Between $1 billion and $2 billion of FTX customer funds have disappeared, SBF had a secret 'back door' to transfer billions

This is a disaster…..

———-

https://www.cnbc.com/amp/2022/11/12/1-billion-to-…

  • Reuters reports that at least $1 billion worth of customer funds have vanished from the failed crypto exchange.
  • Two sources familiar with the matter told Reuters that ex-CEO Sam Bankman-Fried transferred $10 billion of customer funds from FTX to the digital asset trading house, Alameda Research.
11 Comments
 

Wowwwww

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

I tried posting about this guy's connections to the US government, particularly the Democrat party, yesterday and my thread in the crypto forum that had maybe 1 comment got taken down. I then tried posting a thread in Off Topic specifically regarding the takedown and mods stuck that over in the crypto forum. The censorship is getting disgustingly out of hand. 

Edit: this comment got undeleted, nice.

A Comprehensive Breakdown & Discussion Regarding The Near Instantaneous Collapse Of FTX

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

This clown really said he has the desire to donate "north of $100 million" for the next presidential election Lmfao

+1 for the censorship concerns 

 

$100m-$1b, and would you look at that my other comment got removed by the mods now. Whoever the new blood WSO hired to mod is trigger happy as fuck. 

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 
PrivateTechquity 🚀GME+BBBY🚀

I tried posting about this guy's connections to the US government, particularly the Democrat party, yesterday and my thread in the crypto forum that had maybe 1 comment got taken down. I then tried posting a thread in Off Topic specifically regarding the takedown and mods stuck that over in the crypto forum. The censorship is getting disgustingly out of hand. 

Edit: this comment got undeleted, nice.

A Comprehensive Breakdown & Discussion Regarding The Near Instantaneous Collapse Of FTX

Thanks for posting this. I watched those videos last night. Eye opening. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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