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
Only if you oversimplify complex events and fail to think for yourself. Okay, so what, the ghost of FTX/SBF is somehow haunting the Dfinity headquarters?
I'm not upset, I just think pointing to a chart that SBF fabricated pre-launch as idiotic as somebody buying a Bored Ape jpeg for millions. Realistically even $100 at genesis would've been absurd for a day 1 empty chain, but people were throwing money at it while it was multiples above. Those people were silly.
The bribe transaction is pending on the blockchain, SBF might have been stingy on the fees.
Problem is that he was a scapegoat in an industry full of slimy bastards. I'd like to see all of the slimy bastards in prison, but instead we get "SBF bad, everyone else good" and the other slimy bastards just keep ripping off investors. SBF isn't more guilty than others in the industry, but also not less guilty...
lol we saw SBF go to jail and 15k orange coins this is way less extreme.
As the bear market arrived, who will be the SBF this time?
Unlucky for SBF, his "effective altruism" principles drove him to throw millions of dollars in donations to his favorite Democrat candidates
**June 2011: -99%** Bitcoin surged from $2 to $32 before Mt. Gox was hacked, flooring the price to $.01 in a day. **August 2012: -56%** A Ponzi scheme from Bitcoin Savings and Trust (BST) promised 7% weekly returns, but stole 700,000 BTC. **April 2013: -83%** Mt. Gox crashed was hacked, dropping Bitcoin from $260 to $50. **December 2013: -50%** China banned Bitcoin, crashing BTC’s price overnight. **Dec 2017–Dec 2018: -84%** After peaking near $20k, Bitcoin corrected below $12k as investors sold off and hacks hit Asian exchanges. **March 2020: -61%** COVID market panic crashed Bitcoin from over $10k to under $4k over a few weeks. **May 2021: -53%** After hitting $64k, Bitcoin crashed as Tesla dropped BTC payments, China cracked down, and energy concerns spread. **Nov 2022: -77%** FTX collapsed amid fraud by Sam Bankman-Fried (SBF), triggering a massive crypto sell-off and Bitcoin dropped to $15k.
Expect winter if SBF wins that appeal tomorrow
Funny thing is, SBF was tight with the regulators. He was their golden boy right up until he got caught doing actual fraud. He wasn’t some anti-regulation rebel, he was basically part of their club. CZ, on the other hand, got hit for not setting up a big enough surveillance network under the name of "AML compliance." That’s what AML really means now — you’re guilty unless you spy on everyone and hand the data over. That’s the "crime" here. Not enough surveillance. And this isn’t just about Binance. You’re pretending this was about cleaning up scams when it was clearly a full-on campaign against crypto. Banks were told not to work with crypto companies. Founders were being threatened and sued left and right. This was political. It was about control, not fraud. So no, it’s not "poor SBF and CZ." It’s the fact that under Biden, the entire industry was treated like an enemy. It’s the idea itself — open networks, peer-to-peer trade — that they wanted to kill. **Lawsuits dropped since Trump's inauguration:** - Coinbase – February 28, 2025 - Ripple – Early March 2025 - Binance – February 13, 2025 - Justin Sun (Tron) – February 26, 2025 - OpenSea – Late February 2025 - Kraken – Early March 2025 - Robinhood – February 28, 2025 - Uniswap – February 28, 2025 - Gemini – Late February 2025 - ConsenSys – Late February 2025 - Yuga Labs – Early March 2025 --- **Other positive developments since Trump's inauguration:** - **Ross Ulbricht pardoned** - Trump pardoned him on his first day in office - **Trump’s Executive Order on Digital Financial Technology** - Supports digital assets, revokes restrictive policies, prohibits CBDCs, and establishes a crypto regulatory working group - **SEC Rescinds SAB 121 (Jan 23, 2025)** - Removes barriers for banks to offer crypto custody, encouraging financial institution participation - **Senate Overturns IRS Crypto Tax Rule (Mar 5, 2025)** - Repeals DeFi broker rule, reducing reporting burdens and supporting crypto innovation - **OCC Clarifies Banks Can Provide Crypto Services (Mar 2025)** - Permits banks to engage in crypto custody, stablecoin businesses, and blockchain validation - **CFPB’s Proposed Crypto Regulation Likely Withdrawn** - CFPB rule on digital payments halted due to agency suspension, removing potential burdens on crypto developers - **New SEC Leadership** - Crypto-friendly figures Mark Uyeda (Acting Chair) and Paul Atkins appointed, signaling a shift from aggressive enforcement - **Consideration of a National Digital Asset Stockpile** - Executive order mandates review of government-held crypto, potentially stabilizing the market - **Trump Administration Repeals IRS DeFi Broker Rule (Mar 4, 2025)** - Senate voted 70–27 to overturn the rule requiring DeFi platforms to report gross proceeds, reducing compliance burdens and privacy concerns - **IRS Crypto Reporting Rollback** - Trump administration moves to undo expanded IRS reporting requirements from the Biden era, reducing tax-related regulatory pressures on crypto firms --- **Additional pro-crypto measures since May 25, 2025:** - **Senate Passes GENIUS Act (June 17, 2025)** - Bipartisan vote of 68–30 establishes the first federal regulatory framework for stablecoins, including issuance requirements, consumer protections, and oversight - **House Passes Major Crypto Overhaul Bills (July 17, 2025)** - Overwhelming vote sends GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act to the president, proposing a new structure for SEC and CFTC oversight of crypto markets, stablecoin regulation, and prohibiting CBDCs - **Trump Signs GENIUS Act into Law (July 18, 2025)** - Mandates 100% backing for stablecoins in USD or Treasuries, monthly reserve disclosures, AML compliance, and priority payouts for holders in case of failure, making crypto payments effectively legal tender under federal guidelines - **White House Releases 160-Page Crypto Policy Report (July 30, 2025)** - "Strengthening American Leadership in Digital Financial Technology" recommends CFTC oversight of non-security spot crypto markets, safe harbors and sandboxes for DeFi innovation, tax clarity for mining/staking/small transactions, bank access for crypto services, and unified rules to end regulatory gray zones - **Executive Order Banning Bank Discrimination Against Crypto Firms (Early August 2025)** - Prohibits banks from denying services based on "reputation risk", reviews and ends discriminatory policies, and allows unrestricted bank engagement with crypto under new guidelines - **Greenlights Crypto Investments in 401(k)s (Early August 2025)** - Explores allowing up to $9T in retirement funds to invest in digital assets, potentially injecting massive liquidity into the market - **Nominates Pro-Crypto Federal Reserve Board Member (Early August 2025)**
Yes, poor SBF and CZ…….
tldr; A post from Sam Bankman-Fried's X account claims FTX was never bankrupt, asserting the exchange faced a liquidity crisis, not insolvency, during its November 2022 bankruptcy filing. The 15-page document argues FTX had sufficient assets to repay customers, highlighting stakes in firms and crypto holdings worth $136 billion. The post briefly boosted the FTT token's price and reignited debate over FTX's collapse. Critics dispute the claims, and speculation surrounds potential political maneuvers ahead of SBF's sentencing on Nov. 4. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The whole thing was shady from the start. SBF definitely had terrible bookkeeping practices and did shady stuff, but that does not mean that the forceful closure of FTX and locking every customer out of their accounts was legitimate either. It is possible to consider both sides as the enemy. You do not have to pick one to support, just to have the right to criticize the other. Retail got between the cogs of wallstreet moneys game of thrones. Big boys fought for power and retail paid for it.
1 "**Disgraced** FTX founder Sam Bankman-Fried (SBF) has claimed in a new report that his bankrupt cryptocurrency empire was never insolvent." 2 the article ends eith **ZachXBT’s rebuttal** If you read the article, you will see that it is against SBF, not in support of him.
Get the fuck out of here with obvious SBF revisionist history to prep for his pardon
oh look the SBF get out of jail PR machine is writing articles which are trying to reapportion the blame to get old Sam outta jail. Not today fuck head. not today. rot.
