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Topic: SBF said: WHAT HAPPENED? - page 5. (Read 1471 times)

legendary
Activity: 1694
Merit: 4213
January 05, 2023, 08:32:54 AM
#76
https://www.cnbc.com/2023/01/03/sam-bankman-fried-pleads-not-guilty-to-fraud-charges-in-new-york.html
Sam Bankman-Fried pleads not guilty to federal fraud charges in New York
"Former FTX CEO Sam Bankman-Fried pleaded not guilty to federal charges in New York on Tuesday, less than two months after his crypto empire collapsed.
Charges against Bankman-Fried include money laundering, conspiracy to commit wire fraud and securities fraud.
The case was assembled quickly by prosecutors from the Southern District of New York, who gained the cooperation of Bankman-Fried’s close lieutenants Caroline Ellison and Gary Wang."
newbie
Activity: 11
Merit: 0
January 05, 2023, 03:35:25 AM
#75
SBF was typical a troller. that tweet has been revealing his true nature since what happened with so many users of FTX (include me) and he can still try to create such troll tweet like nothing happened. I hope that guy will be jailed soon along with alameda ceo.

that shitty guy must be brought to the court as soon as possible. there's something wrong happened with him. i believe.
SBF is a typical perpetrator. Whether it is for personal interests or political interests, he has completely forgotten the interests of users. Some say it's a parasite, some say it's a criminal. I want to say that SBF relies on some kind of background to unscrupulously treat others as fools.
legendary
Activity: 3108
Merit: 1032
#1 VIP Crypto Casino
January 05, 2023, 02:39:57 AM
#74
Well this is no surprise SBF pleads not guilty in the FTX fraud case in his Tuesday hearing. His trial date is noe set for October 23, I can not wait to read on it.

And do you remember his Robinhood shares? Now the United States Deaprtment of Justice has seized his shares worth $575 million.
legendary
Activity: 3108
Merit: 1032
#1 VIP Crypto Casino
January 01, 2023, 04:01:14 AM
#73
I certainly do not believe how SBF is being treated for not having to be in prison right now. I seriously think that he is somewhat getting that privileged treatment, and why is he being overly protected? The world absolutely doesn’t revolve around him.

I read four times in 2022 he met with President Biden’s White House aides. I am really pondering what that was all about. Then SBF cashed out almost $700,000 being on house arrest, after leading us to believe on the media that he has no money, and he may not spend more then $1000 each day.
legendary
Activity: 1694
Merit: 4213
December 29, 2022, 12:06:47 PM
#72
https://nypost.com/2022/12/27/sam-bankman-fried-met-with-big-short-author-michael-lewis/
"Sam Bankman-Fried met with ‘Big Short’ writer Michael Lewis during house arrest
Currently holed up at his parents’ home at Stanford University after being released on $250 million bail last week following being slapped with federal charges of financial fraud and money laundering, Bankman-Fried was visited by bestselling author Michael Lewis."
Soon Sam will be a movie star Grin

legendary
Activity: 2562
Merit: 1655
December 28, 2022, 07:53:21 PM
#71
"Amid death threats and sudden global infamy, accused FTX fraudster Sam Bankman-Fried and his parents have turned their posh Stanford home into a heavily guarded fortress. The family is shelling out roughly $10,000 a week to have a private Bay Area security firm patrol the leafy, 3,000-square-foot residence with several armed guards working around the clock" - https://nypost.com/2022/12/27/ftxs-sam-bankman-fried-pays-10k-a-week-for-armed-security/

Are there death threats for them? Well, it's the US so I doubt that someone has the audacity to that to them, so this is just a exaggeration on their part to have this private guards that can rival even the President? Lol,

They are really paranoid as this point, and that is the consequences of SBF actions, now he is afraid of his own life and his family too.

