Politics FTX Clown Show of errors and NFG

colin traveller

Mi Field Marshall
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......

Run by a shower of hashheads too stoned to know what they were doing...

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As an early crypto skeptic it explains why Bankman only funded Durban's re-election with $2900. However for Beta boy Orourke he gave a million straight out of his customers back pockets.

Bankman's mom a lawyer and Stanford law school professor wrote this
Fried concluded that "we have gotten nothing from our 40-year blame fest except the guilty pleasure of reproaching others for acts that, but for the grace of God, or luck, or social or biological forces, we might well have committed ourselves."

Her boy doesn't meet any hard life parameters and with full knowledge committed one of the biggest frauds in human history.
 
The entirety of SBF's defense is built around avoiding his own terms of service which says FTX can't loan out funds of ordinary users. (margin trading is different)

If this is how FTX "always" processed withdrawals (co-mingling funds for withdrawals), then the Terms of Service have been a lie from the beginning! The withdrawals weren't segregated as promised, they literally were in a huge pot of money, first-come-first-serve.

SBF conned everyone.

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Its the 80's version of the gold certificate.

He had a vision though to have the first regulated coin. He donated to and had a meeting with the SEC boss where he pedaled of his vision of it being traded with regulation equivalent to the banking and share market industry.

His donation generosity had more to do with this, first prestige monopoly on the Wallstreet crypto exchange, the Amazon of Crypto. Where they all flock to.
This is where Binance boss calls him a backstabber.
 
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Overbooked ....More like Arres
Screenshot_20221213_012402_Instagram.jpg
ted Finally
 

US$5mil funneled through Alameda to pro-Biden PAC.
 

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