Reddit Posts
SBF opens Aussie Blockchain Week as govt says we’re “open for business”
Yesterday's "leak" was an organised pump and dump
FTX CEO Donating $25 to Ukrainians is a good thing, but doesn't deserve widespread recognition
FTX gives $25 to every Ukrainian on the platform
Thought the Larry David Ad was brilliant? FTX marketing team has outdone themselves once again (Floating SBF head)
Young Crypto Whiz 'SBF' Backs Regulatory Oversight
You think maybe crypto is stagnating because...Pick One.
Senate Hearing On Crypto Live Now: Examining Digital Assets Risks, Regulation, and Innovation. FTX head SBF Set To Testify Soon
DEMO - No, streaming heavy 4k media from an L1 isn't impossible!
Mentions
Crypto died with SBF and Terra Luna collapse . Most of the bull markets and decent pumps happened under Trump actually. Crypto will die with a wimper XMR a few others and stable coins will stay . BTC will be corporate grift coin until is no longer useful.. good luck
Mid 20k - Mid 30k is more realistic, and even then it'll take a market meltdown like with the SBF incident to get it that low
Yup he deserves more so does SBF fuck those guys.
Yeah, until you move it on the chain it is just a ledger move for any of the exchanges. This is on of the reasons people preach moving you Sats of the exchanges. SBF would have had a harder time doing what FTX did if collectively people had moved to cold storage.
How much was SBF responsible for the 2021 alt season?
Mallers is going to be the next SBF.
Or dude is just running a Ponzi scheme and needs people to keep giving him money to “buy more Bitcoin” that he refuses to verify. Time will tell. With SBF and CZ neutered I guess crypto needs a new villain to write stories about soon enough.
SBF is also a kid who happened to have tons of financial and legal support from mom and dad. I imagine he was a very smart kid, but lacked wisdom to avoid these stupid choices. I don’t think anyone expected him to be capable of doing the dumb shit he did. Most people who look at Saylor see someone who is smart, level-headed, and yet possessing incredible conviction. He has had a spotty background though. I think over-leveraging himself to the point of insolvency and making it someone else’s problem (all BTC owners, his lenders, etc) while he is personally relatively insulated by his personal wealth would be pretty typical. He knows enough to keep himself out of jail, while maximizing his profit and minimizing his personal risk by making it someone else’s risk. Any real profit at this stage are just the icing and cherry on top for him.
The biggest thing SBF did was paper trade coins he didn't have. He did this for years before being force liquidated and then couldn't cover. This is most likely already happening on a large scale right now. We just have to wait until the right (or wrong) people are forced to show their holdings to see who is doing it now.
Yeah, he was playing supporting Democrats while Biden was in power. But the truth is different when you look deeper: * [**Sam Bankman-Fried Floated ‘Coming Out’ as a Republican on Tucker Carlson** After FTX Collapse SBF's brainstorming notes included lines like **"Come out against the woke agenda."**](https://gizmodo.com/sbf-floated-coming-out-republican-tucker-carlson-1851340731) (March 15, 2024) * [**Sam Bankman-Fried Wants a Trump Pardon**. Sadly, There’s a Good Chance He’ll Get It. The disgraced **crypto fraudster appeared on Tucker Carlson’s show** to make his case.](https://slate.com/technology/2025/03/sam-bankman-fried-ftx-tucker-carlson-trump-pardon-crypto.html) (March 10, 2025) * [**SBF claims he gave tens of millions in untraceable donations to Republicans: “All my Republican donations were dark,”** he said, referring to political donations that are not publicly disclosed in FEC filings. ](https://time.com/6241262/sam-bankman-fried-political-donations/)(December 14, 2022)
I doubt Saylor is up to SBF type shenanigans. But this bull has been all BTC (thus far) and if his star reverses it's ascendance it could turn the market bad. Oh, and it'll be in '26. '27 will be time to start buying again.
No. The villains were those who people didn't predict. I remember everyone cheering SBF here as the crypto saint who also offered huge donations to the Democratic party.
I feel like either Jack Mallers or Michael Saylor are going to turn out to be the new villain in the next bear market. Like Mashinksy or SBF but a 2027 reboot. All new cycle, all new heroes, all new villains. Same sats. Summer 2027 stay tuned .
Funded by SBF's goblin girlfriend, to do what with Pepe?
That would have been me if it wasn’t for all of my crypto being in FTX…. I literally bought at the bottom of the 2022 bear market and got robbed by SBF
The actress is playing SBF, while the actor is the troll “women”
They backing up their peg with… Bitcoin? That’s some SBF shit.
