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
I think SBF was convicted, no?
#Facts Had a little over 1,000 SOL bought between $4~6 dollars, before ATH. Never sold, $500 was incoming any day! Then SBF/FTX happened. Finally sold around $16 because r/CC said it was dead. Sigh.
I agree that you should hold your own keys but i think its reasonable to think BlackRock is more responsible than SBF.
Wow, does this mean Diddy is hoping to just get 25 years like SBF did?
Except when those governments or institutions prosecute the numerous fraudsters (SBF?)? And yeah it sucks, but I get it. Monero is ripe for laundering money. Eventually regulators will have enough and clamp down (like they did with swiss banks that were forced to lose their privacy status over time). Ultimately tax cheats suck too, like why should the regular business owner or investor get taxed but others not.
If you don't know that Alameda funded most of the projects in AnalOS ecosystem and FTX held a fuckton of the supply it just shows you know nothing. U also obviously didn't read the transcipts from SBF trial. Solana is centralized and backed by scammers. Stay dumb tho.
You think someone SBF was funding retaliated for cutting off the money?
People give too much credit/blame to lawyers in criminal cases. If your client is like SBF and just hell bent on taking it to trial there is often not much you can really do as a lawyer.
Should've hired Caroline Ellison's lawyer instead. She got away with only 2 years despite being as guilty as SBF.
Hot take: CZ only went to prison as retaliation for torpedoing SBF and FTX. He was the first person who started tweeting about the on-chain irregularities between FTX and Alameda.
1. SBF invested customer funds in Anthropic which resulted in an investment gain that covered part of the gap between what they had when they went under and when they paid out 2. The price of crypto currency increased between the time when they went under and when they paid our 3. Their payments were indexed to the USD value of their crypto when FTX went under so 1BTC =~ $17k owed in return, not 1BTC in return which would be $65k or so rn 4. FTX WAS NOT SUPPOSED TO BE GAMBLING THE MONEY IN THE FIRST PLACE
Leo could play SBF or something in a crypto version of "Catch me if you can" or Wolf of wall street" xD
Countless tradfi institutions get fined regularly for AML violations. None of their CEOs went to prison. SBF went to prison for various charges of fraud and one count of laundering. We all care about money-laundering but the justice system seems to be somewhat biased
ICP It may has the worst chart of all L1 projects, but the chart is misleading since it was highly manipulated by SBF nad FTX around launch date. If you look at the fundamentals, this project is really developing quickly currently. Here some key facts: - Currently with more than 120 core developers one of the most active projects. For comparison: ETH has around 370, SOL has only 12. - Highest development activity in general right now with more than 6,8K commits. For comparison: ETH has around 11K, SOL has (AGAIN) only 303. - Top 8 ranked by generated monthly fees, ahead of Arbitrum, AVAX, Polygon etc. with an increase rate of 5,8K% MoM - Highest (live) TX/s in comparison to all other L1 with currently around 7,5K Tx/s - Only L1 chain which can run - amongst other things - AI directly on chain. Also another project in the ecosystem (decideAi) has integrated chatgpt 3.5 directly on chain. More to discover, those are just some quick facts. Sure this will get down voted to hell.
after fines and legal costs, yes. I don't remember the exact amount, but 80-90% of the money they should have had was still there. The media just didn't cover this, because SBF being the fall guy was decided a long time before you heard his name for the first time. He did commit crime ... no question... But he wasn't the top guy. he just happened to fall into the trap of becoming the fall guy, so the people who really profited could get away free. FTX was not a collapse, it was a deconstruction from the outside. They tore it down because they could and because they owned the media to create the narrative that convinced people like you. This was just a game of thrones crypto style... People who think that this was anything else would also go to a puffy party expecting cookies and tea...
SBF and the bankruptcy guy? They had terrible book keeping but the claim that "all the money was lost" is just not factual. I get court papers from FTX... Every couple weeks...
Imagine SBF being our of jail too, he would be loading of tens of millions into them too.
Weird how SBF claimed it was all there and the bankruptcy guy found the money
But SBF talked about regulation while having billions of dollars missing from the balance sheet. At least CB tried to follow regulations and to date is the most regulated cex in the US.
SBF talked about regulation. Coinbase was told to file and did not do it. CZ just had a chance to take out a competitor... that was all there was to it. they all want to be the one firm that controls crypto and they do not care about you. CZ, SBF, Brian Armstrong... No difference.
Not true, SBF talked to the SEC and those in power specifically to undermine defi and competitors like Coinbase and Binance and gain favours for FTX and that is why CZ threw him under the bus....
