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Gee, I wonder what’s going on?

Posted on 11/13/22 at 8:06 am
Posted by Geekboy
Member since Jan 2004
4976 posts
Posted on 11/13/22 at 8:06 am
quote:

FTX founder and two senior execs are 'under observation by authorities' holed-up in luxurious Bahamas resort owned by Tiger Woods and Justin Timberlake - as they 'plot escape to non-extradition safe haven Dubai'

LINK

I’m curious why they would want to go to Dubai?

Missing money? I’m sure there is a very reasonable explanation. Perhaps a simple clerical error. I’m sure every is on the up and up.
Posted by 0x15E
Outer Space
Member since Sep 2020
12687 posts
Posted on 11/13/22 at 8:08 am to
Is Dubai really non-extradition?

Had no clue
This post was edited on 11/13/22 at 8:09 am
Posted by LRB1967
Tennessee
Member since Dec 2020
15614 posts
Posted on 11/13/22 at 8:18 am to
quote:

Is Dubai really non extradition?


There is currently no extradition treaty with the United Arab Emirates. The U.S. government can apply and have the case considered by the courts in the UAE who will decide if the individual will be extradited.
Posted by RummelTiger
Texas
Member since Aug 2004
89872 posts
Posted on 11/13/22 at 8:20 am to
quote:

Gee, I wonder what’s going on?


Well, it appears that three wealthy individuals are trying to figure out a way to escape to a country to avoid prosecution in the U.S. over multiple felony charges.
Posted by BigBobbyStorey
New Lodge, Belfast
Member since May 2021
1058 posts
Posted on 11/13/22 at 8:24 am to
Dubai is where the Kinahan cartel leaders, the Dublin drug gang, relocated since they are wanted all over Europe/US for trafficking coke. I think as long as you have money and can pay the right people they won't extradite you. Although the rumor is that the Kinahans left recently, so who knows.
Posted by BottomlandBrew
Member since Aug 2010
27098 posts
Posted on 11/13/22 at 8:24 am to
The more I read about the shite going on in that condo, the crazier this gets. This is from the tumblr of the CEO of Alameda:





It was apparently a non-stop adderall-fueled, vegan orgy while taking breaks to defraud billions of dollars to degen it all away on terrible yield farm operations and democratic candidates.
Posted by TheWalrus
Member since Dec 2012
40534 posts
Posted on 11/13/22 at 8:27 am to
I find this oddly amusing
Posted by HoustonGumbeauxGuy
Member since Jul 2011
29523 posts
Posted on 11/13/22 at 8:29 am to
What in the frick is all that gibberish?

Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43299 posts
Posted on 11/13/22 at 9:07 am to
Its terrible for everyone losing money but it's incredible drama. I havent been able to take my eyes off of Twitter for days
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39954 posts
Posted on 11/13/22 at 9:10 am to
That dude is neck deep in Democrat circles. They’re just buying time to figure out how to wash everything out in the mix.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120272 posts
Posted on 11/13/22 at 9:13 am to
quote:

That dude is neck deep in Democrat circles. They’re just buying time to figure out how to wash everything out in the mix.


This

This was a ponzi scheme to fund dem election campaigns

No surprise this comes out right after election
Posted by Bourre
Da Parish
Member since Nov 2012
20276 posts
Posted on 11/13/22 at 9:15 am to
These same people funneled 500 million dollars to the democrat party this past election.
Posted by 610man
Louisiana
Member since Jun 2005
7343 posts
Posted on 11/13/22 at 9:29 am to
Nothing will happen to this dude, nothing will happen to the dems.
Posted by cgrand
HAMMOND
Member since Oct 2009
38801 posts
Posted on 11/13/22 at 9:33 am to
quote:

These same people funneled 500 million dollars to the democrat party this past election.
it appears the whole FTX/FTT/alameda circus was a gigantic ponzi I don’t think there’s any doubt about that. FTX created “currency” out of thin air and then laundered it into cash to make speculative equity investments

the timing of the collapse is suspect but, it was the fed rate raises that cratered crypto which subsequently cratered FTX. If the whole thing was a scheme to fund the midterms why wouldn’t they have held everything off until after the elections?
Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35623 posts
Posted on 11/13/22 at 9:37 am to
quote:

the timing of the collapse is suspect but, it was the fed rate raises that cratered crypto which subsequently cratered FTX. If the whole thing was a scheme to fund the midterms why wouldn’t they have held everything off until after the elections?


I think the explanation of wanting to get a bunch of money to live cool places and do drugs is a more reasonable one than "crypto ponzi scheme to fund an election".
Posted by cgrand
HAMMOND
Member since Oct 2009
38801 posts
Posted on 11/13/22 at 9:49 am to
the simplest explanation generally is accurate. In this case, greed and opportunity
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119178 posts
Posted on 11/13/22 at 9:52 am to
quote:

resort owned by Tiger Woods and Justin Timberlake


Are they "buddies"?
Posted by VictoryHill
Alabama
Member since Nov 2013
3210 posts
Posted on 11/13/22 at 10:55 am to

Damn, she's ugly as frick.
Posted by msutiger
Shreveport
Member since Jul 2008
69623 posts
Posted on 11/13/22 at 10:58 am to
(no message)
This post was edited on 4/10/23 at 4:32 pm
Posted by msutiger
Shreveport
Member since Jul 2008
69623 posts
Posted on 11/13/22 at 10:59 am to
quote:

think the explanation of wanting to get a bunch of money to live cool places and do drugs is a more reasonable one than "crypto ponzi scheme to fund an election".


It could easily be both.
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