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Topic: SBF-Denies Improper use of Customer Funds in a 1 on 1 Interview - page 2. (Read 535 times)

sr. member
Activity: 1526
Merit: 255
When FTX is known to manipulate before declaring bankruptcy, many employees including SBF say that FTX is good and not problematic, even SBF employees also convinced the public that FTX is not a problem, and after investors want to take their money it turns out that transactions are blocked because they do not have fund.
hero member
Activity: 1918
Merit: 564
He needs a haircut to have a refreshing memory because it seems he is not able to recall what happened to people's funds.
They should take him to a lie detector let's see if that will juggle his memory back Grin.

lie detectors are not evidence. they are just a psychological trick to get people to admit to things.

Yeah, i never believe in this machine.  Someone who is good in lying can bypass this one.  Nothing beats a valid proof and honest witness in confirming the crime of the perpetrator.

SBF is playing dumb to avoid admitting to crimes. its not the case of actually not knowing. its instead being creative about what to admit/say to atleast make it worth being interviewed for his multiple cash-paid speaking tours he is doing, to cover the costs of paying his lawyers

He is well versed with it, he has parents who knows every corner of justice system so he can be briefed on what to do when asked question.  As long as SBF don't admit the crime directly, they can find holes and gaps to save SBF from getting to jail.

after all a good lawyer would not advise anyone to go on a interview-tour, unless its the noly way the lawyer is going to get paid now SBF's personal accounts are frozen


Precisely!  Now it is interesting to know the result of the upcoming FTX collapse house hearing.  I wonder what would be the statement of SBF this time.
legendary
Activity: 4214
Merit: 4458
He needs a haircut to have a refreshing memory because it seems he is not able to recall what happened to people's funds.
They should take him to a lie detector let's see if that will juggle his memory back Grin.

lie detectors are not evidence. they are just a psychological trick to get people to admit to things.

SBF is playing dumb to avoid admitting to crimes. its not the case of actually not knowing. its instead being creative about what to admit/say to atleast make it worth being interviewed for his multiple cash-paid speaking tours he is doing, to cover the costs of paying his lawyers

after all a good lawyer would not advise anyone to go on a interview-tour, unless its the noly way the lawyer is going to get paid now SBF's personal accounts are frozen
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
He needs a haircut to have a refreshing memory because it seems he is not able to recall what happened to people's funds.
They should take him to a lie detector let's see if that will juggle his memory back Grin.
I don't appreciate when people trying to shy away from their responsibility, as a CEO of a billion dollar company, I doubt any important decision will be made without your approval or knowledge. If not, then what exactly are you doing in the company when important decisions are not run by you!  Undecided
It seems s the authorities are not using the proper tools to generate the truth, he his being pampered for recklessness.
legendary
Activity: 3542
Merit: 1352
Excel is fun
The man needs to go to a trial and be jailed for whatever they did wrong that made their platform crumble. I do not buy it when he says he know nothing about it. He's the CEO, how would he not have access to such information at all when most of the executive decisions needs to go through him or he needs to know them before it gets approved? There will come a time when his lies will caught up to him and there's no other choice for him but to tell the truth. This interview speaks volumes about the guy's nature. Doesn't feel like he's confident answering those questions at all.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
If you lie for a living, you will have the chance to speak the truth but eventually when you do, people will find it hard to differentiate between the light and the darkness between your lips. SBF is a con artist and cancer to everyone in this space, from most of his interviews, he is guilty and definitely use customers money to fund Alamedas position which violates their own policies and conditions and that’s a crime that governments shouldn’t take lightly.

This days, with what has been happening in crypto space, I have come to understand that the traditional media is so centralized even the case of SBF, had it been this was done by another citizen from another country, he would be in jail by now but the same customers fund he was supposed to protect has been used to lobby same government. Justice may be delay for customers but they will have it as long as SBF keep breathing.
And this is what people in this market are fearing, under normal circumstances he should face a very long time in jail, however he has so many contacts among powerful figures and he has given them so much money away that there is a real possibility he can get away with his crimes or at least get a sentence which is way shorter than what he deserves, and if that were to happen this will send a very strong message to all the scammers we have in this market, and that is they can scam as much as they want and they can still get away with it.

The worst thing is, in support of the denial of SBF about the improper use of customer funds Kevin O’Leary wanted to emphasize that Binance has something to do with the collapse of FTX because they forced FTX to buy Binance shares which is refuted by CZ and explained that Binance exits FTX more than a year and a half ago on July 2021[1].  Btw Kevin O'Leary is hired as a spokesperson paying O'Leary 15m  for the task.

