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FTX In A Nutshell


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2022 Nov 14, 6:25am   35,676 views  235 comments

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https://doomberg.substack.com/p/poof-of-work




Some questions: will US taxpayers money or Fed fraud money be used to bail these idiots out? Why were regulated entities like pension funds and insurance companies 'investing' in this crap in the fist place?

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175   Patrick   2022 Dec 23, 1:38pm  

https://padailypost.com/2022/12/22/disgraced-cryptocurrency-king-sam-bankman-fried-released-to-custody-of-his-parents-in-palo-alto/

This article says he didn't actually have to put up $250 million. From the Daily Post, the local paper in Palo Alto area.

He's back in his parents' house, only a couple of miles from me.




176   Ceffer   2022 Dec 23, 2:47pm  

Patrick says


He's back in his parents' house, only a couple of miles from me.

I would bet the actual guy isn't. He's too dangerous to them to not keep under lock and key at this point. They may already have an avatar primped and pimped for public appearances.

Real Sam probably can't go out in public without a bunch of red laser dots dancing on him.
177   mell   2022 Dec 23, 4:54pm  

The "gf" recanted and is throwing sbf under the bus. Proof it's likely female
178   Ceffer   2022 Dec 23, 5:46pm  

LOL! The other unnamed people are Mr. and Mrs. CIA, address, Lake Geneva, Switzerland.

179   Patrick   2022 Dec 23, 9:13pm  

https://marcopolousa.substack.com/p/prepping-for-trial-on-the-peloton


When your mommy & dad are professors at Stanford, the U.S. criminal justice system applies differently to you. For example, as Matthew Russell Lee of Inner City Press explained, the precedent set by Samuel Bankman-Fried’s faux $250M “bail” is simple & disastrous: if you’re 1) rich and have 2) committed crimes and 3) expect to be indicted, get out of the CONUS. If you stay out of the CONUS, you can use waiving your extradition rights as a bargaining chip for being granted bail — even if you swindled your customers out of billions. We’re sure Ghislaine Maxwell wishes she would have ditched New Hampshire for an offshore hideaway before her arrest, as conditions in the MCC were less than desirable for the Israel-linked espionage queen. ...
180   Ceffer   2022 Dec 23, 10:28pm  

SBF is the object of two legal proceedings: bankruptcy and criminal fraud. However, the criminal part was probably brought specifically so he could plead the fifth and stay silent, or be patsy'd out etc etc. The others have already plea bargained to obtain their silences. I would bet SBF is nowhere near his parents' house at Stanford and is likely in a safe house somewhere until his handlers decide how to dispose of him/avatar him one way or another.
He's a powder keg, and his useful idiot/ponzi storefront life is over. His liability factor is through the roof.
182   Patrick   2022 Dec 27, 12:45pm  

https://dailycaller.com/2022/12/26/sam-bankman-fried-ties-regulators/


Disgraced former crypto billionaire Sam Bankman-Fried developed deep ties with regulators he wanted to oversee the crypto industry, emails reportedly show.

Bankman-Fried hired multiple former regulators at the Commodities Futures Trading Commission (CFTC) to staff his legal team at FTX, his Bahamas-based crypto exchange. They helped him develop relationships with top CFTC officials and other regulators, according to the LA Times.
184   HeadSet   2022 Dec 28, 8:45pm  

Not much of a "resignation." He does not leave until the end of January.