He definitely had a "yuuuuge" role to play. He has the shit-ass touch: he destroys every business he jumps in. It just so happens, there are so, so many suckers (both in and out of America), that he keeps surviving (and the elephant in the room: his father and his father's "totally not racist"/"traditional" KKK connections helped him survive through all the bankruptcies on top of tying banks to his own net worth). But besides him, there were plenty of grifters to go around: instagram influencers were already shilling their shitcoins, that they rugpulled on their simps and then hid behind an army of lawyers to protect their skin. Hell, even the "hawk tuah" girl had a shitcoin and got away with it. The problem and novelty of crypto is, it's trying to become "independent" of traditional social structures: regulatory agencies, middle-men, established businesses/networks. And that attracts *a lot* of corrupt/swindling assholes. People may not know this, but before central banking was a thing, there were a lot of "regional mafia"-type banking systems. In terms of "decentralisation", it was a system not that dissimilar to what crypto is, although crypto is 1000x that ancient system. They had the same issues of frauds and "rugpulls" like crypto does now (and of course, crypto scams are 1000x worse). All this to say, there's no knowing what happens to crypto. There are days, when I even contemplate a catastrophic, cascade implosion, that destroys it all. But the only reason crypto survived, especially after SBF 2022, is because the same traditional systems crypto was fighting against, have adopted it.
Just wait until he pardons SBF too☠️
especially SBF killed momentum to a grinding halt.
ICP is a powerhouse if you look beyond the scam chart (thanks to SBF).
I think Tucker interviewed SBF and implied that but SBF said he didn't have a hidden stack of crypto to fall back on
SBF absolutely seething in Bubba’s warm embrace at the news
Check the timeline. CZ with Bnance almost acquired FTX, then no. check FTX SBF funding to tokenize GME and AMC on Terra Luna, pumped to 40B MC then dumps as liquidity is needed. 🤔 they’ve distracted you these last few years, weak.
Shouldn’t even be in BTC if an 8% drop would shake you out. **Major Crashes:** **June 2011: -99%** Bitcoin surged from $2 to $32 before Mt. Gox was hacked, flooring the price to $.01 in a day. **August 2012: -56%** A Ponzi scheme from Bitcoin Savings and Trust (BST) promised 7% weekly returns, but stole 700,000 BTC. **April 2013: -83%** Mt. Gox crashed was hacked, dropping Bitcoin from $260 to $50. **December 2013: -50%** China banned Bitcoin, crashing BTC’s price overnight. **Dec 2017–Dec 2018: -84%** After peaking near $20k, Bitcoin corrected below $12k as investors sold off and hacks hit Asian exchanges. **March 2020: -61%** COVID market panic crashed Bitcoin from over $10k to under $4k over a few weeks. **May 2021: -53%** After hitting $64k, Bitcoin crashed as Tesla dropped BTC payments, China cracked down, and energy concerns spread. **Nov 2022: -77%** FTX collapsed amid fraud by Sam Bankman-Fried (SBF), triggering a massive crypto sell-off and Bitcoin dropped to $15k. Keep in mind that major corrections of 20%, 30%, 40% didn’t even make the list.
If you think this is bad, wait until SBF bribes Trump and gets pardoned.
What is happening?! I'm just waiting for the SBF pardon
I mean.. he just pardoned Zhao at binance. A criminal. He's looking to pardon SBF now. In no way do you have any weight in any argument to claim that republicans care about law, our financial system, or our markets. Its just criminal laundry and bribe money now. For the great traitor rapist in chief fuhrer.
If SBF was able stifle the market, why can't the U.S. gov?
SBF was sentenced and jailed under the Biden administration, furthermore, he wasn’t pardoned from the outgoing president Biden. Nice try though. SBF made political donations to both sides as a hedge against his malfeasance, won’t be surprised to see Trump pardon him if he has anything left in his wallets.
So Crime is legal as long as you pay the president. Who is going to be pardoned next, SBF?
SBF is also waiting for his turn lol
The situation is completely different between CZ and SBF. Pardoning CZ is a good thing. It wouldn't be the case for SBF.
That would be a mistake. The situation is completely different between SBF and CZ.
I remember that was Pelosi and SBF.
I guess he will pardon SBF next.
SBF was way too greedy and don’t know when to make friend or enemy. CZ is much more detached from the market, knowing that selling shovel in a gold rush is already very profitable.
tldr; Polymarket bettors have increased the odds of former FTX CEO Sam Bankman-Fried (SBF) receiving a pardon to 12%, following Binance CEO Changpeng Zhao's (CZ) recent pardon. SBF, convicted of fraud and conspiracy for misappropriating billions in customer funds, is serving a 25-year sentence. Comparisons have been drawn between CZ's compliance-related violations and SBF's more severe crimes. While SBF has filed an appeal, a pardon from Trump is seen as his only realistic chance for early release, though experts doubt its likelihood due to his political affiliations and the nature of his crimes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
SBF's broke right? unless he stashed some crypto somewhere
So how long until he lets SBF out?