Anyway, no matter how SBF and his employee denied the issue of fraud, He was caught on the Coffeezilla's third interview[2] admitting that they are is comingling FTX funds with Alameda.





[1] https://youtu.be/dNoui0NIWmU?t=143
[2] https://bitcointalksearch.org/topic/coffeezilla-accidentally-got-sbf-to-admit-to-fraud-5427474
legendary
Activity: 2492
Merit: 1332
If you lie for a living, you will have the chance to speak the truth but eventually when you do, people will find it hard to differentiate between the light and the darkness between your lips. SBF is a con artist and cancer to everyone in this space, from most of his interviews, he is guilty and definitely use customers money to fund Alamedas position which violates their own policies and conditions and that’s a crime that governments shouldn’t take lightly.

This days, with what has been happening in crypto space, I have come to understand that the traditional media is so centralized even the case of SBF, had it been this was done by another citizen from another country, he would be in jail by now but the same customers fund he was supposed to protect has been used to lobby same government. Justice may be delay for customers but they will have it as long as SBF keep breathing.
And this is what people in this market are fearing, under normal circumstances he should face a very long time in jail, however he has so many contacts among powerful figures and he has given them so much money away that there is a real possibility he can get away with his crimes or at least get a sentence which is way shorter than what he deserves, and if that were to happen this will send a very strong message to all the scammers we have in this market, and that is they can scam as much as they want and they can still get away with it.
legendary
Activity: 2086
Merit: 1058
If you lie for a living, you will have the chance to speak the truth but eventually when you do, people will find it hard to differentiate between the light and the darkness between your lips. SBF is a con artist and cancer to everyone in this space, from most of his interviews, he is guilty and definitely use customers money to fund Alamedas position which violates their own policies and conditions and that’s a crime that governments shouldn’t take lightly.

This days, with what has been happening in crypto space, I have come to understand that the traditional media is so centralized even the case of SBF, had it been this was done by another citizen from another country, he would be in jail by now but the same customers fund he was supposed to protect has been used to lobby same government. Justice may be delay for customers but they will have it as long as SBF keep breathing.
The boy who cried wolf basically. You could fool people too many times, and eventually they will wise up and when you tell the truth, they will not believe you because you lied to them so many times before.

I know this story all too well from my youth times, it was a story to teach young kids not to lie, and the point is not to lie ever at all, there could be life situations in your life where you are force to lie, not for a bad reason, but to save yourself from danger, for example when you are stood up by thieves or something. However, if you are a lying person in general, if lying is all you do, then you will be having a terrible time because of it and nobody will want to help you.
hero member
Activity: 910
Merit: 875
Not Your Keys, Not Your Bitcoin
If you lie for a living, you will have the chance to speak the truth but eventually when you do, people will find it hard to differentiate between the light and the darkness between your lips. SBF is a con artist and cancer to everyone in this space, from most of his interviews, he is guilty and definitely use customers money to fund Alamedas position which violates their own policies and conditions and that’s a crime that governments shouldn’t take lightly.

This days, with what has been happening in crypto space, I have come to understand that the traditional media is so centralized even the case of SBF, had it been this was done by another citizen from another country, he would be in jail by now but the same customers fund he was supposed to protect has been used to lobby same government. Justice may be delay for customers but they will have it as long as SBF keep breathing.
sr. member
Activity: 1358
Merit: 253

The fact that he is still outside the prison bars speaks volumes about his status, currently untouchable...

He will still be free to go about because the court yet to bring up his case to find him guilty. So for this time he can still be around everywhere but not because he is untouchable. Due process to find him guilty will be follow and if he is guilty he will go to jail, He is not untouchable






The news that some companies are ready to collect the money needed, which is around $ 3 billion, it seems to have failed, if the company is serious, of course he will boast that FTX will recover, moreover the bankruptcy process they registered has received confirmation from the court and it seems that investors have to cry because of losing money at FTX.
hero member
Activity: 2282
Merit: 589
He's full of "Ummmm's and Ahhhhh's". Now he's Mr. Ummmmmm's and Mr. Ahhhhh's now aside from him being called Scam Bankrupt-Fraud.

