Breaking: FTX files for Bankruptcy, founder started FTX 13 days after Biden said he was running and became megadonor

I don't know why sociopathic liberalism runs wild in a high percentage of members of that ethnic/religious group, but it just does.

I always find it ironic that Adolf Hitler (a homosexual into animal rights and socialism) and Franklin D Roosevelt - two "leftys" - both hated that ethnic/religious group, the same one full of other "leftys."

It's like a case of sociopathic liberals hating on one another.

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Incidentally, Wall Street in 2020 donated way more money to Joe Biden than it gave to Donald Trump.

The infamous Bernie Madoff was a big-time liberal Democrat, just as many other greedy, dishonest, unethical wealthy elitists are too.

In a way, since rich fuckers tend to be of the left, not right, that's one reason why so many people like getting in bed with "leftys."


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Shit opinion by a tard

You're actually making one of my other primary arguments against crypto, its primary utility seems to be the promise that it will make its backers rich.

As someone whose at a different place in life, to become a crypto fan I'd need to obtain some other utility from it. As I've failed to find one after all these years, I've come to realize there probably isn't one. I'm afraid that its your generations "much ado about nothing" moment.

But yes, some people will get rich but it's an ill-gotten gain. Hardly something to be proud of, it could be argued that drug dealers make more contribution to society.

If you want to dig deeper though, I'll say the "block chain" tech component of it has real value as means to improve title transfer of goods in general. Somebody out there will realize this, sooner or later, and could do really well. For example, it could revolutionize property and automobile title chain searches and act as a transfer mechanism.

Ponzi scheme to launder election contributions.

They sponsored the MLB umpires. LOL

None of it was based on any fundamentals...investors were retards.

Crypto is trending towards having real life utilities that benefit holders.

Those are the kinds of tokens I invest in and will be the ones with long term wealth.

Don't forget FTX arena in Miami lol

Dude was worth around 26 billion in March, sale collapsed not sure if he's worth anything now. Was worth 16 million before the failed sale. Biggest loss of wealth in a day they said ever. Should of followed the pharma CEOs and other criminals and sold his shares long ago...sure he socked some away in families accounts though.

Wow.

Also loaned the sister company funds using account holders funds, wtf ? How is that possible ?

Bernie madoff Jr.

They are mostly all Freemasons as well.

Funny how that works, most Freemasons are weak minded libs. Naively enticed to join an ambiguous Satanic cult so they can get the deals and get ahead in life.

I keep mine in 500 rd. crates.

Hell hates demons, ironically.

Biden’s second biggest donor is the biggest financial criminal of all time

Incredible

Goodbye Here

https://imgur.com/a/4c38QTT

It’s just a ruse to bring in regs. Regs and cheap Bitcoin to make way for a programmable stable coin. Social credit score…

BS no one wants the tech, no one needs crypto, it only makes the bankers rich when you gamble on the stock market

Seek stupid inverters, oh wait, no one is that stupid to buy crap coins

Donating the investors money, then filing for bankruptcy

Crypto is a scam ponzi

name had a prophetic aspect to it

This sounds like that polka dude

Using invested money to pay off the politicians not to go to jail

Polka give you 10% return better than bank
You want withdraw ok but then you miss out on super investor club, you invest in euthorium and make 15% return

Meanwhile the dude is gone with the money living it up on your hard earned cash

Ooohhh market not so good now, investment gone, me close company

Sorry, laughing all the way in his Ferrari to his villa

You tell all friends come invest in polka, polka 20% return when market get better in new company



That's what these crypto tards are doing, clear scam

FTX founder (((Sam Bankman-Fried)))

My legitimate blockchain business was blocked. Top people in NFTs made it impossible to build. Even the company I hired to build the website.

They want NFTs to be art and assets and my company is not that.

At this point you'd have to be an absolute RETARD to have trust in anyone in the crypto world.

The space is FULL of scammers, criminals and more. Tether, Bitfinex, etc.


Trust is gone. Good riddance to digital dogshit.

Prison labor camps were invented for people like SBF and Elizabeth Theranos.

Here's how it works:

- FTX creates $FTT
- Alameda buys or premines $FTT at super low price
- FTX pumps $FTT
- Alameda posts $FTT back to FTX as collateral, borrowing "real" assets from FTX's customer deposits

Both entities get to show auditors they have legitimate credit agreements and claim a genuine arms-length relationship.

That's how the circular piggy bank facilitates the transfer of customer funds out of FTX and into Alameda's prop trading business.

All while looking legi

FTX was a Ponzi for Alameda, he needed a front and a way to get mass deposits, He would then used customers funds to short assets he felt were competitors, he would place alameda customers in the shorts and pay back the loss with the fee . He was using FTX as a front to launder customers money into shorting his competitors and then reaped the rewards on both ends

Gary may have been helping him create loop holes to get around the regulations , this is why the XRP case was taking so long, Gary may have been double dipping here