About the movie deal though, yeah, probably it will make a lot of money for him and he really needed every help he can get.
Maybe they are that paranoid but to me this seems like just an attempt to sell himself as the victim, his defense is most likely going to paint him as a naive CEO which trusted the wrong people and push the blame on someone else, so all of those guards outside his residence are there to give the impression that he is being forced in such a situation and generate sympathy for himself, will this work? I doubt it but SBF is going to try anything to save himself from spending the rest of his life at prison.

Yes, that's also what I think too as well, he will sell himself as the victim here with numerous death threats and then hiring people to protect him. So still he is going to feel secure and still has his pride inside of him. This kind of people doesn't have emotions or feelings, all they wanted is fame and money.

I do hope that the full justice will be achieved here, because for sure he can afford expensive lawyers in the financial world that will defend him at all cost and portray him as some innocent individual who has been manipulated by some people behind.

But if two of his employees are going to testify against him, maybe the case will really have that weight and SBF can't get off the hook and probably be the Bernie Madoff of crypto industry.
hero member
Activity: 2856
Merit: 794
I am terrible at Fantasy Football!!!
December 28, 2022, 07:07:04 PM
#70
"Amid death threats and sudden global infamy, accused FTX fraudster Sam Bankman-Fried and his parents have turned their posh Stanford home into a heavily guarded fortress. The family is shelling out roughly $10,000 a week to have a private Bay Area security firm patrol the leafy, 3,000-square-foot residence with several armed guards working around the clock" - https://nypost.com/2022/12/27/ftxs-sam-bankman-fried-pays-10k-a-week-for-armed-security/

Are there death threats for them? Well, it's the US so I doubt that someone has the audacity to that to them, so this is just a exaggeration on their part to have this private guards that can rival even the President? Lol,

They are really paranoid as this point, and that is the consequences of SBF actions, now he is afraid of his own life and his family too.

About the movie deal though, yeah, probably it will make a lot of money for him and he really needed every help he can get.
Maybe they are that paranoid but to me this seems like just an attempt to sell himself as the victim, his defense is most likely going to paint him as a naive CEO which trusted the wrong people and push the blame on someone else, so all of those guards outside his residence are there to give the impression that he is being forced in such a situation and generate sympathy for himself, will this work? I doubt it but SBF is going to try anything to save himself from spending the rest of his life at prison.
sr. member
Activity: 1722
Merit: 269
December 28, 2022, 11:18:14 AM
#69
SBF is a terrible parasite in the crypto ecosystem. He said What Happened as if he didn't care about what was happening right now. He looked relaxed and was probably drinking coffee and leaning back in his chair.

"[NOT LEGAL ADVICE.  NOT FINANCIAL ADVICE.  THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS.]"

I don't really have the exact timeline of the events happening at and with FTX at the top of my head right now so i can not really say if this tweet of him was made when it was already clear that FTX would go bankrupt or if this happened still before that. No matter when exactly this tweet was made it still leaves a very sour taste to everyone that is involved in the crypto market. The people that were hit the most were obviously those that were invested into FTX or that had funds at FTX. Most of those people lost all of their funds. This is something that can ruin the lifes of people and to make such a tweet then is just a very bad taste.
legendary
Activity: 1694
Merit: 4213
December 28, 2022, 11:11:17 AM
#68
Now SBF is on house arrest and being meeting with movie Director and author Michael Lewis to make a movie about him. This makes sense he is going to need all the money he can get for his legal case.  
He bought Robinhood shares worth $546 million with money from Alameda research.  I do not think he is going to get out of jail for a long time. And this is the right decision to make.

    As far as I know, SBF bailed in the amount of 250M$, he was allowed to bail but he cannot leave the country until the case he is facing is finished.

   This is the news I came across about SBF, somehow the money he has is still doing something, but of course, we will still look at the next chapter about this thing that is happening to him, which after all, the amount of the bail is very large paid for it.
SBF did not post bail. 250 million worth of his house in the Bahamas, which he bought with ill-gotten money. If he does not appear in court, he will lose his property. This is the kind of circus that's going on in the US right now. All major scammers are out on bail.
https://decrypt.co/117814/how-sam-bankman-frieds-250-million-bond-works
member
Activity: 462
Merit: 16
Eloncoin.org - Mars, here we come!
December 28, 2022, 09:30:58 AM
#67
Now SBF is on house arrest and being meeting with movie Director and author Michael Lewis to make a movie about him. This makes sense he is going to need all the money he can get for his legal case. 
He bought Robinhood shares worth $546 million with money from Alameda research.  I do not think he is going to get out of jail for a long time. And this is the right decision to make.

