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re: The dude from FTX has been online playing League of Legends

Posted on 11/14/22 at 7:46 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
179321 posts
Posted on 11/14/22 at 7:46 am to
quote:

Took user funds deposited to FTX exchange and gambled with them in the stock market via his company Alameda and lost. That’s the gist from what I understand



Its more than that. One crazy part is that they created their own token which was, in reality, worthless but ran it on the balance sheet of three different companies showing it as liquid capital. A competitor also had a ton of the same token and dumped it all at once proving it was worthless which started the liquidity crunch or essentially a bank run on the exchange.

As I said it's a lot to summarize.

Also, everyone involved has parents that have deep democratic connections and SBF had said he was ready to spend up to a billion in 2024 to help Democrats get elected and keep the Presidency.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295492 posts
Posted on 11/14/22 at 7:47 am to
quote:

What's the TLDR of what happened with FTX?


Ponzi scheme. Involved political and popular investors/recipients.

The pissant deserves to stay behind bars forever. He'll rip off others if he's allowed to get out.
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
72092 posts
Posted on 11/14/22 at 7:49 am to
quote:

If you dig deep enough this is the scandal: US government votes to give billions of aid to Ukraine, Ukraine then takes this money and gives it to FTX, SBF then takes this money and gives it to Democratic party campaigns

Essentially you the taxpayer helped get all the Democrats re-elected, congratulations


Oh. So nothing that Democrat Party hasn’t already been doing for years . This guy is (or was) the new Hunter Biden. Only difference is this time it’s crypto instead of natural gas.
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 11/14/22 at 7:49 am to
quote:

US government votes to give billions of aid to Ukraine, Ukraine then takes this money and gives it to FTX, SBF then takes this money and gives it to Democratic party campaigns


the kid hasn’t been taken into custody because they are trying to figure out what he knows and he is probably trying to negotiate some sort of deal. He’s dealing with powers he can’t comprehend and if he’s not careful he will get Epstein’d
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17277 posts
Posted on 11/14/22 at 7:50 am to
quote:

Girlfriend is a 10/10 smokeshow




Posted by KLSU
Baton Rouge
Member since Sep 2003
10986 posts
Posted on 11/14/22 at 7:50 am to
quote:

US government votes to give billions of aid to Ukraine, Ukraine then takes this money and gives it to FTX, SBF then takes this money and gives it to Democratic party campaigns

Essentially you the taxpayer helped get all the Democrats re-elected, congratulations


And Republicans in both houses voted for all this "Ukrane Aid"

but

We are supposed to believe there really are two parties running this country?
Posted by East Coast Band
Member since Nov 2010
66950 posts
Posted on 11/14/22 at 7:52 am to
He'll be fully protected by your DNC overlords
Posted by tankyank13
NOLA
Member since Nov 2012
8183 posts
Posted on 11/14/22 at 7:53 am to
quote:

instead of natural gas.


And public sector union dues aka tax payers money
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9543 posts
Posted on 11/14/22 at 7:53 am to
Our boy, Coffeezilla called this 6 months ago.

YouTube - Crypto CEO Accidentally Describes a Ponzi Scheme
This post was edited on 11/14/22 at 10:46 am
Posted by IAmNERD
Member since May 2017
23711 posts
Posted on 11/14/22 at 8:02 am to
quote:

He'll be fully decapitated by your DNC overlords

FIFY.

No way in hell they let this kid possibly open his mouth about the people involved in their scheme.
Posted by Delacroix22
Member since Aug 2013
4537 posts
Posted on 11/14/22 at 8:06 am to
ok ok 9.9/10
Posted by Big Jim Slade
Member since Oct 2016
6249 posts
Posted on 11/14/22 at 8:11 am to
quote:

trying to find a way to get to Dubai


This is strange because in Feb 2022, the US apparently entered into an extradition treaty with Dubai. Unless he has some special protection there.
Posted by Spoonbilla
Member since Aug 2022
874 posts
Posted on 11/14/22 at 8:16 am to
The one in that image? Not even a 5.
Posted by PUB
New Orleans
Member since Sep 2017
20656 posts
Posted on 11/14/22 at 8:17 am to
The POS has hundreds of millions, if not billions, secretly stashed away. Another fraud along the WeWork criminal except at a level higher.
Posted by el Gaucho
He/They
Member since Dec 2010
58466 posts
Posted on 11/14/22 at 8:23 am to
Can you stop posting antisemitism
Posted by Codythetiger
Arkansas
Member since Nov 2006
30245 posts
Posted on 11/14/22 at 8:25 am to
Damn so the dude who runs FTX is a Challenger League player?

That's actually really impressive on a side note

I've played this game for over 12 years and I ain't that good
Posted by WylieTiger
Member since Nov 2006
14395 posts
Posted on 11/14/22 at 8:37 am to
That's an awesome video.
Posted by stout
Porte du Lafitte
Member since Sep 2006
179321 posts
Posted on 11/14/22 at 8:38 am to
Coffezilla has a great channel highlighting a lot of scammers
Posted by StanSmith
Member since May 2018
1064 posts
Posted on 11/14/22 at 8:40 am to
quote:

Girlfriend is a 10/10 smokeshow


The only way she would be a smokeshow is someone sets her on fire and then pours diesel on her.
Posted by Bwmdx
Member since Dec 2018
3307 posts
Posted on 11/14/22 at 8:42 am to
Still too high. U need to see the profile. Her jawline is in the negative.
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