22:22:22
NO PAIN TRANCE CONTINUE
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Crypto exchange FTX collapses.
- Thread starter jufonuk
- Start date
Maiden Voyage
Gold™ Member
This is fantastic. Thanks for sharing man.
22:22:22
NO PAIN TRANCE CONTINUE
Yes!!! You're welcome! It surely needs commitment though and I favor other sets. But I'm glad you like it.
This puts you in a hypnotic state which lends well to doing stuff like working out or whatever..
Bedouin:
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22:22:22
NO PAIN TRANCE CONTINUE
This puts you in a hypnotic state which lends well to doing stuff like working out
I can't name the hours of steps on a certain stairmaster I've taken listening to this set. Hoodie on vibing knowing full well the elders on the bikes behind me thought I was a crazy person lmao
Those layers
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daveonezero
Banned
Yeah and people are still acting like it’s 2013 and spouting things they don’t understand.
FTX is not crypto it is not a blockchain.
Most cryptos and in turn their blockchains are shitcoins.
BTC is still strong and it’s a good time to get in and learn why it is important.
The familial ties these two characters have is scary in itself.
It makes me think they were just tasked with their positions and someone else is pulling the strings.
The Book Reader
Banned
Basically, don’t invest your money unless you’re willing to lose it. FDIC will protect your every day money. What’s new?
strange headache
Banned
Absolutely staggering how legacy media failed to properly investigate what amounts to be the biggest financial fraud since Enron.
Some choice examples:
www.nytimes.com
Forbes originally ran a puff piece on Caroline Ellison:
They have since changed the title to "fake charity nerd girl".
The WAPO lauded FTX for its philanthropy during the pandemic:
Their previous title was "FTX collapse dooms founder's effort to prevent another pandemic".
Reuters is outright telling us that Sam Bankman-Fried did [the] financial system a favour, because now we get stricter regulations. Well okay then, thanks I guess? What's even worse is that the whole thing is being "investigated" by political functionaries who once were in FTX's pocket. Yet not one single world of this from our esteemed mainstream media.
Some choice examples:
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
Forbes originally ran a puff piece on Caroline Ellison:
They have since changed the title to "fake charity nerd girl".
The WAPO lauded FTX for its philanthropy during the pandemic:
Their previous title was "FTX collapse dooms founder's effort to prevent another pandemic".
Reuters is outright telling us that Sam Bankman-Fried did [the] financial system a favour, because now we get stricter regulations. Well okay then, thanks I guess? What's even worse is that the whole thing is being "investigated" by political functionaries who once were in FTX's pocket. Yet not one single world of this from our esteemed mainstream media.
Wildebeest
Member
So pension funds invested in this BS without any due diligence being done? Crazy.
Dreamin
Member
Pension funds are always getting mauled, they invest in certain stocks then loan out the same stocks to short selling hedgefunds to tank the price. It's all ASSmania.
daveonezero
Banned
Absolutely staggering how legacy media failed to properly investigate what amounts to be the biggest financial fraud since Enron.
Some choice examples:
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
Forbes originally ran a puff piece on Caroline Ellison:
They have since changed the title to "fake charity nerd girl".
The WAPO lauded FTX for its philanthropy during the pandemic:
Their previous title was "FTX collapse dooms founder's effort to prevent another pandemic".
Reuters is outright telling us that Sam Bankman-Fried did [the] financial system a favour, because now we get stricter regulations. Well okay then, thanks I guess? What's even worse is that the whole thing is being "investigated" by political functionaries who once were in FTX's pocket. Yet not one single world of this from our esteemed mainstream media.
it’s essentially altruism. So it’s always justified.
SJRB
Gold Member
There's a special place in hell for pension funds account managers who spent pension funds money on terrible investments.
In fact, if one of those bad investments results in a lower pension for god knows how many people there should be a worldwide law that those investors get executed at the town's square while it's being livestreamed.
Grildon Tundy
Member
Which two characters, Bankman and the CEO or CFO lady? What's their connection?
Grildon Tundy
Member
If I were elite-ly rich, unscrupulously evil, and could get away with it, I'd probably poorly invest pension funds (you know, the future financial security of the plebs) so that it transferred wealth to me. "Oh darn, too bad the pension funds are wiped out from that deal. Thankfully I knew what larger impact that pension fund investment would have on the market and bet against the very move I knew would wipe out those funds!"
EDIT: Don't know the mechanics of how that would work, but I bet there's a way. You know, just hypothetically
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Aesius
Member
How is bitcoin strong? It is down 71% in 1 year.