SEC Announces Departure of Dan Berkovitz; Megan Barbero Named General Counsel
FOR IMMEDIATE RELEASE
2022-235

Washington D.C., Dec. 22, 2022 —
The Securities and Exchange Commission today announced that General Counsel Dan Berkovitz will depart the agency, effective Jan. 31, 2023. Megan Barbero, currently SEC Principal Deputy General Counsel, will be appointed General Counsel, effective upon Mr. Berkovitz’s departure.


https://www.sec.gov/news/press-release/2022-235
185   Ceffer   2022 Dec 29, 9:40am  

LOL! I guess the theme song of the Intel money laundering/Crypto-Ponzi is 'Sounds of Silence'. Guess the Hollywood Actor studios are going to have to do auditions for hyperactive lawn ornament babblemouths to pose as Sam Avatar. Lets see what token justice takes place to memory hole this criminal boiler room Intel Agency enterprise.

https://t.me/gatewaypunditofficial/23013
186   rocketjoe79   2022 Dec 29, 9:47am  

Notice this is happening VERY quickly - before Repubs take power in January.

Still waiting for the January 6 Trials to happen for all the political prisoners from that day. Don't we have a speedy trial statute? Oh, maybe that doesn't apply in the District of Columbia. Maybe they operate outside the law. Huh.
187   rocketjoe79   2022 Dec 29, 9:49am  

Misc says


He's out on $250 million bond.

He doesn't think he will be Epsteined.


He's not getting Epsteined. He's getting paid to take a plea deal so there will never be any testimony.
188   Ceffer   2022 Dec 29, 1:01pm  

Federal JudgeFuck: "You have been punished enough, my child. We will release you on probation and a promise that you never engage in international money laundering, influence peddling, bribery of politicians, or Ponzi robbery of huckstered clients to the tune of billions again. You may also have to give up a few of your properties purchased with other people's money. Go in peace, and stay shut the fuck up if you don't want to sleep with the fishes."
189   Patrick   2022 Dec 31, 10:16am  

https://markets.businessinsider.com/news/currencies/alameda-billion-in-liabilities-in-korean-friends-account-2022-12


Alameda Research borrowed billions of dollars of customer funds from FTX exchange.
The firm's liabilities were then masked under a pseudonym account on FTX.
Caroline Ellison and Gary Wang have pleaded guilty to numerous counts of fraud. ...

A lawsuit filed by the Commodity Futures Trading Commission on December 13 states that Bankman-Fried directed FTX executives to move Alameda's approximately $8 billion in liabilities to an unknown customer account on FTX's systems.

The lawsuit also claimed that Bankman-Fried would later refer to that account as "our Korean friend's account" and/or "the weird Korean account."
190   Patrick   2022 Dec 31, 10:17am  

https://www.bloomberg.com/news/articles/2022-12-27/us-probes-how-372-million-vanished-in-hack-after-ftx-bankruptcy


US Probes How $372 Million Vanished in Hack After FTX Bankruptcy
DOJ tracking hacker, frozen assets stolen from FTX: source
Assets were siphoned from FTX when it filed for bankruptcy
191   Ceffer   2022 Dec 31, 11:57am  

As stated, the 372 million was probably the Intels and DARPA extracting their grub stake. All of the controlled legal proceedings will simply anoint it as business as usual. Who cares if it was an illegal transfer?
193   Patrick   2023 Jan 4, 8:23am  

https://notthebee.com/article/sam-bankman-fried-is-asking-for-the-backers-of-his-250-million-bail-package-to-be-kept-anonymous


From Bloomberg:

FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.

Lawyers for Bankman-Fried on Tuesday filed a letter seeking redactions of the names of the two people who intend to sign on as sureties to his $250 million bail package, saying there is no need for public disclosure.

Bankman-Fried has been accused of some pretty staggering financial crimes. It stands to reason that we should be at least a little bit aware of who's putting up these staggering sums of money to keep him out of lockup, right?
194   Ceffer   2023 Jan 4, 8:45am  

Remember all the detective shows? They need him free to control his arc and it makes it easier to bump him off etc. Woo says they already have a body double for him.

Enemies and controllers might want to post your bail, they don't have to be his friends or even care about his freedom.
195   Ceffer   2023 Jan 4, 9:46am  

When tossers from the bleachers can predict the outcomes of their corruption and fake optics:

https://t.me/gatewaypunditofficial/23290
196   HeadSet   2023 Jan 4, 10:06am  

Ceffer says

Tucker and a few others, but they are clearly censored off certain topics and have to tap dance around them.