Trump not gonna pardon a guy who hates him. SBF literally held an anti trump meme coin on ftx balance sheet.
No wanting to change laws that currently limit. Restitution doesn't suddenly make it retribution. That's nothing but the appeal to authority/ appeal to tradition fallacy. Right now we don't focus on restitution that much at all. We are focused on rehabilitation first and then restitution and then lastly punishment but it's not that far between those last two. I want restitution, moved to the front and then rehabilitation and then punishment not really much of a consideration. But apparently you can't even imagine a different framework than the current one? What restitution first looks like is taking a consequentialist view, not caring as much about what the person intended and if they changed their tune but more about what harms did they cause and did they pay those harms back? Yeah if you do something like SBF did that means he owes a life debt to many people. Get working. That's what restitution first means.
She also wont get to play "pin the weasel" in the bean bag forts with SBF anymore.
Finally (and I can't believe I am defending SBF, what a piece of shit) SBF said right when the whole thing collapsed that there were enough assets to make everyone whole, right away and he said it should all be done, immediately So it wasn't because of BTC gains that everyone can be "made whole" but the entire thing dragging through the courts and everything being frozen. If the law had acted faster or worked faster, people would have gotten their compensation BTC or money and could have just rebought BTC If SBF was right that everyone could have been made whole right then and there the day of his arrest or TV interviews right at the beginning, then really the law fucked with everyone and destroyed their deposits
This is a problem with laws, not SBF. If you use any exchange, at any time, if it goes bankrupt the law would force the exchange to pay you back with money at point in time, not the asset. It's assumed that money is fungible and you can just rebuy what you lost, but obviously that's not the case. You could argue that's simply the nature of using exchanges or businesses holding your property in escrow and an assumed risk. There's also problems with what you say about "restitution not retribution". There is a point where additional punishment is retribution, and saying someone has to pay back every single cent with no "outs" for the rest of their entire lives is definitely retribution. It's no different than saying you can't go bankrupt to grift a credit card company out of all their owed money because they deserve "restitution" for all the money they loaned you. You could make a modification to bankruptcy laws whereby if an asset increased tremendously in value and is still under control of the bankruptcy trustee, the creditors receive the difference. But presumably this is already dealt with since they are secured creditors (secured by asset). So you would need a special condition in case of fraud or loss of the property. But that only matters if the bankruptcy trustee possesses the said asset. If it's actually gone, or the majority of it gone then it doesn't matter because he has nothing to work with. Of course I agree that the money should be chased to the ends of the Earth, but if the money is gone forever then it's gone and looking for someone to jail is definitely retribution. That's the point of the corporate veil, protection against the officers of the company and so on. Yes, you can pierce it in the case of fraud, but after bankruptcy it is game over. That's the risk you take handing your property to a third party. You can sue, but then if the individual doesn't have any money, you can't get anyone to enforce the judgment. That goes for everything, not just crypto. A guy just tortured a crypto scammer for days. In his mind it was restoration, not retribution and all the person had to do was give up his crypto passwords. So there's a line that you can't cross. Torture, cruel and unusual punishments (lifetime punishments) and so on all can't be done. Because -- it's just money. ETF holders beware. This all applies to you too and there will be no government bailout.
Ackman is one of those people that proved that just because you’re wealthy doesn’t mean you’re necessarily smart. There’s a private subreddit for investing and I ended up thrown out by their mod because I told people Musk would be forced to buy twitter and you could get rich buying calls. I’m a lawyer and figured out exactly what was coming. Some people just worship musk, ackman, and that entire crew of morons like every mistake and lie they tell is 7 dimensional chess. Same thing happened with SBF.
I bet they get pardoned, SBF might get Fed Chair in Trumps 3rd term.
SBF gets 25 years for an $11 billion fraud but could be out in under 21 thanks to good behavior credits. Meanwhile, his co-conspirator Ellison serves just two years???? Feels like a slap on the wrist for one of crypto’s biggest scams
I remember arguing with people on Twitter that he'd ultimately end up with a slap on the wrist. These same people also hero worship Bill Ackman and Kevin O'Leary who said what SBF did wasn't so bad. I hate what crypto has become because unprincipled people took over important positions.
This. It was the FBI that charged BM and SBF.
Absolutely. This happened so fast IMO. Buying during covid when prices were tanking and people were fearful. Now to not only 100k but 110k?!! I miss stacking during those days when there was so much FUD due to the pandemic and then the SBF debacle to suddenly the ETFs coming into play. It just happened so fast and yet many are still skeptical and missing the signs of how early we still are before you blink and we are at 1 Million a coin before 2030
I think it's commonly accepted that Bitcoin could and would have gotten to 100k if it weren't for frauds like SBF shorting the ever loving shit out of Bitcoin like their lives depended on it. I don't think that level of fraud is possible today, partly because wall street has wised up and partly because it would take something like coinbase imploding to cause that big of a disruption.
