Sam Bankman-Fried

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  • DVTimes
    xxx
    • Jun 2003
    • 31658
    #1

    Sam Bankman-Fried

    Considering he was a billionaire, it is interesting that this week is the first I have heard about him.
    XXX
    Tags: None
    • jscott
      jscizzle
      • Feb 2001
      • 25415
      #2
      Well considering you're not into crypto, why do you think you should have known about a CEO of a crypto trading platform?
      If you think tough men are dangerous, wait until you see what weak men are capable of.
      - Jordan B. Peterson
      Listen to Pomp tell why is Bitcoin important

        Comment

        • Biggie Smalls Web Writing
          Confirmed User
          • Aug 2011
          • 3993
          #3
          Tom Brady and millions of others invested in crypto via FTX wish they could say the same

          Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

            Comment

            • jscott
              jscizzle
              • Feb 2001
              • 25415
              #4
              Originally posted by Biggie Smalls Web Writing
              Tom Brady and millions of others invested in crypto via FTX wish they could say the same
              SBF/FTX/Alameda contributed $$10's of millions to Democratic party including Joe Biden campaigns, bet they wish they could also say the same

              https://nypost.com/2022/11/14/sam-ba...bank-for-dems/
              If you think tough men are dangerous, wait until you see what weak men are capable of.
              - Jordan B. Peterson
              Listen to Pomp tell why is Bitcoin important

                Comment

                • Biggie Smalls Web Writing
                  Confirmed User
                  • Aug 2011
                  • 3993
                  #5
                  Originally posted by jscott
                  SBF/FTX/Alameda contributed $$10's of millions to Democratic party including Joe Biden campaigns, bet they wish they could also say the same

                  https://nypost.com/2022/11/14/sam-ba...bank-for-dems/
                  I read an article where it says that he was supposed to donate 1b and they got mad at him when he donated only 50m

                  Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                    Comment

                    • candyflip
                      Carpe Visio
                      • Jul 2002
                      • 43069
                      #6
                      Originally posted by Biggie Smalls Web Writing
                      Tom Brady and millions of others invested in crypto via FTX wish they could say the same
                      They didn't invest shit. They got equity for some of their time for marketing.

                      Spend you some brain.
                      Email Me

                        Comment

                        • baddog
                          So Fucking Banned
                          • Apr 2001
                          • 107089
                          #7
                          Originally posted by candyflip
                          They didn't invest shit. They got equity for some of their time for marketing.
                          Larry David is the only one that got it right.

                            Comment

                            • adultchatpay
                              Let's Make Money
                              • Dec 2008
                              • 8785
                              #8
                              SBF is a wonder kid no more

                                Comment

                                • NewsPressed
                                  Confirmed User
                                  • Aug 2020
                                  • 76
                                  #9
                                  Never heard of this guy before - but a bunch is now coming out - as the facts unfold - it seems SBF - will turn out to be yet one more Democrat dishonest thieving scumbag...
                                  https://www.newspressed.com/

                                    Comment

                                    • Biggie Smalls Web Writing
                                      Confirmed User
                                      • Aug 2011
                                      • 3993
                                      #10
                                      Originally posted by candyflip
                                      They didn't invest shit. They got equity for some of their time for marketing.
                                      I wasn't talking about celebrities only.

                                      FTX fucked over 5 million people.

                                      Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                        Comment

                                        • baddog
                                          So Fucking Banned
                                          • Apr 2001
                                          • 107089
                                          #11
                                          Originally posted by Biggie Smalls Web Writing
                                          I wasn't talking about celebrities only.

                                          FTX fucked over 5 million people.
                                          Yep; I was just talking to a friend that has never invested in crypto, but he did invest in FTX.