Yep, heard Brian Kilmeade on the radio this morning talking about the Damar Hamlin heart attack. He and his guest spoke in length about how a chest hit could cause a heart attack. Absolutely no mention of the vaxx as a possible cause. I presume FOX has warned its people not to diss big sponsor Pfizer.
197   Ceffer   2023 Jan 4, 10:19am  

Plenty of time to plan the dog and pony show. Maybe they will dust off that bribed lesbian federal judge from Jizzlaine's trial? Have Sam's fake avatar tried with no cameras allowed at trial? The faked federal show trial is becoming a gig.

https://t.me/JustDudeChannel/27086
198   Patrick   2023 Jan 7, 3:38pm  

https://marcopolousa.substack.com/p/pillow-talk-benefitting-sbf


Pillow Talk Benefitting SBF?
SBF's attorney, Christian Everdell, is married to Ann Marie Preissler, an attorney in the Division of Enforcement at the SEC's New York office.
200   WookieMan   2023 Jan 8, 2:34pm  

Who cares? A bunch of morons trusted a moron. I feel sorry for no one that lost money. Crypto is a fucking spreadsheet. I've argued this to a nauseating extent with no valid answer. Just fucking childish "hold" jokes that I'm laughing at now. Enjoy. You don't understand marketing AT ALL if you invest in crypto. It's not the future. The USD IS crypto already. People are fucking morons. Sorry, I'm annoyed by crypto talk. Seemingly smart people are absolutely blinded. Kind of funny.
202   WookieMan   2023 Jan 9, 12:11pm  

Patrick says





Don't even give it the decency of calling it "currency" because it's not. It's not an investment either. It's shit. And even shit can be dried and incinerated/burned to create electricity, so that has some value. It's marketing, FOMO and manipulation likely by some international cartel of some sort.
204   Ceffer   2023 Jan 12, 2:39pm  

Whatever happened to lawyers telling the client to shut the fuck up? Squealing narcissistic runt thinks psychopath virtue signaling school and blame shifting will actually get him out of this? "The first rule of Intel Agency Club: Don't make the Intel Agencys look bad". He may have changed the Dead Pool on his odds of survival.

https://t.me/gatewaypunditofficial/23730

https://www.thegatewaypundit.com/2023/01/ftxs-sam-bankman-fried-posts-manifesto-social-media-crazy/
205   Ceffer   2023 Jan 12, 10:49pm  

Meanwhile, back at the CIA Ponzi/money laundering scheme.

https://t.me/drue86/30493
"Kevin O'Leary and Anthony Scaramucci say their due diligence failed to spot FTX risks. 'We all have egg on our faces.'" Meaning, they didn't get out of the Ponzi soon enough before it collapsed.

https://markets.businessinsider.com/news/currencies/ftx-crypto-crash-kevin-oleary-anthony-scaramucci-2022-12

https://www.msn.com/en-us/money/other/from-tom-brady-to-kevin-oleary-here-are-11-famous-backers-of-ftx-set-to-be-wiped-out-in-the-exchanges-stunning-collapse/ss-AA16bDrx#interstitial=1
206   Patrick   2023 Jan 12, 11:06pm  

https://markets.businessinsider.com/news/currencies/ftx-bankruptcy-top-investors-list-tom-brady-kevin-oleary-sbf-2023-1


From Tom Brady to Kevin O'Leary, here are 12 famous backers that invested in FTX and are now facing a wipeout.

1. Tom Brady
2. Robert Kraft
3. Gisele Bündchen
4. Kevin O'Leary
5. Anthony Scaramucci
6. Sequoia Capital
7. Thoma Bravo
8. Tiger Global
9. Third Point
10. Ontario Teachers' Pension Plan
11. Temasek
12. Peter Thiel
207   WookieMan   2023 Jan 13, 7:30am  

Patrick says

https://markets.businessinsider.com/news/currencies/ftx-bankruptcy-top-investors-list-tom-brady-kevin-oleary-sbf-2023-1



From Tom Brady to Kevin O'Leary, here are 12 famous backers that invested in FTX and are now facing a wipeout.

