbes.com

Everyone SBF Planned To Blame In Front Of Congress Today — Before He Was Arrested

In the testimony Sam Bankman-Fried intended to give in front of Congress before he was arrested, obtained by Forbes, the former FTX CEO says he “fucked up” — and then goes on to target others involved in the company's demise and bankruptcy proceedings.
www.forbes.com www.forbes.com
 
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In a Dec. 12 response to a report from the Australian Financial Review (AFR), Bankman-Fried used Twitter to deny involvement in or knowledge of a “Wirefraud” group chat on messaging app Signal, which reportedly included members of Bankman-Fried’s inner circle, including FTX co-founder Zixiao “Gary” Wang, FTX engineer Nishad Singh and former Alameda CEO Caroline Ellison.

The AFR report said the chat was used to send secret information about FTX and Alameda's operations in the lead-up to its failure.
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Wouldn't suprise me if chipmuks parents knocked some sense into her and while SBF was on his confession media tour they finally convinced her that the terrible LOL player who was abusing thansdermal patches was planning on selling her ass down the river. It was becoming painfully obvious he was trying to pass the blaim with those softball media puff pieces the whole it wasn't my fault im the world's nicest billionare who got in over his head it was all bad alameda's fault not mine nonsense.
 
Knight of the Rope said:
Caroline's lawyered up at this point, so it'll be interesting to see what happens there. They're either going after her as well, or she's flipping.

Unlike SBF, who seems to have spent the last few weeks running his mouth in what I can only conclude is some sort of one-finger salute to the 5th amendment, Caroline has been shutting the fuck up and keeping a low profile ever since the FTX collapse. The mathsweasel isn't known for being hard to pin for nothing, I suppose.
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It was reported she was in NYC not giving a shit.
My guess is they both are going to pin the blame on each other to try and save their own skin like their ancestors have done for millennia.
 
SBF's Parents are the Puppet Masters running around like rats in a flood Lawyering up
For news about SBF FTX breaking news I follow Autism Capital on twitter.


- Mr. Bankman (Joe) was a paid FTX employee for 11 months - Ms. Fried (Barbara) was not an employee but Sam donated to the causes she spearheaded - Barabra resigned from "MIND THE GAP" her dem super PAC - Gabe Bankman-Fried (GBF) (Sam's brother) was also bankrolled by Sam.

Joe liked to be seen as the big boss on the FTX campus, bragging about Sam - They stayed in a $16.4M house that was owned in their name ("but was supposed to be owned by the company" lol) - Joe also tried to rope his sister Barbara Miller into helping Sam expand his empire

Joe Bankman basically bankrupt the low income community by forcing people in poverty to use FTX as their bank and now the bankruptcy. It appears he made them whole after (but with whose money?)

They are soliciting help from their Stanford network: "The couple has also turned to the Stanford faculty for support: David Mills, a criminal law professor at Stanford and a close family friend, is part of Mr. Bankman-Fried’s legal team."

Familly is corrupt and they put there son out there to take the fall, when he is a Zoomer Coomer retard.

Also Gensler has not testified this shit is so corrupt.
 
MuppetSlaughter said:
Also Gensler has not testified this shit is so corrupt.
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Gensler is connected to wood nymph's dad somehow He's been sitting on the sidelines for years while this shit has been going on in crypto, meanwhile going after petty insider trading cases.

Apparently SBF's dad literally had his figures in his ears during of the proceedings which is hilarious. A whole family of autistic sociopaths.
 
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