                                            Comment

                                            • jscott
                                              jscizzle
                                              • Feb 2001
                                              • 25415
                                              #12
                                              Originally posted by baddog
                                              Yep; I was just talking to a friend that has never invested in crypto, but he did invest in FTX.
                                              I don't get why people, especially noobs, go straight for the highest risk investment when in crypto. They bypass the oldest, most secure, only decentralized of all, Bitcoin.
                                              If you think tough men are dangerous, wait until you see what weak men are capable of.
                                              - Jordan B. Peterson
                                              Listen to Pomp tell why is Bitcoin important

                                                Comment

                                                • Biggie Smalls Web Writing
                                                  Confirmed User
                                                  • Aug 2011
                                                  • 3993
                                                  #13
                                                  Originally posted by baddog
                                                  Yep; I was just talking to a friend that has never invested in crypto, but he did invest in FTX.
                                                  There is a difference between investing in FTT, their native token that went from $30 down to $1.5 USD basically over the night and buying crypto (even btc) at FTX exchange and leaving it there instead of moving to the ledger or whatever you each one of us crypto users should have. Either way, they're fucked..

                                                  Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                                    Comment

                                                    • Biggie Smalls Web Writing
                                                      Confirmed User
                                                      • Aug 2011
                                                      • 3993
                                                      #14
                                                      Originally posted by jscott
                                                      I don't get why people, especially noobs, go straight for the highest risk investment when in crypto. They bypass the oldest, most secure, only decentralized of all, Bitcoin.
                                                      They wouldn't lose it all if they bought any coin even the biggest shitcoin and moved it to a hardware wallet.

                                                      Instead, they trusted FTX and left the coins there on exchange and Sam & his fuck buddy gambled it away..

                                                      Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                                        Comment

                                                        • jscott
                                                          jscizzle
                                                          • Feb 2001
                                                          • 25415
                                                          #15
                                                          Originally posted by Biggie Smalls Web Writing
                                                          They wouldn't lose it all if they bought any coin even the biggest shitcoin and moved it to a hardware wallet.

                                                          Instead, they trusted FTX and left the coins there on exchange and Sam & his fuck buddy gambled it away..
                                                          Right, but what failed here was centralization. MTgox, BTC-e, FTX, etc all centralized. So was FTT, the FTX token. So are all cryptos that offer staking (ie: ADA, ETH, SOL), because someone, some entity needs to issue the stakings, that would be a centralized control. It's created out of thin air just as fiat is. Unlike Bitcoin where energy and time is needed to mine it, true hard money.

                                                          This FTX/SBF implosion is a reminder to NOT trust anyone! Trust math & protocol, the only decentralized one of those is Bitcoin.
                                                          If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                          - Jordan B. Peterson
                                                          Listen to Pomp tell why is Bitcoin important

                                                            Comment

                                                            • baddog
                                                              So Fucking Banned
                                                              • Apr 2001
                                                              • 107089
                                                              #16
                                                              Originally posted by Biggie Smalls Web Writing
                                                              There is a difference between investing in FTT, their native token that went from $30 down to $1.5 USD basically over the night and buying crypto (even btc) at FTX exchange and leaving it there instead of moving to the ledger or whatever you each one of us crypto users should have. Either way, they're fucked..
                                                              He was a cash investor, that's all I know other than he specifically said it wasn't a crypto purchase.

                                                              I was not interested enough to dig deeper

                                                                Comment

                                                                • Rebel D
                                                                  Registered User
                                                                  • Jan 2004
                                                                  • 3916
                                                                  #17
                                                                  Originally posted by baddog
                                                                  Larry David is the only one that got it right.
                                                                  Pure coincidence

                                                                    Comment

                                                                    • adultwebmestar
                                                                      Confirmed User
                                                                      • Aug 2009
                                                                      • 222
                                                                      #18
                                                                      the crypto profit landed in democratic hands
                                                                      so funny
                                                                      satoshi turning in his grave

                                                                        Comment

                                                                        • Biggie Smalls Web Writing
                                                                          Confirmed User
                                                                          • Aug 2011
                                                                          • 3993
                                                                          #19
                                                                          Originally posted by jscott
                                                                          Right, but what failed here was centralization. MTgox, BTC-e, FTX, etc all centralized. So was FTT, the FTX token. So are all cryptos that offer staking (ie: ADA, ETH, SOL), because someone, some entity needs to issue the stakings, that would be a centralized control. It's created out of thin air just as fiat is. Unlike Bitcoin where energy and time is needed to mine it, true hard money.

