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re: Sam Bankman-Fried had been arrested in Bahamas
Posted on 12/14/22 at 8:52 pm to buckeye_vol
Posted on 12/14/22 at 8:52 pm to buckeye_vol
Why did the assclowns in dc and ny think it was necessary to arrest him 36hrs before he was to give congressional testimony?
Posted on 12/14/22 at 10:06 pm to Dirtyboro
quote:
Why did the assclowns in dc and ny think it was necessary to arrest him 36hrs before he was to give congressional testimony?
Lol you honestly think he was going to show up to DC... Guy was never going to set foot in the USA unless he was extradited.
Posted on 12/15/22 at 8:34 am to UltimaParadox
quote:
show up to DC... Guy was never going to set foot in the USA
I hope you realize the hearing was going to be virtual...
Posted on 12/15/22 at 8:37 am to skewbs
Yeah, his days are numbered. He has way too much info on people that say they care but were his biggest recipients of funds.
Posted on 12/15/22 at 9:58 am to skewbs
quote:
I hope you realize the hearing was going to be virtual...
Ah I thought he was making the point that SBF was coming to the USA to testify and we should grab him then.
The legal case at this point is made, everyone flipped on him. The evidence is overwhelming.
Posted on 2/9/23 at 11:14 pm to buckeye_vol
Just happened to catch this in a Robinhood earnings news piece:
I’m assuming that SBF bought the shares at a fairly high level, and with the shares now beaten down to about $10/share, they should do rather well repurchasing the shares… if they’re allowed to do it. And I don’t see why they wouldn’t be allowed - unless there’s a continuing battle over SBF getting the proceeds.
Thoughts?
quote:
Robinhood also said it plans to buy back its shares from Sam Bankman-Fried’s Emergent Fidelity Technologies, which he purchased using money from FTX-affiliated trading firm, Alameda Research. These shares, which Bankman-Fried wanted to use to pay legal fees during the ongoing investigation of FTX’s collapse in November 2022, have become a point of contention in the case.
I’m assuming that SBF bought the shares at a fairly high level, and with the shares now beaten down to about $10/share, they should do rather well repurchasing the shares… if they’re allowed to do it. And I don’t see why they wouldn’t be allowed - unless there’s a continuing battle over SBF getting the proceeds.
Thoughts?
This post was edited on 2/9/23 at 11:16 pm
Posted on 2/9/23 at 11:55 pm to Jag_Warrior
And:
quote:
Robinhood board approves plan to buy back Sam Bankman-Fried's $578 million stake
Robinhood's board has approved a plan to purchase Sam Bankman-Fried's shares in the company, which amount to more than a 7% stake.
Robinhood said it's working with the Department of Justice on the plan and can't guarantee when or if it will happen.
The 55 million shares are at the heart of a dispute between Bankman-Fried and a set of international and domestic entities, including crypto lender BlockFi.
This post was edited on 2/9/23 at 11:57 pm
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