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
SBF went in. CZ went in. DK went in. JS? Still unstoppable.
>**The New York Times obtained a nearly 300-page draft of Changpeng Zhao’s unpublished memoir, detailing secret DOJ negotiations, prison life, and his rivalry with Sam Bankman-Fried.** i dont think it will be long before we see SBF release a memoir detailing his rivalry with CZ
Lol. Solana is a premined shitcoin that had initial funding by clowns like SBF. Never would I ever.
tldr; Senator Cynthia Lummis criticized Sam Bankman-Fried (SBF) for endorsing the CLARITY Act from prison, stating the bill would impose stricter penalties for crypto-related fraud rather than benefit him. SBF praised the act as a milestone for crypto, but Lummis emphasized its focus on regulatory clarity and fraud prevention. Bipartisan criticism followed, with Senator Elizabeth Warren warning against SBF's endorsement. The incident highlights ongoing debates over U.S. crypto regulation and the stalled progress of the CLARITY Act in the Senate. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I automatically associate Jane Street with SBF, so I wouldn’t be surprised.
Market manipulation is illegal. If they were dumping IBIT to make money on options, that's illegal. They're also a highly unethical firm that got caught doing this exact thing in the Indian market. Plus, SBF is their most famous alumni. There's a saying about the company you keep...
True, although SBF was a real black swan event. People were calling for 0, there was a genuine fear it would under under 5k
When class action lawsuit against the procurer of pain, Jane Street? Can we also sue them for spawning abominations like SBF and Caroline?
If Jane st is behind the terraluna collapse, they should be in jail to like SBF and Do Kwon the creater of luna. Why is it the little guy goes to jail for life but the big capital bank gets a small slap on the wrist?
It’s a bit strange that everyone here is rushing to defend Jane street / trash the reporting. I think it’s a fairly well spelled out allegation and i remember there was plenty pointing to intentionality behind the UST depeg. Lots of people at the time suspected SBF or Justin Sun. Also come on - we’ve all known or suspected how manipulated these markets are. Entirely possible the repeating 4 year cycle has engineered elements. I think it’s fascinating to see some of this actually brought into the light. Whether or not the news is CURRENTLY moving bitcoin, don’t know and don’t care. It was primed for a move after being so oversold, plus Anthropic helped bring appetite back into risk markets the other day which caused the broader market pump. Those factors are more likely why we’re moving now.
Ah yes, Jane Street, where SBF got his start. Perhaps there's room in his cell for some of the Jane Street executives.
Yeah, FTX's downfall totally had nothing to do with SBF being a criminal psychopath.
This seems pretty spot on. To add to OP’s prediction, I think we *could* have a short-lived candle down to the mid-30ks if there is an SBF type event and/or there is an unfilled CME gap in that area.
Alright, let's get the LUNA, SafeMoon, SBF, and other crypto scammers return the stolen funds too.
I mean SBF scammed/defrauded a lot of very smart people.
I wish these headlines would be more creative. Court sides with SBF simp against professional lifestream meltdown artist. Two dead people remain dead.
It survived the first massive dips under 1K, it survived COVID, Terra Luna debacle, SBF, and it’ll survive Trump.
Hundred percent. Also, it is pissing me off that SBF was pardon while we’re suffering
I can tell you how they distributed more BTC than they actually have: Bitcoin on exchanges are nothing but numbers in a database. Otherwise an exchange or the users would pay a lot of transaction fees. Trades aren't always settled on the blockchain. There's no need to as long as you keep enough coins for people to withdraw. That's why FTX blew up and couldn't handle withdrawals from a certain point. SBF and his weasel gave away all that money
I really don't see how the man has a legal leg to stand on here, and the article itself is rather vague on any legal justification either. The paper trail connecting looted FTX customer funds and Alameda is clear cut and unambiguous, and by his own actions and the sworn testimony of his co-conspirators, SBF willfully participated in and orchestrated it. What is really shocking is that they were allowed so much leverage for so damn long without anyone raising anyone's suspicions. Or anyone that mattered anyway. And there were plenty of suspicions out there all along, but only on places like Crypto Twitter or Telegram, whereas FTX's whole spheral was to appeal to soccer mom's and joe blows, not seasoned DeFi vets who are suspicious of everything by nature. Just a reminder of how truly awful of a year 2022 was. We had just endured the Terra/Luna collapse only months prior, and then to get served up the FTX disaster for a second course? Yeah, not gonna lie, it made me seriously question what in the fuck I was even doing in the space. Had my risk tolerance grown so hardened that I was distorting reality?