                                                                          This FTX/SBF implosion is a reminder to NOT trust anyone! Trust math & protocol, the only decentralized one of those is Bitcoin.
                                                                          You are right here, all mentioned above are centralized. Fox ex SOL, 50% of the initial distribution of the token went to investors:
                                                                          1. 15.86% to Seed Round investors
                                                                          2. 2.63 to Founding Sale investors
                                                                          3. 5.07% to Validator Sale investors
                                                                          4. 1.84% to Strategic Sale investors
                                                                          5. 1.6% to Public Auction Sale investors
                                                                          6. 12.5% to team members
                                                                          7. 12.5% to the Solana Foundation


                                                                          btc is no brainer, it offers the least amount of risk and solid reward. But its in human nature to chase pumps and projects with higher risk-reward ratio, and also to leverage it until they go broke

                                                                          Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                                                            Comment

                                                                            • Biggie Smalls Web Writing
                                                                              Confirmed User
                                                                              • Aug 2011
                                                                              • 3993
                                                                              #20
                                                                              Originally posted by baddog
                                                                              He was a cash investor, that's all I know other than he specifically said it wasn't a crypto purchase.

                                                                              I was not interested enough to dig deeper
                                                                              Its crazy what happened.

                                                                              They were insolvent for some time due to leveraging clients' funds.

                                                                              Then when Binance found out what they were doing and threatened to sell some of the % FTT token they owned, FTT token started going down and FTX tried to stop the bleeding by selling other assets. Millions of users then realized that money is not safe and they tried to do withdrawals, which was suspended a few hours later. And the worst part was the hack, which many people think that Alameda did and stole an additional 400m usd.

                                                                              Yeah, you're not wrong, the movie is coming out soon

                                                                              Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                                                                Comment

                                                                                • k0nr4d
                                                                                  Confirmed User
                                                                                  • Aug 2006
                                                                                  • 9231
                                                                                  #21
                                                                                  Originally posted by Biggie Smalls Web Writing
                                                                                  Its crazy what happened.

                                                                                  They were insolvent for some time due to leveraging clients' funds.

                                                                                  Then when Binance found out what they were doing and threatened to sell some of the % FTT token they owned, FTT token started going down and FTX tried to stop the bleeding by selling other assets. Millions of users then realized that money is not safe and they tried to do withdrawals, which was suspended a few hours later. And the worst part was the hack, which many people think that Alameda did and stole an additional 400m usd.

                                                                                  Yeah, you're not wrong, the movie is coming out soon
                                                                                  There was no hack. There's no way that someone could have compromised that many systems that quickly unless they were absolutely fucking retarded and stored all the keys in one place with a shitty password, and I would imagine that a company worth billions like that one (at the time, anyways) likely had a whole team for cyber security.
                                                                                  Mechanical Bunny Media
                                                                                  Mechbunny Tube Script | Mechbunny Webcam Aggregator Script | Custom Web Development

                                                                                    Comment

                                                                                    • Biggie Smalls Web Writing
                                                                                      Confirmed User
                                                                                      • Aug 2011
                                                                                      • 3993
                                                                                      #22
                                                                                      Originally posted by k0nr4d
                                                                                      There was no hack. There's no way that someone could have compromised that many systems that quickly unless they were absolutely fucking retarded and stored all the keys in one place with a shitty password, and I would imagine that a company worth billions like that one (at the time, anyways) likely had a whole team for cyber security.
                                                                                      My bad, I should have put hack in '' ''

                                                                                      Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                                                                        Comment

                                                                                        • Biggie Smalls Web Writing
                                                                                          Confirmed User
                                                                                          • Aug 2011
                                                                                          • 3993
                                                                                          #23
                                                                                          This guy did a great job putting it all together

                                                                                          https://twitter.com/mrjasonchoi/stat...FrE5Zhdh6d7Bbg

                                                                                          Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                                                                            Comment

                                                                                            • baddog
                                                                                              So Fucking Banned
                                                                                              • Apr 2001
                                                                                              • 107089
                                                                                              #24
                                                                                              Originally posted by Rebel D
                                                                                              Pure coincidence
                                                                                              You think?