    As far as I know, SBF bailed in the amount of 250M$, he was allowed to bail but he cannot leave the country until the case he is facing is finished.

   This is the news I came across about SBF, somehow the money he has is still doing something, but of course, we will still look at the next chapter about this thing that is happening to him, which after all, the amount of the bail is very large paid for it.
legendary
Activity: 2268
Merit: 1655
To the Moon
December 28, 2022, 08:54:52 AM
#66
Are there death threats for them? Well, it's the US so I doubt that someone has the audacity to that to them, so this is just a exaggeration on their part to have this private guards that can rival even the President? Lol..

Considering the fact that so many people were deceived, I believe that there will be enough people who want to take revenge on Sam Bankman-Fried for their losses. Therefore, such protection is not something excessive. What is surprising in this case is that even during the investigation, he continues to spend the money of his deceived investors.
hero member
Activity: 1260
Merit: 515
December 28, 2022, 08:34:01 AM
#65
Basically, the main reason is the fact that they can be. I also would like to point out that we feed their greed and that is causing a lot of trouble for the crypto world.

If we only invested into the top 20, and here and there decide which ones to be out of top 20 and new ones to get in, but do not invest into anything else, that means about 100 billion or so dollars would be going back into top 20, that would make the prices of everything go up insanely high, that’s like adding more than 10% to each of them and in a single move, and that would be a HUGE thing when the prices go up during the bull run. That’s why the devs do it, they can make money from people who still invest into shitcoins instead of top 20.

But you can't blame the millions of crypto enthusiast to trust their money to a person like SBF because at that time they are really doing good, even becoming the second largest crypto exchange behind Binance.

But there is a big story behind that we didn't know, until it was too late, no one see it coming maybe except SBF and his ex-gf and his CFO. Now the 3 have been indicted and hopefully all of them will go behind bars for the crimes that they have committed.
hero member
Activity: 2534
Merit: 824
December 28, 2022, 08:10:03 AM
#64
Now SBF is on house arrest and being meeting with movie Director and author Michael Lewis to make a movie about him. This makes sense he is going to need all the money he can get for his legal case... 

"Amid death threats and sudden global infamy, accused FTX fraudster Sam Bankman-Fried and his parents have turned their posh Stanford home into a heavily guarded fortress. The family is shelling out roughly $10,000 a week to have a private Bay Area security firm patrol the leafy, 3,000-square-foot residence with several armed guards working around the clock" - https://nypost.com/2022/12/27/ftxs-sam-bankman-fried-pays-10k-a-week-for-armed-security/

Are there death threats for them? Well, it's the US so I doubt that someone has the audacity to that to them, so this is just a exaggeration on their part to have this private guards that can rival even the President? Lol,

They are really paranoid as this point, and that is the consequences of SBF actions, now he is afraid of his own life and his family too.

About the movie deal though, yeah, probably it will make a lot of money for him and he really needed every help he can get.
legendary
Activity: 2268
Merit: 1655
To the Moon
December 28, 2022, 07:36:30 AM
#63
Now SBF is on house arrest and being meeting with movie Director and author Michael Lewis to make a movie about him. This makes sense he is going to need all the money he can get for his legal case... 