"And here we can see a wild SBF in his natural habitat of jestermaxxing"
We also might get a DOGE check, a tariff check and SBF. We also might not because these people lie more than they tell the truth.
Where are the facts? FTX crashed after the fact. In addition to LUNA. Hold steady lads. The whole market is under manipulation. Crooks on every algo taking your assumption as cash. Remember that SBF, Do Kwon, and CZ were on signal chats. In fact I think it was Sam who wanted to tank LUNA. It’s a big club and you ain’t in it.
Trump has been the worst thing to happen to crypto since SBF and FTX
I swear so many said exactly that after the SBF saga in late 2022.
No, this is IMO more bearish. It's largely a market movement without an evident trigger from crypto itself (companies blowing up, SBF level frauds/ponzi's etc). It's a combination of the softer economy, overbought stock market and time-based capitulation in crypto. I think Trump was the chef's kiss. Hard to believe he managed to scam everyone with his term already.
Fuck this Mr Burns looking ass. We don't owe this bitch an apology at all. He colluded with SBF to crash crypto and BTC especially at the behest of the Biden administration. It all came out in the FTX court case.
The other times you could say, wait until we get a pro-crypto president, wait until we get a pro crypto SEC, wait until crypto regulations are less onerous, wait until we get an ETF, wait until we get mainstream attention, etc. this time you van wait for more details about Epstein's funding or wait for SBF to get pardoned or wait for a use case besides scamming.
This is how SBF first got started with a Japanese arbitrage trade
My dude, large players in crypto aren’t known for being well-adjusted traders. SBF, 3AC, Celsius, Nexo etc all blew up because they couldn’t manage risk in one of the most volatile financial markets available.
He’s living in a fantasy world where there are only retail users on these platforms, whereas the reality is that most of the volume is from market makers and in Binance’s case, we know for a fact they have an internal trading desk tbat counter trades its users. I don’t bother trying to correct this anymore, apparently the majority of this sub (judging by upvotes) truly believes that a bunch of retail plebs decided to dump BTC at the exact same time. I would think after 10/10 this realization would have set in, but alas apparently not. Binance in particular is one of the worst actors in this space and have been confirmed to have launched multiple attacks on HL where they tried to attack the liquidation mechanism. These “it’s all just users!” People are hilarious, so you’re telling me that we all know that SBF would engineer liquidation cascades in 2021, but today, it’s all just users. My sweet, sweet summer child….
I specifically looking at crypto as another market to day trade other than my local stock exchange. I'm a day trader by profession and can't get emotional involved in crypto as a investor (FU SBF!!!). What I can do is day trade that market based on price action and supplement my trade. Ideally I wouldn't want to pay more than 0.1% fees to long/short where a round trip would cost me max 0.2% in fees. Idk what's the prevailing fees cross crypto markets but I believe those used to be the fees on CEX while I traded these markets.
My presumption is that the smartest thing SBF should have done was roll over on her faster than she rolled over on him, he'd be the one walking away today and she'd still be in prison. She rolled faster and got the better lawyers.
he's an easy target. people are depressed over the price action, there's no SBF out there.
I think were hitting all time low sentiment rn. Every Bitcoin twitter account is doom and gloom. Everyone saying Saylor's the new SBF and we're going to $40k in the next few months. The gold/silver rally is making people give up. Usually means its a good time to be buying when everyones running.