                                                                                                Comment

                                                                                                • Kittens
                                                                                                  👏 REVOLUTIONARY 👏
                                                                                                  • Jan 2016
                                                                                                  • 1440
                                                                                                  #25
                                                                                                  Originally posted by jscott
                                                                                                  I don't get why people, especially noobs, go straight for the highest risk investment when in crypto. They bypass the oldest, most secure, only decentralized of all, Bitcoin.
                                                                                                  They are trying to ride the same wave with a new token that happened with BTC but they'll never feel the same thing. BTC was an anomaly.

                                                                                                  Originally posted by k0nr4d
                                                                                                  There was no hack. There's no way that someone could have compromised that many systems that quickly unless they were absolutely fucking retarded and stored all the keys in one place with a shitty password, and I would imagine that a company worth billions like that one (at the time, anyways) likely had a whole team for cyber security.
                                                                                                  Don't underestimate companies lol. We've got a long history of companies doing exactly what you said is "absolutely fucking retarded" doing.

                                                                                                    Comment

                                                                                                    • jscott
                                                                                                      jscizzle
                                                                                                      • Feb 2001
                                                                                                      • 25415
                                                                                                      #26
                                                                                                      Originally posted by Biggie Smalls Web Writing
                                                                                                      btc is no brainer, it offers the least amount of risk and solid reward. But its in human nature to chase pumps and projects with higher risk-reward ratio, and also to leverage it until they go broke
                                                                                                      ^^ exactly

                                                                                                      Originally posted by Biggie Smalls Web Writing
                                                                                                      This guy did a great job putting it all together
                                                                                                      https://twitter.com/mrjasonchoi/stat...FrE5Zhdh6d7Bbg


                                                                                                      few more interesting takes

                                                                                                      BenKew calling out scandal https://twitter.com/ben_kew/status/1591625254044041224
                                                                                                      Vitaliks response to FTX https://twitter.com/TuurDemeester/st...87186653679617
                                                                                                      Calvin Robinsons views https://twitter.com/calvinrobinson/s...31504875544577
                                                                                                      If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                                                      - Jordan B. Peterson
                                                                                                      Listen to Pomp tell why is Bitcoin important

                                                                                                        Comment

                                                                                                        • Biggie Smalls Web Writing
                                                                                                          Confirmed User
                                                                                                          • Aug 2011
                                                                                                          • 3993
                                                                                                          #27
                                                                                                          Buckle up


                                                                                                          Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                                                                                                            Comment

                                                                                                            • lezinterracial
                                                                                                              Confirmed User
                                                                                                              • Jul 2012
                                                                                                              • 3117
                                                                                                              #28
                                                                                                              ColdFusion always makes interesting stories. Just dropped their FTX story.



                                                                                                              I think we know why Tom Brady got divorced now.
                                                                                                              Live Sex Shows

                                                                                                                Comment

                                                                                                                • todservices
                                                                                                                  Confirmed User
                                                                                                                  • Mar 2014
                                                                                                                  • 474
                                                                                                                  #29
                                                                                                                  The only election a democrat can win is when he steals it

                                                                                                                    Comment

                                                                                                                    • Kittens
                                                                                                                      👏 REVOLUTIONARY 👏
                                                                                                                      • Jan 2016
                                                                                                                      • 1440
                                                                                                                      #30
                                                                                                                      Originally posted by todservices
                                                                                                                      The only election a democrat can win is when he steals it
                                                                                                                      Oh shut the fuck up and keep your dumb fucking DER STOLE DA ELESHUN!!1!! bullshit in politics forum.