If SBF has some stashed fund left (most probably he still has), a pardon is just a matter of time. Like the Trump admin is very predictably corrupt, like a third world bumfuck of nowhere country under a dictatorship corrupt.
wow, I didnt know that. After digging a bit, it is clear she’s really double-standard. She has so much patience with SBF. Here’s some of the news I found: [Maxine Waters Criticized for Praising SBF — Lawmaker Says 'We Appreciate That You've Been Candid'](https://news.bitcoin.com/maxine-waters-criticized-for-praising-sbf-lawmaker-says-we-appreciate-that-youve-been-candid/) [U.S. Rep. Maxine Waters Insists SBF Attend FTX Hearing on Capitol Hill](https://decrypt.co/116489/maxine-waters-insists-sbf-attend-ftx-hearing)
Pardon for SBF, Kwon Do. Let's do it
She hates crypto criminels because she had to distance herself from them after SBF / FTX and now isn’t in a position to personally profit.
SBF is already negociating his pardon, his mom is giving money to Trump.
If you havent seen any evidence then you must have had your eyes closed, that was literally one of the biggest pieces of the entire scandal, and why many of the other executives are in prison. Hell SBF acknowledged it and tweeted about it publicly when he was trying to make it seem like the entire thing was a Biden administration witchunt because he donated too much to Republicans. "I was a centrist, and (privately) donated tens of millions to Republicans, Weeks later, Biden's anti-crypto SEC/DOJ went after me. They had me arrested weeks before the crypto bill I was working on was set for a vote — and the night before I was set to testify before Congress."
CZ won SBF lost This puts an end to their rivalry
Meanwhile she blows kisses to SBF…
If she hates "crypto criminals" so much, she should've refused or returned the 'donation' (bribe) she received from SBF.
SBF donated to the Democratic Party publically and was also one of the largest republican donors anonymously Let’s not pretend he wasn’t playing both sides of the same coin
CZ has been out, he only got a 4 month sentence. SBF did a totally different crime and got life
SBF stole customer funds from FTX to cover losses and make personal and political investments, committing actual fraud to the tune of BILLIONS CZ failed to implement proper anti-money-laundering controls, resigned as CEO and pleaded guilty
SBF was a democratic donor
SBF is rolling in his grave, I mean his cell..
SBF cursing his timing this very second
pardoning CZ & Hayes and soon SBF........ Crime SZN is real folks xD
I just mean that Trump will perceive SBF to not be “Pro-Trump” and probably blames him for Biden winning in 2020. He isn’t helping SBF due to this IMO. But yes, CZ is fully onboard with helping the Trumps with their next money grab. The CEX guys are all about centralization!
Plenty of people called that when SBF did the interview with Tucker Carlson and tried to fram himself as a victim of corrupt Democrats. Including me :D
>Inb4 he also pardons SBF. He'll also pardon Maxwell.
Inb4 he also pardons SBF. You heard it here first
I think there’s a better chance that Ryan Salame gets pardoned before SBF does.
At this point, I wouldn’t be surprised if SBF gets a pardon. Then again, he mostly donated to left leaning causes and donated $5.2 million directly to Joe Biden campaign and at one point, considered paying Trump $5 billion not to run on the presidential race so he most likely will stay in prison.
Diddy for sure but SBF lost alot of rich peoples money so he might have to wait a bit
If you round out the leadership at the company, it was nearly 50/50 to the parties iirc. Either way, SBF has been glazing Trump here or there lately. Wouldn’t surprise me if he eventually gets pardoned too. Trump did Blagojevich so it’s possible.
SBF was more of a democrat guy with his donations.
Nah. SBF hasn't done Trump any favours.
CZ has already served his punishment of 4 months SBF prison sentence is 75x longer (4 months vs 25 years), their crimes are not the same
SBF is next. Hope all these dumb fuck crypto people who voted for Trump were the same ones who lost money on all these scams.
Do SBF next … why not? .
So does SBF, all things considered.
never gonna happen, SBF gave tons of money to democrats. i bet he is punching the air right now in his cell
Yeah, what's wrong with cz? He never committed any crimes like SBF
SBF will be pardoned before Trump leaves
Anyone read "Number go up" book? Book's author did AMA here couple of years back. I'm about half way through, it's an entertaining read, especially since he was interviewing all the major players whose scams fell apart during bear, like SBF and Mashinsky. The author himself is anti-crypto from get go, but despite that I think he did a good investigative job.