The Guy at FTX that was responsible for "finding new and creative ways to make money" was hired from Citadel, returned to Citadel after FTX went under and was not named in any lawsuit. Big boy club used SBF as their fall guy because they knew he was an idiot.
so a regulator who talks to a company that has to be regulated about how that regulation works is "crime" for you, but congress people taking 1m$ as a bribe to attack Gensler for doing his job is what you agree with? Nothing about "SBF talked to SEC" was weird or bad or criminal... It was what Coinbase should have done before they got sued... But they weren't able to download and fill out a single form that any idiot could find in 30 seconds using a google search...
Not that I like Greasy Gensler who was having coffee sessions with SBF, but it would have been hilarious if he called out the Congressman who was attacking him for taking bribes from Citadel
Potato tomato. All I care is about the x800 in the last year, SBF or not. So glad I got rid of the true a scammer token like Matic and rotated into Sol when it was in the $20 a &40 range.
volunteer bag holders. SBF victims thank you.
SOL is sh*t bank rolled by SBF. Its garbage it’s controlled it’s not a true POW crypto AVOID
I blame all the exchanges that went belly up, and SBF and the SEC ... 😡 we should be in the 150k if not for these morons.
Remember all the generous donations SBF and his buddies did? Yeah....
According to my friend who had around 160k in FTX (bought SOL early), the idiots sold off the assets at the low of the bear market instead of giving them back their holdings, and are getting a small % back in USD. They got royaly fucked for some soulless lawyers to get paid. I believe intially it was 20-30% would be returned, who knows now. Fuck SBF.
If only SBF had gotten into money laundering instead of stealing to give to super “genius” crypto hedgie Ellison.
Scammed by SBF and now by the government. Just wait for FTX 2.0 to reopen now...
He's worth 60 billion right now, that's more than the amount of money SBF stole from millions of people, 40 billion
You were involved, weren't you? You only have to thank your own greed for your situation. SBF and Caroline just were too smart for you.
The other 80% goes to the investors who just blindly gave money and didn't hold SBF to any standard. It is a slap in the face if they got repaid in full. They are the ones that just blindly allowed him to run a company with no oversight. They literally set SBF to fail. Sponsors too. Anyone that marketed it didn't do any due diligence either. It is a shame.
Government should sell all SBF's family stuff and give it to the affected people. Time to Bankman family go broke.
Scam Bankman’s alt is running a bigger scam than SBF himself ??
Everyone knows that SBF = Scam Bankrupt Fraud
Altman is a slimy fucker. Feels a lot like SBF. Scammer.
She was more guilty than SBF & got the sweetheart deal because her dad has ties to the head of the SEC. This is clear corruption and all parties involved including the head of the SEC should be charged.
Better than nothing but they should force all SBF to pay it with all they have.
Sam Altman, the alt of SBF who is even worse than SBF himself !!
Handed the entire case? There was a ton of evidence. If everything she had provided had been thrown out, SBF would still have convicted a hundred times in a row.
They will simply hold out. The punishment isn't enough for these types of white collar scams when "no one is physically hurt." They will do their time and have $200M waiting for them once they are out - just like SBF. Does anyone really believe SBF only has $70k in all of his accounts? Not for a sec.
It’s so amazing how people can’t see how dirty Binance is. They believe that he never stole from poor people. No he was just money laundering, charging exorbitant fees to the poorest on Binance and hiding money. He’s awful not as bad as SBF but still awful.
Please someone hide this from SBF
Don't worry. It's a bug not a feature. Groveling and kissing the feet of the person just that just stole from you. Reminds me of SBF throwing money at Chinese officials
There was a time this was a SBF subreddit, how did that publicity work for him?
Wouldn't basic data logs of their servers ensure that with 100% ease? "oh looks like user SBF initiated these 50 illegal transfers today between XYZ accounts"... he had a bunch of interviews of him like day trading at Alameda with his team, they all have different user credentials it isn't rocket science. Seems like a cop out to me.
He single-handedly destroyed SBF-FTX which started the crypto collapse of that era. That’s why the feds went after him. Too much power imo.
Yeah, the Mooch keeps turning up in crypto spaces and he's entertaining, but after Trump and SBF, you really can't trust his judgment.
I agree but that's the justice system. Forget comparing charges because we all know 30 years or any time for using marijuana is ridiculous. Every country's legal system has laws that are proportionally out of line. Her testimony got SBF put away. He was the bigger fish
I'm not disagreeing but her testimony ensured they got SBF
Eh, at the time, a lot of stupid people thought SBF was awesome. Glad that worked itself out though.
