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  1. #376
    Mr. John Wayne CosmicCowboy's Avatar
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    SBF's problem is he comingled investors funds in FTX with Alameda, his trading "bank". He used FTX investors money to pay for losses at Alameda. Big no no. He will eventually be indicated for fraud.

    As for crypto, I'm glad I only dabbled in it with 10K. I converted back to cash this year and will write down the losses on my taxes this year.

  2. #377
    Savvy Veteran spurraider21's Avatar
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    but guys da blockchainz can be used for medical records and contracts therefore you should scoop up bitcoin and eth!

  3. #378
    Veteran velik_m's Avatar
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  4. #379

  5. #380
    Veteran hater's Avatar
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    Only co.plete re s still have coins in the exchanges


    Took my out months ago. Its in a cold wallet in a safe right now

  6. #381
    i hunt fenced animals clambake's Avatar
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    If u scared dont hold.


    The Network dont give a about ur feelings.
    damn lol

  7. #382
    Veteran hater's Avatar
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    Yup keeping it in cold wallet IS HOLDING. Only differnce is I keep my private key. Noone else

    Dumbo




    If you scared domt hold.


    The network dont give a about your feelings

  8. #383
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    SBF's awful day

    Sam Bankman-Fried has suffered a rough day, directly challenging

    his characterizations of himself as well-meaning but in over his head.


    1. The SEC filed civil charges against him, alleging he "built a house of cards on a foundation of deception" to defraud investors.
    2. The U.S. government filed eight criminal charges — ranging from wire fraud to illegal campaign contributions, alleging that Bankman-Fried's wrongful conduct started as early as 2019.
    3. His successor at FTX told Congress that what he discovered upon taking the helm is "plain, old-fashioned embezzlement."
    4. A lawyer for Bankman-Fried said he is “reviewing the charges with his legal team and considering all of his legal options."


    The bottom line:

    We're looking at "one of the biggest financial frauds in American history,"

    -- AXIOS email

  9. #384
    Alleged Michigander ChumpDumper's Avatar
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    Yup keeping it in cold wallet IS HOLDING. Only differnce is I keep my private key. Noone else

    Dumbo




    If you scared domt hold.


    The network dont give a about your feelings
    How much value have you lost since you bought your last coin?

  10. #385
    The Timeless One Leetonidas's Avatar
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    Glad they finally nailed SBF. Sickening how the media was treating him like he wasn't a criminal stealing billions of dollars from people

  11. #386
    Against Home Schooling Ef-man's Avatar
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    How much value have you lost since you bought your last coin?
    He has at least five Beanie-Babies worth of crypto, people say, bigly.

  12. #387
    Veteran hater's Avatar
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    How much value have you lost since you bought your last coin?
    Nothing


    U only lose if u sell

  13. #388
    Believe. MultiTroll's Avatar
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    This little here is/was 100 in bed with FTX and Fried man.

    Big dog n pony show put on todays as Congress questions him. Phuck a good portion of them are in on it too so don't expect to happen to this SEC Chair Gary Gensler.

    Link:
    Gary Gensler under pressure over FTX debacle | Fortune

    Kinda looks like Mr. Burns too.

  14. #389
    Savvy Veteran spurraider21's Avatar
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  15. #390
    Savvy Veteran spurraider21's Avatar
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    Glad they finally nailed SBF. Sickening how the media was treating him like he wasn't a criminal stealing billions of dollars from people


  16. #391
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    the exchanges and lenders are distressed

    the fake/fraud coins are probably dead

    but lots of coins that have been low for a few months, have not really gone lower

  17. #392
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    FTX hearing: 6 big revelations from House panel questioning


    https://thehill.com/policy/finance/3...el-questioning

  18. #393
    The Timeless One Leetonidas's Avatar
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    What does that chode Elon musk have to do with what I said I didn't say there wasn't an investigation. But this dude should have been getting blasted by the media and he hasn't been

    I also don't have a Twitter and my usage is limited to whatever is posted here or realgm basically

  19. #394
    Veteran GAustex's Avatar
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    Dude is gonna suicide

  20. #395
    Believe. MultiTroll's Avatar
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    Dude is gonna suicide
    Or get Epstein *suicided*?

    SECs extreme corruption....Friedman may get off'd.
    Pretty sure tho the sleazeball Congress will have this be just another dog n pony show. No consequences what so ever.

  21. #396
    Savvy Veteran spurraider21's Avatar
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    What does that chode Elon musk have to do with what I said I didn't say there wasn't an investigation. But this dude should have been getting blasted by the media and he hasn't been

    I also don't have a Twitter and my usage is limited to whatever is posted here or realgm basically
    where is the media treating him with kid gloves. presumably that same media would be up in arms about him being wrongfully arrested/charged

  22. #397
    Veteran hater's Avatar
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    where is the media treating him with kid gloves. presumably that same media would be up in arms about him being wrongfully arrested/charged
    Has this story ever been in cnn or nbc frontpage for 2 days straight???

    Nope


    Thats kid gloves.


    This should be biggest story of end of 2022


    Its bigger than Enron

    Think about that

  23. #398
    Alleged Michigander ChumpDumper's Avatar
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    Nothing


    U only lose if u sell
    That wasn't the question.

    hater folds.

  24. #399
    Savvy Veteran spurraider21's Avatar
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    Has this story ever been in cnn or nbc frontpage for 2 days straight???

    Nope


    Thats kid gloves.


    This should be biggest story of end of 2022


    Its bigger than Enron

    Think about that
    i dont track whats on the front page on a daily basis. but this guy has been one of the most talked about stories for the last month+ that i can think of

  25. #400
    Damns (Given): 0 Blake's Avatar
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    Nothing


    U only lose if u sell
    Lol trying to act cool.

    You either didn't invest or you've lost it. You can't say now you've had it under the bed this whole time

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