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Topic: SBF said: WHAT HAPPENED? - page 7. (Read 1488 times)

hero member
Activity: 2744
Merit: 761
Burpaaa
November 17, 2022, 11:56:35 AM
#37
Based on understanding on his series tweet. His “what happened” is just an introduction for his explanation on what happened on FTZ and the gang. It just look like a insensitive comment because reader didn't care to read the whole and focus on the first tweet on the series of thread. I’m not a supporter of SBF but I’m just trying to interpret what he said since many user even on social is using every single piece of FUD material to make a negative impression to the market just for there short position purposes.
legendary
Activity: 1918
Merit: 1157
Undeads.com - P2E Runner Game
November 17, 2022, 11:51:05 AM
#36
Glad to see everyone's response in this thread.
A good response to SBF is an actor acting like a clown who fools a lot of people.
and then she just relaxes and enjoys her life as if nothing happened.

I have another piece of news that might make you all even more fed up with the SBF Sociopath.

Check out this news: https://www.nytimes.com/events/dealbook-summit#speakers


DealBook Summit
- November 30, 2022,
- 8 a.m. – 6 p.m. E.S.T.
- New York City
- Premier Sponsor Accenture

He was even a speaker at the event, his photo was in the top spot being a key person who would give financial advice.

But, is he going to come to the event and say that FTX's collapse was due to hacking and not his fault?
Maybe if Do Kwon is presented it will also complete the list of potential and talented young speakers (to the detriment of millions of people).
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
November 17, 2022, 08:43:36 AM
#35
Sam lacks respect for the community he destroyed their life savings. Not everyone has the mind bear such losses. People repose trust on you and you fuxk them up by gambling with their money. Then coming online to talk trash.

If you are not ready and don't want to lose like that then you better not invest in this market. The market is not a get-rich-quick and no market is without risk even if you are a traditional trader. SBF makes mistakes that deserve punishment but he doesn't force you to put your trust in him and you can also protect your own assets instead of leaving it to someone else to manage. I'm not defending him but you should be responsible for your property rather than blaming someone else.
sr. member
Activity: 714
Merit: 277
November 17, 2022, 08:01:35 AM
#34
In the US at least, it seems improbable during the Democratic tenure.

- I read this source link that you gave here Sir, honestly, I was surprised by that article. In the last election that took the place last year 2021-2022 if I read correctly, SBF spent about 40M$ on one political person.
Also, in the coming election when Donald Trump runs in 2024, he is ready to give support worth 1B$, for him, that amount is shocking, to be honest.

But with this incident in the FTX scandal, I keep wondering if he will continue to be a major donator in Donald Trump's run in the year 2024.

hero member
Activity: 2660
Merit: 608
Vave.com - Crypto Casino
November 17, 2022, 07:05:01 AM
#33
although I've somehow hated CZ for always intervening with the market. But this one is an exception and it's good that he has exposed this kid and his cohorts.
If this haven't been talked about, I'm sure that many poor innocent depositors on FTX would have no idea freaking idea that their money is being played on.
CZ usually tries to do that constantly, sometimes he is right and does the right thing, sometimes he is wrong and mistakes things but at the end of the day his values are true to crypto and his aims are great for it as well.

He wants everything to stay the same and be good, which is a good reason to attack or at least warn and that is what he did here as well and it worked out very well for people who wanted to get out. He had absolutely no reason to keep FTX alive, why would he be the one that works so hard for it, and that means we are talking about his own money would have gone to save everyone, he didn't have that responsibility so he should not be considered a reason for this.
I'm starting to have that sense in him that he's genuine in his words. But it's also hard to play on the trust of everyone especially if you're owning the huge and most known exchange in the world. The thought of having the kind of manipulation that we used to see before and until today can't be gone. I do understand the backing out when he had thought of helping FTX, it's already sinking and there's no way it could be uplifted so he's left them.

It's hard to know if CZ is doing the right thing for the community or he is doing it for his own benefit, the bankruptcy of the FTX exchange will bring a lot of benefits to binance, FTX was once considered the most formidable competitor of Binance.
We have a lot of exchanges but binance almost dominates the crypto market and if it continues like that you will soon start to hate him more because of Binance's monopoly on the market. I can't say that his actions are commendable, but as for him being the initiator of the release of the proofs of reserve, I really applaud it.
We can give him the benefit of the doubt because he do really helped a lot of people this time and FTX wasn't transparent when they're on the verge of falling down.
If it's not for him, there could be more people that will deposit to FTX and it could be massive wealth and life savings that will be gone for its entirety if he hasn't exposed them.
full member
Activity: 882
Merit: 215
#SWGT PRE-SALE IS LIVE
November 17, 2022, 05:29:10 AM
#32
I've been reading some rumors that SBF is just too young to pull something this big. People have hinted or suspected that some Government or Financial institution is involved in this debacle. It could be well true if you're going to look at the list of people that has been connected with the exchange. We'll see once the cases filed against him and FTX starts rolling.