                                                                                                                        Comment

                                                                                                                        • todservices
                                                                                                                          Confirmed User
                                                                                                                          • Mar 2014
                                                                                                                          • 474
                                                                                                                          #31
                                                                                                                          Originally posted by Kittens
                                                                                                                          Oh shut the fuck up and keep your dumb fucking DER STOLE DA ELESHUN!!1!! bullshit in politics forum.
                                                                                                                          oohhhh I touched a nerve here
                                                                                                                          Only truth hurts ...

                                                                                                                            Comment

                                                                                                                            • Kittens
                                                                                                                              👏 REVOLUTIONARY 👏
                                                                                                                              • Jan 2016
                                                                                                                              • 1440
                                                                                                                              #32
                                                                                                                              Originally posted by todservices
                                                                                                                              oohhhh I touched a nerve here
                                                                                                                              Only truth hurts ...
                                                                                                                              There is no truth, you're just a fucking idiot and nobody cares to hear about your stupid fucking shit, go back to the tard yard and spew your nonsense with the rest of the tards.

                                                                                                                                Comment

                                                                                                                                • todservices
                                                                                                                                  Confirmed User
                                                                                                                                  • Mar 2014
                                                                                                                                  • 474
                                                                                                                                  #33
                                                                                                                                  Originally posted by Kittens
                                                                                                                                  There is no truth, you're just a fucking idiot and nobody cares to hear about your stupid fucking shit, go back to the tard yard and spew your nonsense with the rest of the tards.
                                                                                                                                  Are you coming to Internext ?

                                                                                                                                    Comment

                                                                                                                                    • Farang
                                                                                                                                      one sick puppy
                                                                                                                                      • Oct 2004
                                                                                                                                      • 11718
                                                                                                                                      #34
                                                                                                                                      fbm

                                                                                                                                        Comment

                                                                                                                                        • jscott
                                                                                                                                          jscizzle
                                                                                                                                          • Feb 2001
                                                                                                                                          • 25415
                                                                                                                                          #35
                                                                                                                                          If you think tough men are dangerous, wait until you see what weak men are capable of.
                                                                                                                                          - Jordan B. Peterson
                                                                                                                                          Listen to Pomp tell why is Bitcoin important

                                                                                                                                            Comment

                                                                                                                                            • pornmasta
                                                                                                                                              Too lazy to set a custom title
                                                                                                                                              • Jun 2006
                                                                                                                                              • 20019
                                                                                                                                              #36
                                                                                                                                              Originally posted by jscott
                                                                                                                                              Well considering you're not into crypto, why do you think you should have known about a CEO of a crypto trading platform?
                                                                                                                                              His hairstyle

                                                                                                                                                Comment

                                                                                                                                                • pornmasta
                                                                                                                                                  Too lazy to set a custom title
                                                                                                                                                  • Jun 2006
                                                                                                                                                  • 20019
                                                                                                                                                  #37
                                                                                                                                                  https://knowyourmeme.com/memes/event...lison-sex-tape

                                                                                                                                                  Sounds like BS to me

                                                                                                                                                    Comment

                                                                                                                                                    • DVTimes
                                                                                                                                                      xxx
                                                                                                                                                      • Jun 2003
                                                                                                                                                      • 31658
                                                                                                                                                      #38
                                                                                                                                                      XXX

                                                                                                                                                        Comment

                                                                                                                                                        • DVTimes
                                                                                                                                                          xxx
                                                                                                                                                          • Jun 2003
                                                                                                                                                          • 31658
                                                                                                                                                          #39
                                                                                                                                                          XXX

                                                                                                                                                            Comment

                                                                                                                                                            • DVTimes
                                                                                                                                                              xxx
                                                                                                                                                              • Jun 2003
                                                                                                                                                              • 31658
                                                                                                                                                              #40
                                                                                                                                                              XXX

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