I feel like I know different versions of this guy in my personal life.
So do I. They didn’t get as rich, but it was all there, from the “eugenics, and by that I mean my superior genes, will improve the future of humanity” ideology to the cryptobro grifting to the staggeringly inflated sense of self-importance that reached self-deification.
I was combing over his Wikipedia page, waiting for the big illegal thing going: “Well, opening a crypto exchange alone isn’t enough to…OH, NVM…”
Anonymous sources cited by Reuters stated that, earlier in2022, Bankman-Fried had transferred at least $4 billion from FTX to Alameda Research, without any disclosure to the companies' insiders or the public. The sources said that the money transferred included customer funds, and that it was ostensibly backed by FTT and shares in Robinhood.[70][71] An anonymous source cited by the Wall Street Journal stated that Bankman-Fried had disclosed that Alameda owed FTX about $10 billion which was secured through customer funds held by FTX when FTX had, at the time, $16 billion in customer assets.[72] According to anonymous sources cited by the Wall Street Journal, the Chief Executive of Alameda Research Caroline Ellison told employees that Bankman-Fried was aware that FTX had lent its customers’ money to Alameda to help it meet its liabilities.
Well, um… yep, that’ll do it.
Unrelated to his charges, I… just, wat?
On August 22, 2023 Bankman-Fried's counsel averred that he was not being provided a vegan diet and that his psychiatric medication was running low,[97] and that he could not prepare for his trial subsisting on bread, water, and peanut butter.
I mean all that was sketchy as fuck, sure, I just didn’t see anything particularly illegal about donating to people you want to donate to,… but there is something wrong about using customer funds, not reporting jack shit and throwing money around you don’t technically own that is backed by three or four collateral exchanges that you’re already in the hole for.
What did he think would happen, it’d just blow over, lmao?
I just didn’t see anything particularly illegal about donating to people you want to donate to
Does that include sketchy shell games where billionaires donate to themselves, get breaks and other perks from doing so, and effectively launder money while boosting their own lobbying power?
So do I. They didn’t get as rich, but it was all there, from the “eugenics, and by that I mean my superior genes, will improve the future of humanity” ideology to the cryptobro grifting to the staggeringly inflated sense of self-importance that reached self-deification.
Some of them consider themselves “on the left”. >:(
“Free college, legal weed, and an eternity of benevolent god-king rule from billionaires that post cringe on Twitter!”
Why are you surrounded by so many psychos.
Location, location, location.
Sunnyvale?
Turns out the real bloodsucking vampires were the bourgeoisie the whole time!
They’re everywhere when you work in tech
I was combing over his Wikipedia page, waiting for the big illegal thing going: “Well, opening a crypto exchange alone isn’t enough to…OH, NVM…”
Anonymous sources cited by Reuters stated that, earlier in 2022, Bankman-Fried had transferred at least $4 billion from FTX to Alameda Research, without any disclosure to the companies' insiders or the public. The sources said that the money transferred included customer funds, and that it was ostensibly backed by FTT and shares in Robinhood.[70][71] An anonymous source cited by the Wall Street Journal stated that Bankman-Fried had disclosed that Alameda owed FTX about $10 billion which was secured through customer funds held by FTX when FTX had, at the time, $16 billion in customer assets.[72] According to anonymous sources cited by the Wall Street Journal, the Chief Executive of Alameda Research Caroline Ellison told employees that Bankman-Fried was aware that FTX had lent its customers’ money to Alameda to help it meet its liabilities.Well, um… yep, that’ll do it.
Unrelated to his charges, I… just, wat?
On August 22, 2023 Bankman-Fried's counsel averred that he was not being provided a vegan diet and that his psychiatric medication was running low,[97] and that he could not prepare for his trial subsisting on bread, water, and peanut butter.Effective altruism intensifies :sus:
I mean all that was sketchy as fuck, sure, I just didn’t see anything particularly illegal about donating to people you want to donate to,… but there is something wrong about using customer funds, not reporting jack shit and throwing money around you don’t technically own that is backed by three or four collateral exchanges that you’re already in the hole for.
What did he think would happen, it’d just blow over, lmao?
Does that include sketchy shell games where billionaires donate to themselves, get breaks and other perks from doing so, and effectively launder money while boosting their own lobbying power?
No, it does not. I’m in no way defending him, lmao. Take the blinders off. I just wanted more specifics, and I got some.
What blinders? Not everyone that disagrees with you or sees something dubious in your statements is inherently unwell.
Not everyone discussing a topic is defending the person they’re talking about. I’m not here for a fight. If you want one, 4chan.org can assist you.
You’re whining about an imaginary fight after concern trolling me about “blinders” and now you’re accusing me of being 4chan-adjacent?
Fuck off back to Reddit with that smug crybully nonsense. Unlike your nonsensical 4chan claim, you would actually thrive there.