It will be all cleared once they start the investigations and one by one they will gonna track who's really behind it one thing is for sure, they will gonna face some real consequences if they are proven guilty because what they have done is not a small matter because they clearly act good in the first place and attract more customers. until when they found an opening, they execute their plan and they even do a cheap manipulation when they suddenly fool their users as if it was real that they were hacked. Damn! that's really an obvious escape because they can no longer give their users crypto assets anymore.

The crypto world has to work on its overall reputation for immaturity ranging from security issues to hacking can only push newcomers away from adopting cryptocurrencies. I think there needs to be an effort to protect legitimate services from attacks like this. whether we have made or lost money with our investments.
hero member
Activity: 2142
Merit: 584
You own the pen
November 17, 2022, 05:11:22 AM
#31
I've been reading some rumors that SBF is just too young to pull something this big. People have hinted or suspected that some Government or Financial institution is involved in this debacle. It could be well true if you're going to look at the list of people that has been connected with the exchange. We'll see once the cases filed against him and FTX starts rolling.

It will be all cleared once they start the investigations and one by one they will gonna track who's really behind it one thing is for sure, they will gonna face some real consequences if they are proven guilty because what they have done is not a small matter because they clearly act good in the first place and attract more customers. until when they found an opening, they execute their plan and they even do a cheap manipulation when they suddenly fool their users as if it was real that they were hacked. Damn! that's really an obvious escape because they can no longer give their users crypto assets anymore.
legendary
Activity: 1736
Merit: 4270
November 17, 2022, 04:19:40 AM
#30
https://decrypt.co/114888/new-ftx-ceo-distances-company-from-sbf-after-founders-ongoing-tweets
New FTX CEO Distances Company From SBF After Controversial DMs Surface
FTX’s new post-bankruptcy leader may not be a fan of Sam Bankman-Fried’s social media transparency.

FTX doesn't stand a chance. Soon everyone will forget about this exchange, and the SBF and the team will come up with a new scam.
hero member
Activity: 1260
Merit: 515
November 17, 2022, 04:15:42 AM
#29
And with that, SBF was hit by a class-action lawsuit:

Quote
The founder of the now-collapsed crypto trading company FTX has been hit with a class action lawsuit by investors alleging he and other high-profile celebrities — such as legendary NFL quarterback Tom Brady and NBA star Stephen Curry — violated Florida law and made consumers suffer more than $11 billion in damages.

https://www.foxbusiness.com/markets/ftx-founder-sam-bankman-fried-hit-class-action-lawsuit-also-names-brady-bundchen-shaq-curry

And the plot tickets, as there are reports that there could be lawmakers also involved, either as a investors and so this investigation will drag a lot of names not just sports personalities such as Tom Brady and Steph Curry.
legendary
Activity: 2072
Merit: 1023
★Bitvest.io★ Play Plinko or Invest!
November 17, 2022, 03:53:18 AM
#28
He's still a kid.
He's got his way to the top as if it was easy on him when he has understood how his way up there been. Dude has got no remorse and not feeling sorry.
With that way of tweeting, he should have just kept quiet and better let himself cleared and explain of what happened instead of tweeting like a weenie.

They promoted this kid by the way to be one of the billionaire philanthropists who donate to charities and he is not interested to make money. If the Alameda data wasn't leaked and published by coindesk, this wouldn't happen.

The tweet is out of character. It should be CZ to give thanks for finally ending their scam by triggering. Many things were uncovered about his girlfriend Sweet Caroline, by the way, the ones who investigate deeper could really say he is just a kid and is being used.
That's right, although I've somehow hated CZ for always intervening with the market. But this one is an exception and it's good that he has exposed this kid and his cohorts.
If this haven't been talked about, I'm sure that many poor innocent depositors on FTX would have no idea freaking idea that their money is being played on.

It's hard to know if CZ is doing the right thing for the community or he is doing it for his own benefit, the bankruptcy of the FTX exchange will bring a lot of benefits to binance, FTX was once considered the most formidable competitor of Binance.
We have a lot of exchanges but binance almost dominates the crypto market and if it continues like that you will soon start to hate him more because of Binance's monopoly on the market. I can't say that his actions are commendable, but as for him being the initiator of the release of the proofs of reserve, I really applaud it.
full member
Activity: 1834
Merit: 166
November 17, 2022, 02:34:12 AM
#27
Although he knows what happened he was just pretending that it was all not his mistake and he is also one of the victims but the one's who are at loss is the user who were holding FTT tokens and the employees who lost their job and their funds with FTX reserves or their native token.It was really bad phase in which we are all striving to get out as the whole market is affected but hold strong as there might be another SBF saying the same thing in future.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
November 17, 2022, 12:45:58 AM
#26
Well there is nothing this man says that will make me believe a word he says.  He is full of lies and we can only hope that there will be some justice served for his terrible unethical actions.