They get pleas and SBF takes the big sentence and I think around Christmas or early January SBF will get his sentence commuted down to 2 years or probation.
Bro is the exact opposite of SBF
Not like SBF or Do Kwon.
No one likes SBF and I doubt SBF could convince anyone to do anything against CZ.
He had beef with SBF from FTX and they "fought" on Twitter
Oh man, SBF is real sad right now. Next real sadness is in 12 months when Caroline paroles out.
Ah, Alas, SBF’s young granny looking for her dentures after her Gawk Gawk 11 Billion sent SBF to the outer realms of dogeland.
The current administration intentionally weaponized the federal government against companies that had not committed crimes. "I'm so sorry" didn't work for SBF and it shouldn't work for this administration which will mostly be the same as the last one. There needs to be consequences for Gestapo like behavior or it's going to become normalized and keep happening.
I can’t believe people this ugly got away with and sort of crime for a moment in time. SBF too. Fuck these gooks
Was SBF smashing that? Yikes......
I mean tbf, no one did lol. Everyone took SBF as a hero
Damn . .she let SBF bust up in her . . . so sad
Look at that mug. SBF deserves a life sentence just for choosing that
Did Low Life Paul have coffee sessions with Greasy Gensler SBF-style?
SBF going away for a very, very, very long time.
Imagine her and SBF breeding. That’s the real calamity avoided in this saga
In the same cell with Diddy and SBF. They can take turns being the monkey in the middle.
SBF truly made one of the most deeply rooted scams.
They ran a train on her so she ran a train on SBF's defense
She knew exactly when to turn sides which means she probably knew more than SBF. Thus probably more culpable. The arsonist knows to leave the burning building earlier than the rest. It's kind of funny how she'll get the least sentence despite probably being the worst of the bunch of spoiled bananas
She's sooooooo UGLY dude - imagine being the poor guy who has to CUCK SBF with this DOG OF A WOMAN. I'd need to be so high and on Viagra just to get it to work.
Did SBF actually have sex with this lady?
I’m actually surprised they got her for this long. From what I’ve read, her testimony was essential to locking up SBF and without that, they had no case. I would’ve thought Caroline would get full immunity.
Dude looks like a honey badger. They should throw him into the same cell that SBF & Diddy are now sharing and they can be one big happy family
That's it?! For the shit she and SBF have done it should be way more...
It’s pathetic but I think we’re all happy that she did betray SBF.
SBF got a 25 year sentence. Ellison got 2 years + and 11 billion dollar fine that will ensure she stays broke the rest of her life. Not sure anyone is inspired by that outcome. Besides — most people on here get robbed because they fall for phishing attempts.
I mean that's an interesting theory, but I think SBF would have probably tried to argue that in court if it was the case, lol.
What if she was the mastermind? Bringing that fine she-Urkel lookin ass around SBF, promising to walk him around on his dog leash if he's a good boy and gives her a few more billy to gamble with?
Read going infinite (I agree this has nothing to do with looks), but Michael Lewis does try to paint Caroline in a very sympathetic view (making SBF the ultimate culprit), however, her leadership of Almeada is what is the most damning as it was one of the mechanisms for FTX's collapse.
> why did the govt allow them to get away with it so long? Same reason Jon Corzine got away with looting his customers' accounts when he bankrupted MF Global -- Corzine was a Democrat insider. In this case, SBF and Ellison donated $40 billion dollars, with 99% going to Democrats. (He threw a few bucks at Liz Cheney and other RINO sellouts.)
do you think these people have something put aside on a cold storage wallet? What if SBF has 1000 BTC somewhere and when he gets out in 25 years hes a trillionaire
If people wanted to see SBF get a long sentence then you want the prosecution to have an easier time proving the case. If they had a hard time proving the case, then SBF gets off more easily. I have a feeling you took “easy job” to mean the commenter wants the prosecutor to not have to work hard or do their job. That’s not what they meant.
She got a plea, SBF didn't. They are all (and Gary and Nishad too) guilty as sin. They just used the others to throw the book hard at SBF
Considering what she did 24 months is only a couple of months. Both her and SBF deserved life sentences
Because she made a deal and confessed first so SBF would get a longer sentence.
As far as I know, she deliberately wanted to make SBF a scapegoat to get away with it. In some ways that's even more pathetic behavior than Curly Sam's. She certainly knew as much as he did. Still, 2 years and 25, that's a hell of a difference.
She must have played some part in retrieving the stolen money. I believe SBF had actively hidden large sums from the company which the agencies would not have been able to get to.
2 years jail for being the right hand man of SBF in losing billions of money.. way too light