Isn't it a proof that he is trying to dodge something? Isn't it a proof that he is trying to hide something from the public. He's trying to choose the words that he is saying and there is a time where he can't answer a question immediately and it took 3-5 or even longer for him to at least dodge it and not answering it Cheesy.
Anyone could judge that posture and the words he answered seemed he did not expect the question, he seemed nervous that he had not prepared an answer about it. So it wasn't forever that he managed to cover up the FTX fraud case with the media and it was proven during the live broadcast that he doubted his own answer, indicating that something was hidden.

Quote
TBH, after watching how Coffezilla got him on his final interview, I might stop any Youtube videos regarding to SBF and the only time that I will watch is when he will be arrested and going to jail (if it will happen).
The only thing awaited is to prove the details of the true case and see him being escorted to the hospital chair to give an honest statement. However, the media coverage did not meet expectations and the case seemed to have not been handled by the prosecutor's office.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.
He's full of "Ummmm's and Ahhhhh's". Now he's Mr. Ummmmmm's and Mr. Ahhhhh's now aside from him being called Scam Bankrupt-Fraud.

Isn't it a proof that he is trying to dodge something? Isn't it a proof that he is trying to hide something from the public. He's trying to choose the words that he is saying and there is a time where he can't answer a question immediately and it took 3-5 or even longer for him to at least dodge it and not answering it Cheesy.

TBH, after watching how Coffezilla got him on his final interview, I might stop any Youtube videos regarding to SBF and the only time that I will watch is when he will be arrested and going to jail (if it will happen).
sr. member
Activity: 1666
Merit: 453
To tell you honestly, it's boring to talk about SBF, it doesn't help crypto enthusiasts, Yes there we are, maybe we should learn to be more careful, and don't just trust to allocate a large amount of money in a crypto here in this industry.

To be honest, I don't even know if what I read is true or until we see it investigated, as long as we see this fat-faced SBF wandering around, it will surely commit another big fraud in this industry in another person and another company name.

member
Activity: 364
Merit: 10
Pawsome
The easy thing to do is when fraud is revealed is to claim to be a victim and cannot fulfill the service, he has no good intentions to return the consumer money, all the assets he have must have been stored or diverted so that when he submits bankruptcy, there is no asset that can be confiscated and consumers will lose money.
legendary
Activity: 3234
Merit: 2420
I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.

He said he didn't know what happened! Just leave him fucking alone. Sad

Apparently nobody has the balls to throw this little shit into prison so why waste time with interviewing him? He is not going to say "Yes I scammed lots of people and I don't give a fuck about it." no matter how hard you try.

He only apologizes and for what exactly? If he didn't know what happened and he is innocent, wtf is he apologizing for?

I haven't lost a single dime on this crap exchange (it is because the moment I heard about it I already knew it was a scam) but I am still mad as fuck when I see people like him.
hero member
Activity: 784
Merit: 589
I won't put it past him to act innocent and deny accusations of using customer funds because as long as there has not been evidence to nail him of how he misappropriated people's hard earned money, he's free to say whatever shit he wants to. I mean, he's still got his freedom of speech huh?
 
 I wonder how the justice system operates in the US tho. In 2008, Bernie Madoff was arrested with criminal charges for running one of the biggest Ponzi schemes that resulted in the loss of tens of billions of dollars in investor funds, and I think this is similar scenario. Is there something the US prosecutors are not telling us??
member
Activity: 181
Merit: 10
I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.

It's better to leave it and never listen to whatever he says, he will look for many reasons to cover FTX to be free from the burden of returning investor money, we can't expect much from FTX, it's better to forget and think about other things, for example Review Exchanges Which one has the potential to become the Next FTX.
full member
Activity: 1162
Merit: 106
The way to be safe and free from obligations to investors is to pretend to pretend to be stupid, even he feels also loss from the bankruptcy of FTX, this type of human can only harm others, whatever he says we will never believe, with this case we must Beware and don't store assets in Exchanges with a large value.
legendary
Activity: 3738
Merit: 1708
I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.
sr. member
Activity: 1792
Merit: 255
....or maybe someone just wanted him to look like a victim of some other people within his company who abused their powers.
I'm more inclined to believe that this is the case here. I really doubt he's that incapable as he appears in the interview. Maybe his lawyers told him to act dumb or confused so they could use that during the trial. It's like how they would use a defendant's "insanity" to get a not guilty verdict or a reduced punishment.

If he looks stupid the prosecutor should be smarter, namely by looking at the facts of the flow of transactions, surely the transaction will end up with a balance that looks large so that it can be used as an excuse that it belongs to SBF, if he still denies it means he is indeed a fraud who knows no shame.
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