On Friday, Mark Yusko, the CEO and founder of Morgan Creek Capital Management, told Kitco’s lead anchor and editor-in-chief Michelle Makori that Sam Bankman-Fried was a “pawn.” “They are just pawns in a very large, very elaborate system that was designed to do money laundering,” Yusko told Kitco’s lead anchor. “It is certainly possible that there was an intent by someone to have this be an example set so that regulators could come in and punish the industry,” he added.
Unlike traditional finance, which is typically controlled by large banks and financial institutions, defi is decentralized, meaning that it is not controlled by any single entity. Bitcoin and defi challenges concepts like fiat currency and central planning, Yusko informed the Kitco broadcast host. Yusko and many crypto proponents believe defi offers a number of benefits, including greater accessibility, transparency, and security.
“Who are the arbiters of trust today? Financial institutions, third-party middle people, a $7 trillion industry,” Yusko elaborated. “They would like to not be disrupted by defi and digital assets. It is possible that some group of incumbents might have tried to lobby for regulation to delay, obfuscate or change the course of this disruption.”
Yusko also pointed out that it’s possible “someone above” SBF or Alameda Research’s Caroline Ellison worked to achieve a common goal, at the expense of the crypto industry. “This debacle is a fraud perpetrated by, I believe, someone above the useful idiots. Those two are not playing 10D chess,” the Morgan Creek CEO expounded. “Very large sums of money went to political candidates.
Câu nói này thật sự đáng để suy ngẫm... tương lai chúng ta không bao giờ thấy được... nhưng quá khứ và hiện tại chúng ta đang thấy .. tức là không ai đi theo cách mà người khác mắc phải.. sẽ có con đường tốt hơn để người ta nhìn thấy còn đó là gì thì twitter?
He wasn’t a pawn. He may have not understood or realized all moving parts but he wasn’t just plain ignorant. He was careless and didn’t care about asking questions like any CEO should and would have done
Never in the wildest dream that I could think SBF_FTX is a pawn... carolinecapital maybe...
duh
here with go with the conspiracy theories. Shadowy men in the background pulling all the strings
who knows. It is realy strange looking
He is going to join porn industry now
Nailed it BTCT... bots right now👇
He is still rich so no sympathy from me
Looks likely. He was a ‘friend’ within the crypto space that could be manipulated
He was a willing pawn though.
BTC, bitcoin price on the move. PASS $17100 but $MSTR stuck.. down over 7.5%. Is $MSTR a real BTC Spot ETF.? make no sense. the short sellers holding it down.
A pawn that does not know he is a pawn and he got rugged hard
It's something I have wondered 🤔