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Posted on 11/17/2022 8:05:19 AM PST by Enlightened1
Disgraced tech bro Sam Bankman-Fried has sensationally confessed his commitment to ethics was ‘a front’ and he ‘feels bad’ for those who were ‘f***** by it’ - as he blamed his ex-girlfriend for the FTX crisis.
The founder of the failed crypto platform, whose collapse has cost consumers billions of dollars, admitted his efforts to appear moral during the company’s heyday were a ‘dumb game we woke Westerners play’.
He sensationally said blame for the disaster at FTX lay with Alameda Research, the trading firm which he founded in 2017 and was run by his on-off lover, Harry Potter enthusiast Caroline Ellison.
Bankman-Fried, who owned a majority stake in Alameda, installed Ellison, 28, as CEO of the multibillion dollar fund in October 2021 despite her limited professional trading experience.
He appears to accept FTX lent Alameda billions of dollars in clients’ money without their knowledge or permission. The crisis at FTX was triggered when customers rushed to withdraw their funds but the company couldn't pay out.
Bankman-Fried, 30, lived in a $40 million penthouse in the Bahamas, a tax haven, with Ellison in a 10-person 'polycule' made up his inner circle of FTX and Alameda executives.
He made his latest string of sensational comments in a car crash interview with Vox reporter Kelsey Piper.
Serious questions are now being asked of SEC chair Gary Gensler who is facing scrutiny over his relationship with the disgraced crypto wunderkind - and the lack of oversight of the crypto market that Gensler has himself described as the Wild West.
(Excerpt) Read more at dailymail.co.uk ...
This just the government using the private sector to impose its will. If you really believe this guy is still in the Bahamas I’ve got a bridge in Brooklyn to sell you.
This is what happens when you launder billions and billions of dollars through a group of children.
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What were her bad bets? That doesn't sound like your run of the mill neighborhood poker game. At least I have never lost billions losing at poker. Who wouldn't notice 10's of billions going missing?
Seize all money launderer to democrats and republicans and restore to clients
Little creep probably helped us lose the Senate just like Fu*kerberg made us lose the in 2020.
Sociopath.
If morals aren’t relevant and don’t matter, why does this bottom-feeder feel the need to blame his ex-girlfriend for the problems?
“Also it took 32 billion dollars to get this pencil arms laid”
That’s nothing. I can get laid for only 1 billion dollars.
Now, if only I had 1 billion dollars.
Disgraced? How? Like Weinstein and Epstein? They are still considered victims.
Life sentences for both of them.
A lot of government bureaucrats wouldn't. Particularly if they were getting a share.
As for her bad bets, it sounds like she may have made trashy investments and lost vast sums of money.
Life sentences for both of them.
Yeah, in an offhand way that's what I was eluding to. That would be about the only way to trash that much money without having someone in that firm 'noticing'. I've read that there is no Board of Directors but there were some 'employees'. I'm guessing everyone knew there was money laundering back to politicians going on and they remained silent while getting their small cut of the action. Jail them all! The first one to roll gets amnesty.
I’m thinking more like a helicopter ride.
Lol - this is like Hitler trying to point the finger at his secretary.
I stopped reading at “Harry Potter enthusiast.”
Maybe it’s just me, but dude has BILLIONS of dollars, and THAT was his GF? There must not be any chrome on a trailer hitch within MILES of his house.
...........I was wondering the exact thing.
Chump thought he paid off the right people giving so much money to the democrats and paling around with world wide socialists. Guess what “wunderkid.” You were the bagman to launder money to the democrats. Your usefulness has been exhausted an off to a “suicide watch jail cell with no observers, cameras, and lots of shredded sheets.
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