Let’s be honest the last huge pump was full of fraud with huge pumps via SBF, So possibly we are truly seeing how over hyped crypto really is….all the supposedly stable coins have done nothing but lose money…time will tell..
It was a plea deal, she got some of the best lawyers on this planet to fight for her. Additionally, what she did was considered a non-violent crime (yes it destroyed many lives but the justice system doesn't consider financial crimes as violent like murder or assault), she was apparently on good behavior, and she was highly cooperative by ratting out the big fish, SBF, by giving the prosecutors multiple smoking guns and where to find the bodies so to say.
 I guess SBF gave her his cum sock if she’s a free elf now.
What did she do? I was in the loop only for the part where she turned against SBF and cooperated with authorities
FTX was very popular too. Hopefully Jake Cormack can be put in prison like SBF.
Many of us opposed SBF and thought he was a bad actor before he was famous, and long before he was caught.
It's worth considering that this was the conventional wisdom with regard to SBF/FTX as late as October 2022. With the benefit of hindsight you're going to be able to point me to people who were suspicious at the time but it was - objectively - a very uncommon opinion. That is all to say - when evaluating policy or your individual investments it's best to rely on your own research rather than making an appeal to authority.
Let me guess Maxine "SBF" Waters is leading the charge.
Unfortunately the corrupted US govt is here to control and deceive us like clockwork just like how they are being controlled. Alot of US politicians have dual citizenship and pledge allegiance to another country if y’all didnt know. This is why privacy coins have already been a hot topic and will continue to be. Please don’t not call me antisemitic this is truth and reality that all US infrastructure is controlled for the gain of themselves and to the elites they send money to, to avoid getting blackmailed. Some notable relations in crypto: -Barry Silbert: Founder and CEO of Digital Currency Group (DCG), a major investment firm in the space. Charlie Shrem: Early Bitcoin entrepreneur, founder of BitInstant, and a key figure in Bitcoin's early days. -Sam Bankman-Fried (SBF): Founder of FTX, a major (though now defunct) crypto exchange, who has a Jewish background. -David Sacks: A prominent Jewish venture capitalist and PayPal COO, named "White House A.I. and Crypto Czar" for the Trump administration. -Rabbi Michael Caras (@thebitcoinrabbi): A Chabad rabbi who connects Bitcoin and Jewish law (halacha), bridging the two communities online. -ETH - Ethereum Co-founder Joseph Lubin, a Jew, previously worked in finance at Goldman Sachs. He single-handedly created ConsenSys, building MetaMask, Infura, these foundational tools for Ethereum. In simple terms: ETH is the 'water, electricity, and coal' of the crypto world. Regardless of whether it rises or falls, you still need to use it; it’s the legitimate child of the military. -WLD coin Founder Sam Altman, the big guy who previously worked at OpenAI, a Jew with an extraordinarily strong background. -Founder Eli Ben-Sasson, one of the pioneers of Zcash's zero-knowledge proofs, from Israel, really knowledgeable in cryptography. STRK is an L2 project, specializing in ZK technology, using mathematical methods that allow you to verify without revealing details. -Solana Founder Anatoly, previously an engineer working on chips at Qualcomm. The investor lineup is very fierce: Multicoin, A16z, and David Sacks (a Jew), one of the PayPal Mafia. -XRP - Ripple Founders Chris Larsen and Jed McCaleb, with a lot of early money from the old financial sector, including funds like A16z. Although the SEC has been chasing lawsuits for two years, it just won't die. Why? Because there are people backing it up, it's really not something a regular small project can compare with. -Donald J Trump The current US President has expressed strong support and took significant actions solidifying the U.S.-Israel relationship, including recognizing Jerusalem as Israel's capital and moving the U.S. Embassy, recognizing Israeli sovereignty over the Golan Heights, increasing military aid, and challenging Iran, fulfilling campaign promises that demonstrated deep commitment to Israel's security and interests.
This is the guy who said he'd partner with SBF again if he could.
