Bankman-Fried also said that he was only talking about FTX International, which did not serve U.S. citizens.The U.S. exchange's "funds and customers were segregated from FTX International" and it had $350 million in cash on hand above and beyond funds belonging to customers, he said. "It's ridiculous that FTX US users haven't been made whole and gotten their funds back yet.
He then noted how much other crypto companies and assets lost: Coinbase and Robinhood shares about 85%; Bitcoin and Ether more than 60% each. "As part of Binance's exit from FTX equity last year, Binance received roughly $2.1 billion USD equivalent in cash . Due to recent revelations that have came to light, we have decided to liquidate any remaining FTT on our books."
Those were loans that, Justice Department prosecutors have alleged, consisted of FTX customers' funds that the exchange had no right to lend out to anyone — especially its sister company.Bankman-Fried closed out the post by repeating old claims that the leadership team brought in to oversee FTX Group's bankruptcy stopped him from saving the companies.
Because he hasn’t had to experience any loss yet. He’s been enabled all his life.
20 years hard labor should do.
guyz be carefull Indian exchange coindcx they are not bringing volume on their exchange in bullrun and also not increasing price when market goes up huge diffrences in prices nd give us lame excuses all tym BE CAREFULL WITH THIS INDIAN EXCHANGE smtgpt nrjkhandelwal CoinDCX
tl:dr scammer
В пример другим, посадите его уже на 115 лет в тюрьму!
Imagine this as a black man , this won’t be going this way … SMH 🤦🏻♂️
Pretty sure the market didn't ask for a back door into Alameda....
disgusting person...and no resposibility anymore
This dude, who has been full of shit for years, probably has managed to be like this half his life, and as he refuses to take any responsibility, I begin to think he may be so narcissistic he really believes he shouldn’t take the blame.
Well... just the 250 million bail raises some doubts...
TLDR: BANKBOY HAS DECLARED WAR AGAINST CZ, THE DEV AND HONOR.
SBF_FTX__parody You need to get and listen to legitimate criminal legal advice. The more you talk the more guilty you sound. Good strategy if your going for nullification though.
Ha ha har explain until you gets your next life, hope dulls will forgive you ........forever...
Did they stretch it enough for you in jail
we remember
What Nonsense! Only the initiators, creators and actors in FTX and Alameda, involved from the very beginning have to be blamed, because they have been fully aware and lost relation to reality.
In SBF 'defense' (i would send him straight to the gulag), the did found roughly 5B in assets and liquidity (roughly 30% of the estimated money 'lost'). Ask any big bank or insurance company if they could cover 30% of there exposure. Capitalism would collapse in a heartbeat
Really interesting, but now give me back my Money dear SBF
Yeah let's blame him, that solves the all.👏
sure, everyone else is fault for his shady games, throw him to jail already or chop his hands off, or I dont know, use your imagination and hurt him somehow 😃 lets make example of him
Sounds like prince Harry!!!
We need the stick in the bicycle meme for this as a thumbnail…
Nice, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
Brilliant, but using ChiefraFba for signals and analysis
How about the things Caroline admitted they did that they should not have done?