1. Tom Brady
2. Robert Kraft
3. Gisele Bündchen
4. Kevin O'Leary
5. Anthony Scaramucci
6. Sequoia Capital
7. Thoma Bravo
8. Tiger Global
9. Third Point
10. Ontario Teachers' Pension Plan
11. Temasek
12. Peter Thiel


Why would anyone invest in crypto after something like this? Zilch, none, zero of this shit is secure, safe or valuable. It's all a marketing lie.

The housing crash was bull shit, but at least it put a roof over your head. What in the flying fuck does crypto do for you? It has no utility whatsoever. No assets beside YOUR USD$. It's not an actual currency. I buy 100% of anything in USD$ or Pesos. 99.9% of the population does the same. Crypto is pure lies and shit.

I'm glad the crypto threads went away, but I won't stop bashing crypto until they create ones with assets. Lol. Wait, it's called a REIT and it's tax advantaged as well. You can actually see the buildings you invested in. Never thought I'd see the day an excel spreadsheet has value for nothing productive. It happened.
208   Ceffer   2023 Jan 14, 4:11pm  

So, now he is trying the concentration camp guard ploy of 'I was just following oders.' So, then, exactly WHOSE orders and to what ends? Weren't we supposed be under the illusion that he was the boss? His Deadpool odds continue to recede. If he is threatening his CIA and DARPA masters, he will be shortly kiboshed and avatared for the fake Federal show trial.

https://t.me/gatewaypunditofficial/23827
209   Patrick   2023 Jan 15, 10:18pm  

https://www.dailymail.co.uk/news/article-11638183/Sam-Bankman-Frieds-dad-lawyers-FTX-investigation-intensifies.html


Sam Bankman-Fried's father lawyers up as FTX investigation intensifies: He had given 'legal advice' to his son twice and received cash payments from disgraced crypto giant
Sam Bankman-Fried's father, Joseph Bankman, has obtained a lawyer
Bankman, a law professor at Stanford, allegedly gave his son legal advice
The father also obtained payments from FTX, new FTX CEO John Ray said
Bankman-Fried is currently on house arrest at his parent's Palo Alto home
The disgraced FTX CEO is accused of defrauding investors out of billions
By HOPE SLOOP and ANEETA BHOLE FOR DAILYMAIL.COM

PUBLISHED: 17:26 EST, 15 January 2023 | UPDATED: 17:34 EST, 15 January 2023


I'm sure SBF's father was extremely well paid for his "advice" and is now worried he will have to give back his ill-gotten gains.
210   Ceffer   2023 Jan 15, 10:53pm  

Patrick says


I'm sure SBF's father was extremely well paid for his "advice" and is now worried he will have to give back his ill-gotten gains.

Well, earlier in the alternative news cycle, they stated that 'family' somehow obtained funds to invest in expensive high end properties in the Bahamas, so, I guess you could say that is well paid. How and where funds and loans came from is the question.
211   Onvacation   2023 Jan 16, 9:25am  

Patrick says

By HOPE SLOOP and ANEETA BHOLE

Is that pronounced like "bowl " or "b-hole"?
213   Patrick   2023 Jan 17, 8:03pm  

https://slaynews.com/news/judge-name-shame-ftx-ceo-secret-high-profile-250-million-bond-guarantors/


Judge Called On to Name & Shame FTX CEO’s Secret High-Profile $250 Million Bond Guarantors
214   Ceffer   2023 Jan 17, 10:27pm  

Here's the judge's decision: "HAHAHAHAHAHAHAHAHAHHAHAHHA! Obvious they don't have YOUR Epstein videos."

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