I am not sure how they will go in the future regarding price action but TAO and ICP are two of the most intresting projects in crypto. I mainly hold TAO but recently started deep diving into ICP again. It is actually an amazing incredible technology doing things that no other blockchain chain can do. It actually out completes every thing on the market . SBF trying to destroy it and Vitalik first saying it is one of the projects leading the edge of the space and calling it a competitor before realising and calling it a sister block chain to down play it made me even more bullish. Plus Definity is located in Switzerland. I am interested to see how their neutral stance affects ICP in the world. My theory has but what the ai will integrate with and buy in the future. It is what lead me to these two projects. Along with SPX6900 and Unicorn Fart Dust as my meme coin plays. I don’t believe every thing is locked in place like they are telling us it is.
we used to have SO many regulations. Imagine if SBF rugged now instead of a few years ago, he'd be a free man. It's like people dont care about fraud anymore no matter the amount.
Had some great people on the show. We had Andreas Antonopolous on, I shit all over SBF at a conference when everyone thought he was the golden boy, we went coffeezilla on a scam called substratum, and honestly I think my favorite guest was Rob Viglione from Horizen. We were stupid with how we did the pod and never had a chance to make it big, but we were so wide eyed the. We didn’t realize that edgelord memes were the real important tech all along.
People kept treating a pardon like a lottery ticket, but polymarket pricing has been quietly saying don’t count on it. SBF isn’t a unifying figure, he’s radioactive across parties
Honestly, at this point it’s almost predictable. The political optics alone make a pardon messy, and the legal scrutiny around SBF isn’t exactly something you can sweep under the rug. I’ve been quietly noting some of these high-profile crypto cases over time, just to see how politics and finance collide, and patterns start emerging faster than you’d expect. Makes you wonder who’s really calling the shots behind the headlines.
This is honestly worse than letting SBF off the hook. SBF was an idiot who got in over his head and tried to cover it up. But he was still capable of running a large company. Ilya is a pathetic hacker who relied on social engineering to guess passwords. Plus his wife’s music sucks.
Nah, SBF ripped off rich people. You only get a pardon if you rip off poor people.
I’d rather see SBF go free than CZ
SBF... you gotta buy more Trump coins!!
Ofc not… SBF needs to pay him $1m-$3m first
This is a clear message to SBF. Bribe harder!
CZ paid for SBF not getting a pardon 😂😂😂 Certfied hater.
Not at all, SBF was running a legitimate business worth billions but was fraudulently mixing pooling customer funds together with business funds and ended up over leveraging himself; which would have been manageable if CZ didn't cause a bankrun on the exchange. SBF made some amazing investments that paid off insane returns. If the bankrun didn't happen we probably wouldn't even know of the fraud that went on at FTX.
What good was all of SBF’s money if his girlfriend looked like that???
SBF is probably quite interested in this :)
Yes as there are now multiple platforms that have existed and their coins have been trading on the open market well over 1-2 years now and trading and a relatively stable prices. What makes a crypto project legitimate or trustworthy? Look at SBF for example.
You know that punishing people doesn't right wrongs. Sure, if a murderer is in prison they cannot murder anymore. But if there is a guarantee a murderer will never murder again why do we put them in prison? The only thing that remains is punishment as a deterrent, and that only required 1 person to get punished extremely severely to be effective. Like, what could happen now that we let her go, somebody may say "oh I will commit billions worth of fraud, but I will be the one who gets 2 months only, I won't be the one who got life". Nah, SBF's punishment is enough to deter anyone. (except those who are so greedy they would never be deterred).
He stole from people playing in crypto. If it was banking maybe there would be other laws that applied to the crimes. Time in jail is also about whether or not someone will reoffend. But SBF does need to stay in jail for a few more years and he will.
SBF’s parents also did Enron , no biggie
100% SBF will be out before Trump ends.
Seriously? SBF was toeing it up?
LMAO. She has been around a bit, if the stories are true about her and SBF.
Her parents are politically connected and SBF was a money/ campaign contribution laundering operation. Along with an attempt to influence crypto via an American exchange.
