FTX Collapse

[Ann]

Just now, Foxx said:

Just a hunch here but... SBF was probably finally arrested because he couldn't keep his big mouth shut and was probably going to implicate people they would rather keep out of the limelight. He is/was a marionette.

 

Samuel Bankman-Fried did not kill hisself.

 

Wasn't he supposed to testify before Congress tomorrow? Convenient timing. 

[Billsandhorns]

Hillary already making calls 

[devnull]

Condolences to the SBF and his family on his upcoming double tap heart attack

[Foxx]

11 hours ago, Ann said:

 

Wasn't he supposed to testify before Congress tomorrow? Convenient timing. 

He acquiesced to their request, yes, but only to a video call. He knew that if he set foot on US soil, there was a good chance of being arrested. Hence, the SDNY move.

[Ann]

Shockeroo  

 

 

 

[Ann]

6 hours ago, Foxx said:

He acquiesced to their request, yes, but only to a video call. He knew that if he set foot on US soil, there was a good chance of being arrested. Hence, the SDNY move.

Yeah, I don’t think that was why. I was very surprised Mad Max subpoenaed him. I bet the rest of the DNC was shocked, too.

[Foxx]

Why the &#%$ is this, jag-off, who knows squat about crypto and what went on, testifying in a congressional hearing?

 

 

[Ann]

Some donations

 

 

[Foxx]

The claw back commences

 

[Ann]

Sam Bankman-Fried's ex-girlfriend, FTX co-founder plead guilty to criminal charges
 

Caroline Ellison, Gary Wang pleaded guilty earlier this week, court docs show.

 

Sam Bankman-Fried's ex-girlfriend and the co-founder of FTX have each pleaded guilty to criminal charges and are cooperating with prosecutors, U.S. Attorney Damian Williams said Wednesday.

 

Caroline Ellison, CEO of Alameda Research, Bankman-Fried's privately-controlled hedge fund, and Gary Wang, co-founder of FTX, pleaded guilty earlier this week, according to newly unsealed court documents.

 

Ellison pleaded guilty to conspiracy to commit wire fraud on customers of FTX, wire fraud on customers of FTX, conspiracy to commit wire fraud on lenders of Alameda Research and wire fraud on lenders of Alameda Research, conspiracy to commit commodities fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering, according to the court documents.

 

Together, the seven counts carry a maximum sentence of 110 years in prison.

 

Wang pleaded guilty to four counts: conspiracy to commit wire fraud on customers of FTX, wire fraud on customers of FTX, conspiracy to commit commodities fraud and conspiracy to commit securities fraud, the court documents stated. He faces up to 50 years in prison.

 

</snip>

 

 

 

[Foxx]

A Security

 

[Foxx]

Released on bail... after pleading guilty.

 

To live in CA with his parents.

 

[Ann]

 

 

 

Just now, Foxx said:

To live in CA with his parents.

 

 

I thought he was broke? 🤔

[Foxx]

1 hour ago, Ann said:

 

 

 

 

I thought he was broke? 🤔

 

Bailed

 

[Billsandhorns]

26 minutes ago, Foxx said:

 

Bailed

 

he paid off the right people apparently. 

[Foxx]

On 12/22/2022 at 1:59 PM, Foxx said:

To live in CA with his parents.

 

 

When $250mm is not $250mm... 

 

Bankman-Fried's Incredible Shrinking ‘$250 Million Bond’

Quote

... In the typical federal case, a bail bondsman would charge between 10%-15% of the amount in cash to issue a surety bond or “bail bond.” In the case of Bankman-Fried’s astronomical bond, 15% of $250 million would be $37.5 million. But Bankman-Fried did not pay $37.5 million for his bond. No, Bankman-Fried actually paid no cash at all for his “$250 million bond.” Nothing. Zero. ...

 

...There is a second way to acquire a bail bond. A defendant, or someone on their behalf, may pledge collateral in the full amount of the bond. Then, if the defendant fails to appear in court, the pledged collateral is forfeit to the court. So, in Bankman-Fried’s case, that would mean he would need a benefactor to step up and pledge property worth $250 million to get the bond. But that did not happen either. ...

 

Instead, Bankman-Fried’s parents promised to pledge as collateral their Palo Alto, California, home, where he'll also be staying under house arrest. The Palo Alto home is rumored to be worth $4 million. And that is the full extent of the collateral pledged to guarantee the $250 million bond. No other collateral was posted or promised. ...

 

... In this case, Bankman-Fried was not required to post a conventional bail bond. Instead, Bankman-Fried was simply released from custody on something called a personal recognizance bond. The personal recognizance bond contains Bankman-Fried’s solemn promise (and his parents’ promise) to pay the court $250 million if he fails to show up for trial at the appointed time. ...

 

[Ann]

Musk should have bought the NYT when he bought Twitter. The paper of record 
 

 

[Koko]

9 hours ago, Ann said:

Musk should have bought the NYT when he bought Twitter. The paper of record 
 

 

 

Eh, he's a good dude: He hasn't kidnapped more than 38 people, and his body count is under 15! I mean hell, SBF only rapes his prostitutes half as much as other pimps!

[Hedge]

 

 

[Billsandhorns]

On 1/9/2023 at 9:38 AM, Hedge said:

 

 

Is he going to be a fall guy? Get Arkancided,off with minor charges. Pardon for greasing the palms?