“I didn’t steal funds, and I certainly didn’t stash billions away,” he writes in a newly launched Substack. Bankman-Fried is under house arrest at his parents’ home in Palo Alto, California, while awaiting trial. He pleaded not guilty to multiple federal counts of fraud and conspiracy related to the collapse of his crypto empire.
In what he calls a “pre-mortem overview” of FTX’s collapse, Bankman-Fried reiterates claims he made in November after the crypto exchange filed for bankruptcy and before he was arrested. Among the key themes: Some of Bankman-Fried’s claims directly contradict allegations by US prosecutors that FTX customers funds were being siphoned to plug holes at Alameda in violation of FTX’s terms of service.
Interesting to hear SBF's take on the situation. DeFi is supercharging financial freedom, allowing people to access economic opportunities no matter their geography or financial situation. CryptoOn!
Really. Did he say that his parents boarded a boat destined for a 6 month excursion to the Seychelles?
CNN the voice box of criminals. How’s that creating equanimity between Democrats and Republicans going?
He didn’t use customers money to buy crypto, he spent it! Had the customers actually been buying crypto they would be ahead now! Yet he was writing anti-crypto legislation and this fiasco is used against crypto? Is he a CIA PsyOps operative? FTX didn’t buy crypto for customers!
We have a compromised corrupt POTUS and this is your big story? You're as guilty as Biden and his criminal family.
🆘EthnicCleansing ‼️‼️‼️‼️
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How Serious Are Sam Bankman-Fried’s Alleged Campaign-Finance Violations?There have been plenty of cases of individuals trying to illegally conceal their political donations. What makes the Sam Bankman-Fried case different is that the money allegedly wasn’t his to give. Really 🤣🤣🤣🤣🤣🤣🤣 SBF has only been indicted for campaign finance violations to democrats. about? GFY
Source: NewYorker - 🏆 90. / 67 Read more »