We can only hope that the us will bring him in to properly charge him with horrible crimes.  Many innocent people lost all of their life savings because of this evil lying man and I do not feel bad for him one bit.

legendary
Activity: 2492
Merit: 1332
November 16, 2022, 06:07:15 PM
#25
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.
I doubt it, to me he was a Trojan horse, the more people investigate him the more links they find to political parties and other prominent figures, so it is likely that this was planned from the beginning and he did all of this to try to bring the market down, and if that did not work then his actions will bring even more regulations to the market that people like us will have to go through, if that is the correct interpretation, or at least it is close to the truth, then it is unlikely he will ever face jail time.
sr. member
Activity: 2310
Merit: 355
November 16, 2022, 05:53:00 PM
#24
He is planning to raise another funds in return of something, if you are an investor of this I suggest not to deal with this guy, he’s a fraud and leaving the project behind speaks a lot about his personality. He already lose the trust of the public, sooner or later someone will raise this into court and he have to deal with it. Avoid dealing with SBF at all cost, this is for your own sake so better to ignore this guy. He is known now as one of the top scammer, such a shame.
full member
Activity: 2128
Merit: 180
November 16, 2022, 05:48:32 PM
#23
We shouldn't trust our money to these sociopaths. Just read the news reminder at the top that was written by theymos, there's nothing nice that's do than that right now. I wish he'll be convicted over that mismanagement as well as his team.
Good to see this warning here in forum, hope to see more of this.
SBF is such a crazy guy who spend a lot of money donating to many politicians, as if he is asking for some backup if something bad happen. With the current situation, its not advisable to trust this guy anymore many already lose the money and better for SBF to bring it back and stop the fraud, he deserve the punishment.
legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
November 16, 2022, 05:09:34 PM
#22
We shouldn't trust our money to these sociopaths. Just read the news reminder at the top that was written by theymos, there's nothing nice that's do than that right now. I wish he'll be convicted over that mismanagement as well as his team.
After this no one will believe in him anymore he is like doing puzzles like a child who doesn't know anything about his own problems, for me he is a virtue who doesn't care about his consumer funds, I also expect some news he was arrested and legal justice for them and their team.
He has scammed a lot of customers in one night and he is still on the loose.
member
Activity: 843
Merit: 52
November 16, 2022, 04:17:29 PM
#21
Sam lacks respect for the community he destroyed their life savings. Not everyone has the mind bear such losses. People repose trust on you and you fuxk them up by gambling with their money. Then coming online to talk trash.
legendary
Activity: 2086
Merit: 1058
November 16, 2022, 02:31:32 PM
#20
although I've somehow hated CZ for always intervening with the market. But this one is an exception and it's good that he has exposed this kid and his cohorts.
If this haven't been talked about, I'm sure that many poor innocent depositors on FTX would have no idea freaking idea that their money is being played on.
CZ usually tries to do that constantly, sometimes he is right and does the right thing, sometimes he is wrong and mistakes things but at the end of the day his values are true to crypto and his aims are great for it as well.

He wants everything to stay the same and be good, which is a good reason to attack or at least warn and that is what he did here as well and it worked out very well for people who wanted to get out. He had absolutely no reason to keep FTX alive, why would he be the one that works so hard for it, and that means we are talking about his own money would have gone to save everyone, he didn't have that responsibility so he should not be considered a reason for this.
legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
November 16, 2022, 10:39:01 AM
#19
From what I understand there is basically "oh our funds were stolen" as usual and nothing more. It's obvious that we are talking about a place that didn't take care of their security very well or just stole people’s money themselves. The reality is that if you are FTX then you put all the money into cold storage and only put a small amount of it on withdrawable hot wallet.

When you lose hundreds of millions of dollars, that means you didn't do the very simplest thing, which is cold offline storage. This can't be the only reason but they keep saying that it is, and they are just bankrupted because they were hacked into, one of the millionth exchanges that gives the same reasoning.
legendary
Activity: 1736
Merit: 4270
November 16, 2022, 09:51:32 AM
#18
SBF is a clown who got the right to hold big money.
Read Edward Snowden's tweet. There is a link to an article where it says where the money was actually spent.
https://twitter.com/Snowden/status/1591848718243954693
5 million people lost money, how many people lost money as a result of this scam on other exchanges?


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