I was going for 1) What 2) H 3) A .... The old SBF, but what the fuck works as well lol
You should go as Gary Gensler or SBF
I thought SBF was convicted of state crimes in NY, not Federal crimes.
Trumpi just released George Santos , so that really tells u that anything is possible in the US of A - i hope SBF rots in jail for years to come but with this Administration (White Collar Crime is suddenly no crime anymore) anything is possible unfortunately !
SBF is the reason there will never be another real crypto season for alts and retail.
Leveraged boys are gone. SBF pretty much printed money out of thin air that is why the 2020 pump existed.
I get the feeling, I felt this way in 2021-2022 when exchange after exchange crashed, bankruptcy, SBF plus knowing whales can move it any way they want. So I stopped trading it and just kept dca. Eventually every dip or pump we make most of my stuff is in the green. It’s all about getting past that mental fuckery and keep pushing.
Trump X SBF, what a force to be reckon with in the cryptosphere. philanthropist x peace president, MIA
what are the odds of SBF getting a pardon from trump?
Regarding CZ: Binance / CZ’s case wasn’t really about market manipulation or anything ETH-specific. The U.S. went after him for compliance failures - mainly not having proper anti-money-laundering and sanctions controls while serving U.S. customers. There was no fraud charge. He pled guilty to a BSA violation, paid a $50 M fine, stepped down as CEO, and served 4 months. **Binance itself paid $4.3 B to settle.** The “FTX bailout revenge” theory is popular, but the DOJ investigation into Binance started years before FTX collapsed. What FTX’s implosion likely did was accelerate the crackdown - Binance was the next big target. It’s fair to say U.S. laws were vague and applied extraterritorially. This was more about regulatory control and extracting a massive settlement than proving some criminal conspiracy. CZ wasn’t treated like SBF because these were compliance violations, not theft. Whether you see him as a villain or a victim depends on your view of U.S. financial regulation, but the prison time was short because the crime wasn’t that serious.
There was, [it was available to buy as IOUs for 2 years previous to launch before SBF P&Ded it](https://i.imgur.com/qfukq6O.jpeg).
It could be anything even SBF coming for revenge all I know is any bounce is probably a dead cat
What are you talking about. Unless you can point me to where they confiscated the $25M, there is no reason to believe it was confiscated. Case in point: Ulbricht, SBF, and sooooooo many others.
Have you seen their leaders? I don't trust them at all. They are the most uncharismatic people in this space. Right after SBF and others.
CZ has already been to jail once, hes not gonna do the same dumb shit SBF was doing
Do Kwon & SBF hates this little trick.
Trump has been horrible for crypto— outside of ETH & BTC. Compare your bags back to December to today and you’ll get a logical conclusion. Can’t keep fucking over retail and expect them to come back. He has successfully managed to make it look more scammy than SBF.
Even more important to have gold and silver as part of a healthy portfolio. Trump is gonna ruin crypto worse than SBF ever did
Yeah Binance is a scam. I prefer FTX. That SBF is such a smart guy. I trust him with my entire net worth.
Just look at Sam Bankman-Fried. Sure, SBF had the advantage of stealing others money but the basic principle applies. A man can get very wealthy gambling on shitcoins, determine that the reason is because he's a genius, and get extremely careless as a result.
You missed the crash due to SBF? Was something like this.
And his scammer family is unfortunately going to scar crypto forever. You think SBF was bad ??? Hahahaha
Google FTX and Sam Bankman-Fried (SBF). You’ll buy a cold wallet immediately lol.
It’s okay I sold the bottom April 2020 at 6k and then didn’t get back in until 30k , I got an opportunity to buy more when SBF when to prison and it dropped to 15k tho , you’ll get another opportunity for a dip just be patient
River totally sucks; I tried opening an account years ago and they froze it on me right after completing KYC. Told me to try again in 30 days. I contacted customer support and told them to just close the account. I received some junk mail from them asking me to try and open an account with them again. When I tried, they said there was an account already open with my information. I complained about it on Reddit, and one of the representatives told me they would look into it. Then they got back and said my account was closed and it can’t be opened again. River is ran by a bunch of people that don’t know what they are doing. Their proof of reserves are fake. I have a feeling they are underwater and gambling with other people’s money just like SBF over at FTX.