"Amid death threats and sudden global infamy, accused FTX fraudster Sam Bankman-Fried and his parents have turned their posh Stanford home into a heavily guarded fortress. The family is shelling out roughly $10,000 a week to have a private Bay Area security firm patrol the leafy, 3,000-square-foot residence with several armed guards working around the clock" - https://nypost.com/2022/12/27/ftxs-sam-bankman-fried-pays-10k-a-week-for-armed-security/
legendary
Activity: 3108
Merit: 1032
#1 VIP Crypto Casino
December 28, 2022, 03:55:49 AM
#62
Now SBF is on house arrest and being meeting with movie Director and author Michael Lewis to make a movie about him. This makes sense he is going to need all the money he can get for his legal case. 
He bought Robinhood shares worth $546 million with money from Alameda research.  I do not think he is going to get out of jail for a long time. And this is the right decision to make.
legendary
Activity: 2772
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
November 25, 2022, 05:21:22 AM
#61
Basically, the main reason is the fact that they can be. I also would like to point out that we feed their greed and that is causing a lot of trouble for the crypto world.

If we only invested into the top 20, and here and there decide which ones to be out of top 20 and new ones to get in, but do not invest into anything else, that means about 100 billion or so dollars would be going back into top 20, that would make the prices of everything go up insanely high, that’s like adding more than 10% to each of them and in a single move, and that would be a HUGE thing when the prices go up during the bull run. That’s why the devs do it, they can make money from people who still invest into shitcoins instead of top 20.
member
Activity: 569
Merit: 10
November 24, 2022, 06:03:12 AM
#60
I'm sure at this time SBF already knew that FTX was immediately bankrupt so he chose to register bankrupt in court, billions of money disappeared and made him get a great pressure and the best solution was to declare bankrupt So he displays sad things while laughing.
legendary
Activity: 1694
Merit: 4213
November 24, 2022, 04:29:30 AM
#59
https://www.bloomberg.com/news/articles/2022-11-23/ftx-founder-sam-bankman-fried-says-he-ll-speak-at-new-york-times-dealbook-summit
Sam Bankman-Fried to Speak at New York Times DealBook Summit
"Bankman-Fried plans to speak on Wednesday with Times’ Sorkin
FTX founder has limited his public appearances in recent weeks
Prosecutors and regulators including the Securities and Exchange Commission and Commodity Futures Trading Commission are now seeking help from new FTX Chief Executive Officer John J. Ray III. He took over as part of its bankruptcy proceeding and is navigating what he described as “a complete absence of trustworthy financial information.”"
legendary
Activity: 2464
Merit: 1145
FOCUS
November 23, 2022, 12:44:10 PM
#58
SBF is a terrible parasite in the crypto ecosystem. He said What Happened as if he didn't care about what was happening right now. He looked relaxed and was probably drinking coffee and leaning back in his chair.

Am terribly surprised at this useless tweet. imagine him being all casual about such a delicate situation. I can't understand what this tweet supposed to mean.
Clearly this guy is not bothered about the hardship he subjected investors to, him being a parasite is an understatement. He is not mature enough to handle a billion dollar company.
If there are no regulations, tell me why this attitude will not keep occurring and the culprit walking away with a huge smile on their face. pathetic.
Maybe SBF knows this kind of situation will happen as soon as we discovered his fraud actions. I hope that he knows that there is a high chance that he will go into jail and we hope that all of his assets will be compromised and be rewarded to the victims. I honestly don't know what is the latest news about SBF case but surely he will pay his mismanagement and fraud actions. If he keeps doing this his guilt will hunt him unless he doesn't have a guilt. His victims is literally begging him to return their money but yeah every ways that SBF did is fail like borrowing money.
hero member
Activity: 2408
Merit: 693
Undeads.com - P2E Runner Game
November 23, 2022, 11:41:39 AM
#57
SBF is a terrible parasite in the crypto ecosystem. He said What Happened as if he didn't care about what was happening right now. He looked relaxed and was probably drinking coffee and leaning back in his chair.

Am terribly surprised at this useless tweet. imagine him being all casual about such a delicate situation. I can't understand what this tweet supposed to mean.
Clearly this guy is not bothered about the hardship he subjected investors to, him being a parasite is an understatement. He is not mature enough to handle a billion dollar company.
If there are no regulations, tell me why this attitude will not keep occurring and the culprit walking away with a huge smile on their face. pathetic.
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