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Message
re: Sam Bankman Fried - Guilty
Posted on 11/2/23 at 8:41 pm to Deactived
Posted on 11/2/23 at 8:41 pm to Deactived
This isn't the conspiracy y'all have tried to make it into.
There is nothing that particularly interesting about this story at its heart. A guy with ambition and questionable morals has perfect timing with an irrational market and doesn't realize he's in a bubble and uses fraud to prop up his failing ego and company.
Same shite happens with every bubble.
It's like that quote from Steve Eisman, "they mistook leverage for genius"
There is nothing that particularly interesting about this story at its heart. A guy with ambition and questionable morals has perfect timing with an irrational market and doesn't realize he's in a bubble and uses fraud to prop up his failing ego and company.
Same shite happens with every bubble.
It's like that quote from Steve Eisman, "they mistook leverage for genius"
Posted on 11/2/23 at 8:46 pm to SlowFlowPro
He was buying off both sides of the aisle. He was manipulating regulations so he could keep his pyramid scheme propped up.
fricked me out of $2k. I hope he gets arse raped in prison and his a-hole bleeds really bad.
fricked me out of $2k. I hope he gets arse raped in prison and his a-hole bleeds really bad.
Posted on 11/2/23 at 9:17 pm to SlowFlowPro
quote:
This isn't the conspiracy y'all have tried to make it into.
I dont think its some conspiracy and I dont think I am part of 'yall'.
I will just be very surprised if he gets the book thrown at him.
With the amount of criminal activity involved in crypto over the years with no repercussions whatsoever, him skating by would be par for the course.
The thing I think that would nail him to the wall which I was talking to my buddy the other day about is who he potentially screwed over in the process. You start messing with big players in this space and cause them to lose tens of millions, their connections could far outweigh yours.
Posted on 11/3/23 at 6:46 am to SlowFlowPro
quote:
There is nothing that particularly interesting about this story at its heart.
I find it interesting that liberals paraded this guy around as some sort of messiah of billionaires without having ever vetted him. I guess that’s how we ended up with Biden.
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