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The FTX scam, Sam Bankman-Fried, the Clintons and the Democrats

Discussion in 'BBS Hangout: Debate & Discussion' started by AroundTheWorld, Nov 13, 2022.

  1. larsv8

    larsv8 Contributing Member

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    As expected

     
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  2. AroundTheWorld

    AroundTheWorld Insufferable 98er
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    Literally like talking to a 5 year old.

    Actually, that's an insult to the 5 year old.
     
  3. AroundTheWorld

    AroundTheWorld Insufferable 98er
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    Like others before him, he used the promise of altruism to scam people out of their money. Very altruistic of him to live in a huge Bahamas penthouse.

    In addition to the political links, another fascinating element of this story is the lack of due diligence and absolute dumbassery by institutional investors, all the way up to Sequoia. And the Ontario Teachers' Pension fund wasted their teachers' money on this scam. And many of the other usual suspects did as well.

    This is not about an investment not working out. This is about pouring money into an obvious fraud.
     
  4. Space Ghost

    Space Ghost Contributing Member

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    If you don't know anything about it, why are you so certain? Because it's picking at your favorite political team?
     
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  5. FranchiseBlade

    FranchiseBlade Contributing Member
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    Hopefully this won't be as boring as Theranos.
     
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  6. Space Ghost

    Space Ghost Contributing Member

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    I don't think the EA directive is to scam people and institutions out of billions of dollars. This was pure fraud to the highest degree. Straight to jail. If he doesn't end up in prison, he will likely end up dead.

    My only reserve is SBFs end game. What was he thinking?

    I know people who lost money in Celcius. I advised them to stay off these yield earning products. I asked them if they understood where these yields were coming from. Maybe me following this industry since 2017 has helped me understand the lack of regulation and fraud running rampant has allowed this behavior to continue to this day. Hard-core Butcoiners have continued to warn people not to engage in this degenerate behavior.

    Ethereums day is coming too. It might not be this year or next year, but it will implode. The difference is Vitalik is actually altruistic unlike SBF.
     
  7. Space Ghost

    Space Ghost Contributing Member

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    You probably shouldn't find the Theranos story boring.
     
  8. larsv8

    larsv8 Contributing Member

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    What is it that I am certain about?

    That is the whole point...unlike you lemmings, I actually try to understand what the underlying facts are and make my own decisions. I read all the postings, the threads, the articles, etc. The twitter threads give bits and pieces of information, but its hard to verify any of the information. The Fortune article, while atleast a semi reputable source, fails to lay out what the connection to the SEC is other than it "happened on his watch" and some other vague reference to what a Republican Congressman infers is happening.

    So, as I should, I ask questions to try and understand better. Not surprisingly, OP can't answer even basic questions, which makes it seems like he himself has no idea what he is even posting about. And not just a lack of answering the questions, but downright hostility that I had the audacity to even ask some questions.
     
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  9. FranchiseBlade

    FranchiseBlade Contributing Member
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    I'm fine with other folks being interested. But it was quite uninteresting to me. I'm okay with what entertains me being outside of the mainstream. Most of the music and films I enjoy aren't the main stream hits. I'm used to it. Elizabeth Holmes is mildly interesting, but not worth too much time or investment. The scandal itself wasn't interesting after learning about what happened on a basic level.
     
  10. AroundTheWorld

    AroundTheWorld Insufferable 98er
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    Kid, you haven't read anything. You even admitted to having no idea.

    You just thought you could pretend being smart by asking dumbass questions.

    In contrast to you, I posted sources and content. You have literally added nothing whatsoever to this thread, other than trying to derail it.

    It's like @Space Ghost posted. You don't like who might be implicated, you think you can score some brownie points based on who the OP is, so you post non-sensical crap.

    All you have done is embarrass yourself.

    None of this will change anything about updates to this developing story being posted to this thread.
     
  11. larsv8

    larsv8 Contributing Member

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    My God, you actually think random think twitter threads are sources?

    As noted earlier, my suspicion is the reason you won't answer basic questions, is most likely because you can't.

    But I'm ready to be proven wrong. Go ahead, lay those truth bombs on me.
     
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  12. AroundTheWorld

    AroundTheWorld Insufferable 98er
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    Proven wrong on what? You haven't really made any claim. You are just cluttering the thread.

    What are you even asserting? o_O
     
  13. AroundTheWorld

    AroundTheWorld Insufferable 98er
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  14. larsv8

    larsv8 Contributing Member

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    That you can't answer my question.
     
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  15. Amiga

    Amiga 10 years ago...
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  16. Space Ghost

    Space Ghost Contributing Member

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    Crypto Twitter is massive. This is equivalent to gamestop/wallstreetbets-reddit.

    Your beloved CNN/MSNBC is on the fringe of the story.
     
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  17. larsv8

    larsv8 Contributing Member

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    Cool story.

    Still can't seem to get any answers to basic questions.
     
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  18. Amiga

    Amiga 10 years ago...
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    WTF is this? Take a legitimate tweet/fraud/scam/crime and wrap it around conspiracy. LOL
     
  19. Amiga

    Amiga 10 years ago...
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    Someone saw this coming. These guys are hardcore Republicans.

     
  20. AroundTheWorld

    AroundTheWorld Insufferable 98er
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    Okay, so you haven't contributed anything to the thread. Go find a hobby or something.
     
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