That cycle was severely stunted by absolutely catastrophic amounts of shorting and fraud from SBF and similar fuckwads. So no, unless there's equivalent fraud, there shouldn't be any reason why we get a repeat of last cycle. For that to happen I think coinbase itself would have to implode and lose the coins that IBIT, etc. let them manage.
Since when Billion dollar corporations started to care about legal or not legal,as long as they are keeping the right people happy,they won't be touched. Just like SBF,he kept the right people happy for a while but then pissed them off.See what happened with him.
Does this explain the kisses she was blowing to SBF a few years back? She can start a meme coin, too…. If he didn’t have his meme coin, he would have DJT stock. No reason to react by banning digital assets from government. I am sure AOC might have something for a 2028 run if digital assets continue to attract attention. Brad Sherman and Elizabeth Warren are going to have to return to their banker handlers and tell them they failed.
I hope he rots in jail with SBF.
John Karony 🤝 SBF 🤝 Alex Mashinsky
I personally don't think so anymore. Capital is flowing into Bitcoin, and the major players driving its price don’t seem interested in the altcoin "casino." Back in 2021, you had people like SBF shorting BTC and pumping alts, all while everyone was stuck at home during COVID. This cycle feels completely different — there doesn’t seem to be much appetite for altcoins at all.
Most of the CEOs like him,SBF are remorse-less liars,
Yup, agree with you there. The $5k limit to transfer off is annoying as hell though. I started moving off RH after they finally implemented their wallet to wallet transfers, got a bit lazy, and then SBF hit. I was in Mexico trying to move 3btc off RH. Took me 3 weeks lol.
I mean look at some of these crypto billionaires Do Kwon, SBF, CZ etc. do any of these people look like they could put up a fight?
There is no shocks until there is. If there is paper sold to these big buyers then there will be point where they see that more is being sold than exists and it's game of who pulls their coins before it's too late. There will be big dip again like SBF times but then it will be corrected and some extra when we are closer to the real value in supply.
It will freeze and it will need SBF to unfreeze them
I still think $100k would have been possible if SBF wasn't selling off everyone's coin behind their backs.
Rian Salame explicitly said none of his donations were on behalf of FTX, it was entirely his own money. And SBF lies about everything.
Wowwwww €80?! Lol Arbitrage pricing across exchanges is a thing, that’s how SBF got started. But you need capital at both ends, to consider the fees and a few other factors. Long term you won’t be profitable
Damn, SBF had a ton of girlfriends
he will get out in a shorter time than you expect. His kind protect themselves and each other and he "technically" to their laws didn't cheat nor deceive anyone. him a SBF are going to get out so fast.
Clearly,if you spend more time in blockchain/web3 as a developer, maybe your standards will change instead of following some man-made kid dream that forks endless shitcoins. When you realize that eth can be rug-pulled by VB, whereas btc is a virus email that has value everywhere in the world with everyone and everything, you become infinite, especially when there's a limited supply. Honestly, VB isn’t Satoshi, so maybe compare everything like eth, polygon, ada, xrp, hex, xlm, xdc, tether, litecoin, so many other shitcoins made by people like Tron, SBF, Do Kwon. Nobody cares about stacking their baskets with eth etf eggs just the uneducated exit liquidity that likes shitcoins like doge. A bunch of Russian brics nations shit memes forked by some meth-head dev named VB who can rug you at any point with overwhelming gwei. Btc is so much more. You clearly asked a question below what I see. The minute you stated btc maxi, I could tell you have no idea what you are talking about. How many times has eth stalled out crashed? Vs btc ahhh 😌 4 huge difference ethereum pipe dreams, honestly xrp is better they all have a purpose especially with layers stacked on layers but nothing compares to bitcoins scarcity halvings use cases volatility adoption community development regulatory environment . These day traders Moniker is CM
I cannot wait to see him get thrown into prison for a long time. If SBF can get 25 years, Karony the Klown boy should get at least 15.
Did they find anyone for SBF's GF role yet ? I'd like to make suggestions.
SBF : Leonardo Dicaprio Caroline Ellison : Margot Robbie
I'm shocked Trump hasn't pardoned SBF yet, and thrown him $50 million to startup a new company.
And they had a massive investment in Anthropic and Robinhood. If Binance hadn't shoped them, SBF would probably be one of the richest peeps in the world right now.