PSYGN
Member
TheDreadLord
Member
At least it is finite, nothing alike other criptoshit which someone can “create” value out of the blue.
murmulis
Member
Absolutely staggering how legacy media failed to properly investigate what amounts to be the biggest financial fraud since Enron.
Some choice examples:
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
Forbes originally ran a puff piece on Caroline Ellison:
They have since changed the title to "fake charity nerd girl".
The WAPO lauded FTX for its philanthropy during the pandemic:
Their previous title was "FTX collapse dooms founder's effort to prevent another pandemic".
Reuters is outright telling us that Sam Bankman-Fried did [the] financial system a favour, because now we get stricter regulations. Well okay then, thanks I guess? What's even worse is that the whole thing is being "investigated" by political functionaries who once were in FTX's pocket. Yet not one single world of this from our esteemed mainstream media.
I searched for "thief", " theft", "fraud", "scam", "con man", "swindle", "ponzi" in that NY Times article, but got zero results. Why?
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Just wait Btc could easily be 10k in a week.
chromhound
Member
FTX lawyer calls this case 'a different sort of animal' in first bankruptcy hearing
In the first day of the bankruptcy hearing for collapsed crypto exchange FTX, lawyers for the company were able to get the proceedings moved to Delaware.
www.cnbc.com
Irobot82
Member
sweet, I like buying cheaper bitcoin while I can.
daveonezero
Banned
The network. The dollar value doesn’t mean much to the technology or security of the blockchain.
How’s the dollar doing? Didn’t they just print 10 trillion of them in the last few years? That doesn’t do much for a dollars value.
Also it is still at a even for the last two years. If your had it 3 or 5 years you are up in dollar value.
As people have said this isn’t a BTC problem this was an FTX problem.
BTC is just on sale.
Dr.D00p
Member
TransTrender
Gold Member
Imagine a century or two of 'modern business practices' were thrown out the window because a bunch of meth'ed up kids thought they were smarter and better than everyone. Well this is what happens. Somebody is going to murderd, maybe then the IRS will get involved.
MisterFalcon
Member
Murdering the ones who took your crypto is the logical way of dealing with a system designed to be impossible to regulate.
chromhound
Member
Here's the apology letter Sam Bankman-Fried sent to FTX employees: 'When sh---y things happen to us, we all tend to make irrational decisions'
CNBC obtained a letter sent by Sam Bankman-Fried to FTX employees.
www.cnbc.com
chromhound
Member
chromhound
Member
daveonezero
Banned
I’ve been in BTC since 2012….this is what everyone says ever time it drops to a 1 or 2 year low….
Nothing that happens has broke the blockchain or the security of the network. That is the reason it has value.
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chromhound
Member
Dr.D00p
Member
It has no value whatsoever...except to the suckers at the bottom of the Ponzi scheme triangle keeping it going.
Kadve
Member
Granted. That's also true for pretty much every other investment method.
Irobot82
Member
Not hot enough.So, how hot is this homely girl NOW with 200 mill in her pocket?
Grildon Tundy
Member
Worse than the billions lost, FTX's crash also brought "pinning the weasel" into the world. Truly a blemish on this Earth
I tip my fedora to you and your high standards, good sir....
newtypepilot
Member
chromhound
Member
Don't release it please
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diffusionx
Gold Member
Anyone else find the media’s near-silence and total lack of curiosity on this story to be pretty alarming? like I go on Forbes and the lead article is: “Hailey Bieber is out to prove her entrepreneurial chops are more than skin-deep.” This is after a massive currency exchange completely collapsed because the owner was stealing money to funnel a hedge fund pyramid scheme as well as prominent politicians and WEF-style social engineering. I was around during MF Global, Enron, WorldCom, Madoff, and it was headlines daily.
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TransTrender
Gold Member
What a stunning and brave artistic interpretation of this mega brained sly corporate mastermind!
I like mine better. It's closer to reality.
Meth-head weirdo
Hmmmmmmm, let me ponder this.....
I suspect it's really the Ukraine money kickback to FTX then to election stuff, that ought to prompt a WAVE of criminal charges but we can't really discuss it here.
strange headache
Banned
Why isn't SBF in frikkin' jail yet?
Raven117
Member
He isn't in the U.S. Yet.
strange headache
Banned
Are there even criminal charges yet or a warrant?
Raven117
Member
Give it time. I would be surprised if he doesn't end up arrested.
Maiden Voyage
Gold™ Member
Dude will probably suicide by several shots to the back of the head with all the money he lost.
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Raven117
Member
he is going to have a very bad time for quite awhile
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