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The New Coffee Room

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  3. SBF/FTX

SBF/FTX

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  • HoraceH Offline
    HoraceH Offline
    Horace
    wrote on last edited by Horace
    #31

    https://www.reuters.com/technology/exclusive-bankman-frieds-ftx-parents-bought-bahamas-property-worth-121-mln-2022-11-22/

    NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) - Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.

    Separately, attorneys for FTX said on Tuesday that one of the company's units spent $300 million in the Bahamas buying homes and vacation properties for its senior staff, and that FTX was run as a "personal fiefdom" of Bankman-Fried.

    Education is extremely important.

    1 Reply Last reply
    • George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #32

      Screenshot-2022-11-19-at-4.29.49-PM.png

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

      1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by
        #33

        What do Bernie Madoff, SBF, and Harvey Weinstein have in common? Their politics.

        Education is extremely important.

        1 Reply Last reply
        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote on last edited by
          #34

          Interesting

          Only non-witches get due process.

          • Cotton Mather, Salem Massachusetts, 1692
          1 Reply Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by
            #35

            Ha. The NY Post buried it in p16 of a piece about his sex life.

            I guess Murdoch inc wants to keep the SBF-Democrats narrative in play.

            https://nypost.com/2022/11/30/ftxs-sam-bankman-fried-fumed-over-media-spotlight-on-polyamorous-sex-life/?dicbo=v2-047dae0c76df5466b6d98ad07749133e

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            HoraceH 1 Reply Last reply
            • jon-nycJ jon-nyc

              Ha. The NY Post buried it in p16 of a piece about his sex life.

              I guess Murdoch inc wants to keep the SBF-Democrats narrative in play.

              https://nypost.com/2022/11/30/ftxs-sam-bankman-fried-fumed-over-media-spotlight-on-polyamorous-sex-life/?dicbo=v2-047dae0c76df5466b6d98ad07749133e

              HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by
              #36

              @jon-nyc said in SBF/FTX:

              Ha. The NY Post buried it in p16 of a piece about his sex life.

              I guess Murdoch inc wants to keep the SBF-Democrats narrative in play.

              https://nypost.com/2022/11/30/ftxs-sam-bankman-fried-fumed-over-media-spotlight-on-polyamorous-sex-life/?dicbo=v2-047dae0c76df5466b6d98ad07749133e

              The narrative, which is still in play, is that soulless opportunists can be counted on to publicly espouse leftism. Obviously.

              Education is extremely important.

              jon-nycJ 1 Reply Last reply
              • HoraceH Horace

                @jon-nyc said in SBF/FTX:

                Ha. The NY Post buried it in p16 of a piece about his sex life.

                I guess Murdoch inc wants to keep the SBF-Democrats narrative in play.

                https://nypost.com/2022/11/30/ftxs-sam-bankman-fried-fumed-over-media-spotlight-on-polyamorous-sex-life/?dicbo=v2-047dae0c76df5466b6d98ad07749133e

                The narrative, which is still in play, is that soulless opportunists can be counted on to publicly espouse leftism. Obviously.

                jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote on last edited by jon-nyc
                #37

                @Horace obviously not.

                You think the guys pushing the Dems->Ukraine->FTX->Dems absurdity want to add the GOP to the lineup?

                Only non-witches get due process.

                • Cotton Mather, Salem Massachusetts, 1692
                HoraceH 1 Reply Last reply
                • jon-nycJ jon-nyc

                  @Horace obviously not.

                  You think the guys pushing the Dems->Ukraine->FTX->Dems absurdity want to add the GOP to the lineup?

                  HoraceH Offline
                  HoraceH Offline
                  Horace
                  wrote on last edited by
                  #38

                  @jon-nyc said in SBF/FTX:

                  @Horace obviously not.

                  You think the guys pushing the Dems->Ukraine->FTX->Dems absurdity want to add the GOP to the lineup?