Scam Altman is truly an evil alt of SBF
Is the founder anything like SBF?
I’ve been out 4 years, awesome! Let me check my FTX account. I was good friends with SBF, hope he’s doing well!
Its a piece of shit chain lol, full of flaws and cant handle any load. Its used for scams, and pumped and supported by the scammer of scammers SBF. So i hope it dies a slow death, rip bagholders.
You created a website with three static web pages and a bunch of promises. Woo hoo. Your tagline is "Invest Without Fee's". I'll bet you don't even know why that's wrong. Below your tagline is "Making FIAT Exchange Easier and Reliable". I'll bet you don't even know why that's wrong. Your copyright statement is "©Copyright. All rights reserved." I'll bet you don't even know why that's wrong. You're promising to charge pennies while operating a platform that will cost tens of thousands of dollars per month to operate. You have no business model, no business plan, and no liquidity. You're less prepared for this than SBF was, and we all know how that turned out. Be honest: you're just hoping to get the contact information for a bunch of naïve, wannabe traders so you can pitch them a pump and dump scam. Am I right?
Because people are stupid. You had people simping for Tiffany Fong and she wanted a very lenient sentence for SBF cause "he didn't kill people so why should he get 25 years" & "my boyfriend wasted my time so does that mean he should be in prison too for 25 years?". These are the dumbshits that vote with this type of logic. The rest of the FTX crew got out with no problems, didn't have to pay the victims back,etc. Hell, most of them would have got real time if they had only stolen from 1 person. In the USA we usually give lenient sentences if you rob a lot of people. And also if you're rich .
Lock him up alongside SBF, Do Kwon and all the other crypto scamming cunts.
I went hard into BTC after the FTX fraud. Realized the SBF was the poster boy for the vices of shit coins and the virtues of self custody and the crash in Bitcoin had nothing to do with fundamentals. My average cost is 24k so I have pretty much 4'xed. Still hodling.
Only for a while, if they sell, then we'll be BETTER OFF not WORSE because those Bitcoin will no longer be essentially held hostage. Seriously, people talk about it as if it's better for them to be hanging out there. It's like saying it's better for Bitcoin if SBF wasn't caught. Yeah, the price would be higher today, if he was still out there, but Bitcoin is healthier today with him gone than before. The Bitcoin network woukd be healthier AFTER Satoshi sells, thus spreading his coins around. If you are worried about Satoshi, now is the time to worry sbout him, not after he sells and leaves People selling if Satoshi sells would literally be selling the biggest buying opportunity of ALL TIME. Bitcoin wouldn't have changed and now those coins would no longer be a threat.
I bought solana when SBF crushed it. About 150k worth; my life savings. I peaked at 6M before the tariff war. That really fucked me… as well as everyone else i know. But i didn’t sell; hung on. Went down below 2M and now its rebounding. But i still work; i have been promoted several times since. Wonder if its a confidence thing or i literally had more time to pursue things i otherwise wouldn’t. Other than that; i have a lucid for my commuter car. But i stay fairly grounded considering.
That was easier for me to buy then when it was sub 20k last bear. All of the macros were favorable. People were just in a pure panic. Back in 22, with SBF, Do Kwon deploying capital, and Elizabeth Warren I was more scared.
Getting out of Blockfi 6-9mo before the whole bankruptcy thing. Honestly, there were warning signs the whole way down. I have one friend who lost a few thousand in it, but he was also not paying any attention. The episode where SBF and Alameda swooped in to provide liquidity to Blockfi acutely should have been, not the canary in the coal mine, but the final call to anyone who was following the news in any shape form or fashion.
SBF gave the same advice to prison guards apparently lol
Typical BBC…telling normies that crypto is evil and not to even think of it. Why does every article got SBF in it? All until tradfi has their products ready to milk the normies with meagre 1-2% returns.
Yeah but SBF has already made his right wing pivot when he got interviewed by Tucker the other month
When you're getting transported in the feds Victorville has a holdover facility. SBF was never designated to Victorville, he was just waiting for a bus to Terminal Island. I spent a month at Victorville holdover in between MDC LA and Lompoc.
Tbf, he would have done so already if he wanted to. Also SBF was probably closer to dems than Trump.
I don't really want to defend SBF because he is a thief who ruined the lives of a lot of small investor and deserves to be BUT Elizabeth Holmes committed considerably worse crimes than SBF and got sentenced to only 10 years in a minimum security prison while SBF is doing 25 in max security. Then again, don't want to defend him but it doesn't look proportional.
