FTX Collapse

[Ann]

Whoa. Methinks Twitter has changed:



 

 

[Foxx]

Contagion is spreading.

 

Barry Silbert not looking to good right about now.

 

[Ann]

I hope Elon Musk has good bodyguards:
 

 

 

And then... (yes, he really is scheduled to speak)
 

 

[Ann]

He is going to make people aware of this money laundering disaster whether the establishment and media wants people to know about it, or not.
 

[Hedge]

 

 

 

 

[Ann]

Yes, it is a cover-up
 

 

[Foxx]

It's good to know they did their due diligence... 

 

[Foxx]

Of course

 

[Foxx]

Why has he not been arrested yet

 

[Ann]

2 minutes ago, Foxx said:

Why has he not been arrested yet

 

'Cause then we would find out how much they laundered from the Ukraine money. It isn't rocket surgery figuring this out. The establishment just does not care (at the moment) that people know about this, and the little guy got stomped.
 

[Ann]

Musk continues to call out the media and bring attention to this crime.

 

 

[Ann]

The WSJ:
 

 

[Foxx]

Congressional testimony 

 

[Foxx]

The Machine's golden boy

 

[Foxx]

Do ya think ol' Mitch will give it to the bankruptcy court when they try to claw it back?

 

[Billsandhorns]

2 hours ago, Foxx said:

Do ya think ol' Mitch will give it to the bankruptcy court when they try to claw it back?

 

Not a chance in hell

[Foxx]

Of course they are. You have to keep the contagion quiet so the bail-ins can go unnoticed.

 

 FTX Top Creditors To Keep Anonymity For Time Being

Quote

... Though a representative for the U.S. trustee observing the case agreed that contact information for individual customers could be kept confidential, he disagreed on FTX’s main goal to preserve the anonymity of institutional customers.

 

“The debtor’s affairs are an open book and are in a fishbowl during bankruptcy proceedings,” Benjamin Hackman said.

 

Ultimately, Judge Dorsey ruled in favor of FTX until a complete list of top 50 creditors could be sent to the trustees. The court has scheduled a hearing on December 16 at 10 a.m. over the unsealing of creditor information. After viewing the information, U.S. trustees will be given the opportunity to provide factual reasons why those names should be disclosed during the proceedings.

 

The names of top creditors are typically made public in bankruptcy cases. ...

 

[Ann]

oh, they know where it all went

[Taro T]

36 minutes ago, Ann said:

oh, they know where it all went

Guess those 87,000 new IRS Auditors weren't quite up to speed yet.  😒

[Foxx]

Fallout continues