but guys da blockchainz can be used for medical records and contracts therefore you should scoop up bitcoin and eth!
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.
but guys da blockchainz can be used for medical records and contracts therefore you should scoop up bitcoin and eth!
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
damn lol
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
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.
- The SEC filed civil charges against him, alleging he "built a house of cards on a foundation of deception" to defraud investors.
- 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.
- His successor at FTX told Congress that what he discovered upon taking the helm is "plain, old-fashioned embezzlement."
- 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
How much value have you lost since you bought your last coin?
Glad they finally nailed SBF. Sickening how the media was treating him like he wasn't a criminal stealing billions of dollars from people
He has at least five Beanie-Babies worth of crypto, people say, bigly.
Nothing
U only lose if u sell
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.
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
FTX hearing: 6 big revelations from House panel questioning
https://thehill.com/policy/finance/3...el-questioning
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
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.
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
That wasn't the question.
hater folds.
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
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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