SBF getting pumped and dumped all around the national prison system like a rag doll
Do NOT chase this. I had .25 BTC and I lost it when BlockFi cratered because of SBF shenanigans. I didn’t even know that was the exposure. That was in 2022.
Yes, and there's even a version of FTX - gambling the customers' deposits - which won't attract a fraud conviction One half of this is to not have investors if they're not needed. SBF didn't need investors' money. He agreed to bring investors in because of the credibility they added. Unfortunately, 3 of the 7 fraud counts were for defrauding investors
lol, SBF managed to get money from those VCs while he was playing video games instead of answering their questions. It's not like their vetting process is that sophisticated.
SBF's girlfriend's (Caroline Ellis) dad was Gary Gensler's colleague at MIT. They were both econ professors. That's why Gary Gensler gave SBF a pass.
I’ll take it one step further: Every single crypto investor should be very concerned that there no longer exists a popular supporter of crypto that isn’t an asshole. The entire space has become exactly what so many [wrongly, at the time] said it always was: pump and dumps and schemes perpetrated by scumbags at best (Jake Paul, etc) and criminals at worst (SBF, etc). I honestly fear that the entire space has been irreparably tarnished…
Yes, sure, reminds me of the reassuring posts of Do Kwon and SBF.
I think it actually does. The hash rate hit all time highs when it crashed to $15k after SBF, that showed me that bitcoin wasn't dead and it would be back in a few years with a vengeance. Imo the hash rate indicates a few things; increased investment infrastructure for mining, more security and overall greater interest in longevity of bitcoin. The price is a bad indicator I find because it mostly moves short term from hype.
I guess SBF was a few years early running his scams.
I'm very surprised he hasn't been pardoned yet since Trump is running the country a lot like how SBF ran his business. For sure thought he'd have a government job by now
i agree that american prisons are disgraceful but i am perfectly ok with someone like SBF, whose psychopathic narcissism and greed ruined lives all so he could have orgies with goblins and jerk off politicians, suffering violent abuse in prison.
He’s morphing into a certified badass. Don’t drop the soap or SBF might pound that stink hole.
I hope SBF gets passed around as the prison btch he fully deserves to be.
Bruh I thought it was an AI generated photo of SBF
Do you know any billionaires (who aren't idiots like SBF) in prison?
tbf, I did not say that SBF was a smart man... Just that "speaking to the SEC" is not evidence that they were planning something illegal.
If you lose your seed phrase then your BTC is gone, too. Looking at the past, I seem to see way more Bitcoins lost through carelessness in direct ownership than through government expropriation or collapse of a proper, US regulated ETF. In fact, I think the sum total of the last two is exactly 0 at the time of writing (think Blackrock, not SBF or Mickey Mouse exchanges).
Sure he had SBF come out right after this. Future of the crypto world.
It's wild that even the crypto "experts" thought Trump saying pro crypto things and shilling his own memecoin meant he would be good for crypto. That's like saying SBF must be good for crypto because he ran a fraudulent crypto exchange.
correct :) though you missed the second ref [https://x.com/SBF\_FTX/status/1591989554881658880?lang=en](https://x.com/SBF_FTX/status/1591989554881658880?lang=en)
Trevor Milton scammed investors. He's now a celebrated, pardoned MAGA loyalist. Trump literally minted shitcoins to scam his supporters. Celebrated. Any attempt at regulating scams and rugpulls is labeled "fascism" or whatever. Now we just have to wait for the SBF pardon. Tucker Carlson already laid the groundwork to promote him as the victim of liberal persecution.
Who‘s next? SBF aka Scam Bankrun-Fraud?
He's gonna eat a lot more bananas in the joint with SBF
I hear SBF will be boxing against Elon Musk if his mom approves.
Does this mean that the SBF-Vitalik boxing match is back on?
Actual banks 🤣 coinbase an actual bank? Or you mean the actual banks that caused all other financial crisis in the history of the world? There will always be people who push the envelope, or like subprime mortgages the whole industry pushing the envelope. What happened there? Why didn't the interest cover their losses? SBF's downfall was not that he lent too much, its was that the hedge funds he lent to stopped paying back their loans. Most of this was due to those hedge funds losing their ass on the GBTC arbitrage as the market started to turn.
SBF gave money to Biden and still got prosecuted, Justin Sun gave money to Trump and the case against him got dropped. Republicans like Tucker Carlson are at a point where they believe that not giving kickbacks and protection for political donations is the real crime. [Sam Bankman-Fried on Life in Prison With Diddy, and How Democrats Stole His Money and Betrayed Him](https://youtu.be/dN1CR2dyfo8?si=nS-FRhzFlbL1GdxH)