                  I am sure that theory about money flow does not hold up to scrutiny. It is prominent in your mind because it's an easy win for your tribe, while the more important and meaningful narrative remains intact. SBF sought social advantage, and he did so by publicly siding unequivocally with the Dems.

                  Education is extremely important.

                  jon-nycJ 1 Reply Last reply
                  • HoraceH Horace

                    @jon-nyc said in SBF/FTX:

                    @Horace obviously not.

                    You think the guys pushing the Dems->Ukraine->FTX->Dems absurdity want to add the GOP to the lineup?

                    I am sure that theory about money flow does not hold up to scrutiny. It is prominent in your mind because it's an easy win for your tribe, while the more important and meaningful narrative remains intact. SBF sought social advantage, and he did so by publicly siding unequivocally with the Dems.

                    jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote on last edited by
                    #39

                    @Horace

                    Ok sure the GOP talking point can become “if you want to be high status join the other party” but somehow I don’t think that’s how Fox News will play it.

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    HoraceH 1 Reply Last reply
                    • jon-nycJ jon-nyc

                      @Horace

                      Ok sure the GOP talking point can become “if you want to be high status join the other party” but somehow I don’t think that’s how Fox News will play it.

                      HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote on last edited by
                      #40

                      @jon-nyc said in SBF/FTX:

                      @Horace

                      Ok sure the GOP talking point can become “if you want to be high status join the other party” but somehow I don’t think that’s how Fox News will play it.

                      It works perfectly well as it's already being played in pieces not devoted to the conspiracy theory you're dunking on. That the Dems are the party of soulless principle-free social climbers. I'm sure that narrative has more of a kernel of truth to it than the ever-popular narrative about the Republicans being the party of racists.

                      Education is extremely important.

                      1 Reply Last reply
                      • taiwan_girlT Offline
                        taiwan_girlT Offline
                        taiwan_girl
                        wrote on last edited by
                        #41

                        Fron USD $26 billion to USD$100K

                        https://www.axios.com/2022/11/29/sam-bankman-fried-100000-ftx-cftc-regulation

                        1 Reply Last reply
                        • jon-nycJ Online
                          jon-nycJ Online
                          jon-nyc
                          wrote on last edited by
                          #42

                          Let’s put it in perspective, 100k isn’t bad for an unemployed 30 year old.

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          1 Reply Last reply
                          • HoraceH Offline
                            HoraceH Offline
                            Horace
                            wrote on last edited by
                            #43

                            More than I had at that age.

                            Education is extremely important.

                            1 Reply Last reply
                            • Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by
                              #44

                              Hell, I'd be pushed to drum up $26 billion even now.

                              I was only joking

                              HoraceH 1 Reply Last reply
                              • Doctor PhibesD Doctor Phibes

                                Hell, I'd be pushed to drum up $26 billion even now.

                                HoraceH Offline
                                HoraceH Offline
                                Horace
                                wrote on last edited by
                                #45

                                @Doctor-Phibes said in SBF/FTX:

                                Hell, I'd be pushed to drum up $26 billion even now.

                                You might have some valuable collectible memorabilia from your childhood in a developing country. Progressives use canned haggis as display pieces on their coffee tables, to signal their solidarity with the disadvantaged.

                                Education is extremely important.

                                1 Reply Last reply
                                • X Offline
                                  X Offline
                                  xenon
                                  wrote on last edited by
                                  #46

                                  He has the movie rights, I guess.

                                  1 Reply Last reply
                                  • George KG Offline
                                    George KG Offline
                                    George K
                                    wrote on last edited by
                                    #47

                                    I haven't followed this story all that much, other than to be amazed at the Ponzi/Madoff nature of it all.

                                    But this twitter comment was great.

                                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote on last edited by
                                      #48

                                      Yeah, Federal Prison looms large in his future.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote on last edited by
                                        #49

                                        Lots of people have (rightly) criticized much of the media for going lightly on him, but George Stephanopoulos definitely puts him on the spot.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #50

                                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                          1 Reply Last reply
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