SBF will eventually get a Trump pardon so let’s not get too excited here. We are kidding ourselves if we think that isn’t going to happen
Lol at the Daily Mail putting a picture of SBF with Gisele Bundchen in this article.
Still baffles me she got off so light. I know she testified against SBF and all that but it’s not like she came clean on her own volition… she knew exactly the level of fraud they were both committing
The feds gave her a incredibly sweetheart deal to out SBF, along with the fact the crime is considered nonviolent, very good behavior in prison, and her family able to afford or know the best lawyers out there helped.
Oh ye, she was the girlfriend of uhhh...SBF? I forgot, too much going on in life these days lol
Snitches get stitches unless the snitches are getting full support and protection from the FBI. A lot of SBF’s crimes wouldn’t have been made public if the board of FTX didn’t turn their backs on SBF, so at least that’s something
Not only did crypto do fine. We actually put criminal CEOs in jail. Expecting a pardon for SBF any day now
SBF gets mocked for his appearance constantly. It’s the Internet, these things happen.
I don't see how her appearance is any more relevant than SBF's appearance. Both people are criminals who did terrible things. Can we focus on the bad behaviour instead of women's looks please?
She got a really sweet deal. Essentially, she ratted put SBF and made that case a super spam dunk case against him. She also allegedly committed a non-violent offense, is on good behavior while confined, and has no priors. She will finish her sentence somewhere else as it is typical for people to finish no less than 85% of their federal sentencing.
It helped she had a damn good lawyer who was able to get a deal for her to give all the details to get SBF locked up for 25 years.
> Her projected release date is February 20, 2026, nearly nine months early Given she was very cooperative in SBF's prosecution, is not a repeat offender, and has been a good prisoner, this doesn't actually seem all that odd. Historically, federal prisoners had to serve at least 85% of their sentence in prison before being eligible to be moved somewhere like a halfway house or home confinement, but with the First Step Act and the Second Chance Act, that can shave a lot of time off what you actually serve. If she was sentenced to 24 months, the maximum credits she could have been eligible to be released to a halfway house or home confinement after about 10-10.5 months. Getting put into a halfway house at 11 months is pretty on-target for good behavior under those laws.
So you're saying the comment I responded to is the general way people see things; where people view that they can't vote for an entire party if some within it will want to regulate a product they hold, even when there's obvious scammers out there; whether it be Madoff with equities or SBF with crypto? Basically a mindset where people feel overconfident, and like they'll always get out before something bad happens that would've needed regulating? 🤷🏽♂️ I've never been registered to either party, so I really don't necessarily relate to a mindset of one party being perceived as 'the only viable option' for those reasons.
Yes, President Trump and his family backing it was a big part, I didn't mention that because I knew it would trigger people, but the regulatory path was uncertain before Trump. Also the bad actors such as FTX SBF, Terra Luna, Bitconnect, and BTC clones like BCH, there was just too much uncertainty. When BlackRock launched the ETF I knew the tide was changing. I also like Michael Saylor, he explains it very well, even if he is "too bullish" I agree with most of his sentiment.
She pinned it presumably entirely on SBF and apparently got off very easily for what should be a much longer term.
I think that turned out to be a lie. It was how SBF claimed to be successful and rich to get FTX seed funding. But in reality he had very little and spent investor funds almost from day one when he founded FTX. He was a fraud, not a genius.
Basically what SBF did with Bitcoin. Didn't end great for him.
SBF loved his horse https://youtu.be/nw1hc00PtYk?si=VcI3282jkIOfpDke
Trump will 98% pardon SBF
she was a snitch, SBF got fucked hard because of her.
SBF was planted in that chair to stall crypto
SBF was a billionaire who could have any girl in the world he wanted but chose her, imagine that
Trump was our SBF this cycle. Most crypto bros will never admit it though
SBF's biggest achievement was not making FTX the 2nd biggest exchange in the world at one point, it's successfully PINNING THE WEASEL
Based. No idea why SBF was obsessed with her tbh