Results 1 to 10 of 58

Thread: In less than a week, Sam Bankman-Fried's $16 billion fortune evaporated

Hybrid View

  1. #1

    Default In less than a week, Sam Bankman-Fried's $16 billion fortune evaporated

    Monday he was a billionaire 16 times over. By Friday it became 0.

    Diversify folks. It doesn't matter what sort of sure thing you think you have, diversify.

  2. #2

    Default

    Bankman-Fried's net worth peaked at $26 billion.[9] In October 2022, he had an estimated net worth of $10.5 billion.[10] However, on 8 November 2022 amid FTX's solvency crisis, his net worth was estimated to have dropped 94% in a day to $991.5 million, according to the Bloomberg Billionaires Index, the largest one-day drop in the index's history.[11][8] By 11 November 2022, the Bloomberg Billionaires Index considered Bankman-Fried to have no material wealth.[12] Before Bankman-Fried's wealth eroded in November 2022, Bankman-Fried was a major donor to the Democratic Party and many left-wing political causes.
    Hes 30, he'll be fine...get a job and do something worthwhile kid.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  3. #3

    Default

    License plates would be a good start.

  4. #4

    Default

    A true scandal is opening for the Biden administration.
    -------

    April 25, 2019: Biden announces his presidential campaign.

    13 days later, Sam Bankman-Fried, son of Barbara Fried ( Stanford Professor and co-founder of political fundraising organization "Mind-the-Gap), launches #FTX crypto exchange.

    The exchange is magically an overnight success. SBF becomes biggest donor to Biden.

    Election day, FTX implodes completely.

    If you think this scandal is done, it goes even deeper.

    -----
    Gabe Bankman-Fried, brother to Sam (also a former Jane Street trader), is founder of “Guarding Against Pandemics”

    He was a Legislative Correspondent for the US House of Representatives and an advisor to large political donors in the Democrat party.

    The family Aunt Linda Fried is a WEF member on the Global Agenda Council on Aging.

    The father, Joseph Bankman is a Stanford professor who has lobbied on behalf of Hedge Fund managers before Congress before (film records exist).


    FTX' Head of Ventures & Commercial at FTX Ventures Amy Wu, started with the Clinton Foundation years ago.

    Nishad Singh FTX Director of Engineering has spent over 8 million for Dem candidates.

    And finally Obama's Commodity Futures Trading Commissioner, Mark Wetjen was literally the head of FTX Policy & Regulation.


    Reports were the organization wanted to spend over a billion dollars on the Democratic party for 2024.
    -----
    A massive, massive money laundering operation has just been broken open.

    https://t.me/TheOfficialE/2458




    And so the Laundering attempt is complete.

    Having crashed the charade, the thieves then drain their own repository of over half a billion dollars in funds, claiming a hack, only hours after filing for bankruptcy.
    -

    How terribly, terribly convenient.

    https://t.me/TheOfficialE/2461
    What's the Frequency, Kenneth?

    432Hz

  5. #5

    Default

    https://cryptoslate.com/was-ftx-hack...ting-software/

    Was FTX hacked? Deep dive reveals “backdoor” built into accounting software

    In the latter hours of Friday evening, FTX founder Sam Bankman-Fried secretly moved $10 billion in funds to Alameda trading firm via software "backdoor."




    https://twitter.com/Hedgeye/status/1591240664779743232

    Hedgeye

    @Hedgeye

    🚨

    -ONE MONTH BEFORE THE **** HIT THE FAN (10/11/22) @AlderLaneEggs

    warns about $FTX & @SBF_FTX

    etc to @KeithMcCullough

    "Nothing here fits. Everything reads like it's a complete scam. This thing is dirty and rotten to the core."

    Watch full conversation:

    2:25 PM · Nov 11, 2022




    https://media.128ducks.com/file_stor...4599693455.png
    What's the Frequency, Kenneth?

    432Hz

  6. #6

    Default



    If you have funds with any of these outfits I suggest getting out ASAP, if you can. Withdraw. Get out. Now. They're all completely broke.
    What's the Frequency, Kenneth?

    432Hz

  7. #7

    Default

    Quote Originally Posted by Miteysquirrel View Post
    Hes 30, he'll be fine...get a job and do something worthwhile kid.
    Burger King is around $15 an hour around here.
    The impact of screwing up transactions at BK will not be consequential.
    And they have really cool hats and shirts. For SBF, a fashion boost.
    - UPDATED-
    2.4 BILLION people still cook with manure as their fuel.
    3.0 BILLION more people will be born in the next 30 years.

    IEA, Number of people without access to clean cooking by scenario, 2021-2030, IEA, Paris

    More energy. Not less.

  8. #8

    Default Inoculation

    Deep State often INOCULATES the public to certain eventualities.
    The know a scripted activity is about to be executed, so they message their community in plain sight.

    - or crash and burn



    - UPDATED-
    2.4 BILLION people still cook with manure as their fuel.
    3.0 BILLION more people will be born in the next 30 years.

    IEA, Number of people without access to clean cooking by scenario, 2021-2030, IEA, Paris

    More energy. Not less.

  9. #9

    Default

    ^^^^^
    No way was that guy running this thing. Just another IC money laundering operation. He spent 4 days in the grimy Bahamas prison and that broke him. I understand after arriving in the US he has G Maxwell's old cell.

    Sam Bankman-Fried’s Ex Girlfriend Caroline Ellison is Cooperating with Prosecutors After Pleading Guilty to Charges of Fraud and Conspiracy

    https://www.thegatewaypundit.com/202...ud-conspiracy/
    What's the Frequency, Kenneth?

    432Hz

  10. #10

    Default

    - or crash and burn

    Talk about a bullseye....
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •