Page 1 of 2 12 LastLast
Results 1 to 20 of 524

Thread: Major crypto exchange FTX is about to collapse

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Plutonium simpdog's Avatar
    Reputation
    1961
    Join Date
    May 2012
    Posts
    10,569
    Load Metric
    67447110

    Major crypto exchange FTX is about to collapse


     
    Comments
      
      Sanlmar: generational opportunity. hodl

  2. #2
    Plutonium Sanlmar's Avatar
    Reputation
    4312
    Join Date
    Mar 2013
    Posts
    21,177
    Load Metric
    67447110
    ETH drilled $1300 Simpdog

    Nordstroms is hiring holiday fragrance girls. You’ll bounce back

  3. #3
    Plutonium sonatine's Avatar
    Reputation
    7376
    Join Date
    Mar 2012
    Posts
    33,417
    Load Metric
    67447110
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  4. #4
    Owner Dan Druff's Avatar
    Reputation
    10137
    Join Date
    Mar 2012
    Posts
    54,746
    Blog Entries
    2
    Load Metric
    67447110
    Haralabob is offering people the opportunity to buy his buddy's $1m account on FTX for 93%.


    1 milly of FTX for the bargain price of $930,000 y'all!!!!!!!

  5. #5
    Silver
    Reputation
    122
    Join Date
    Oct 2022
    Posts
    503
    Load Metric
    67447110
    Quote Originally Posted by Dan Druff View Post
    Haralabob is offering people the opportunity to buy his buddy's $1m account on FTX for 93%.


    1 milly of FTX for the bargain price of $930,000 y'all!!!!!!!
    Was that tweet made before it immediately dropped 75%?

  6. #6
    Plutonium simpdog's Avatar
    Reputation
    1961
    Join Date
    May 2012
    Posts
    10,569
    Load Metric
    67447110


    Interesting conspiracy theory that Binance played a part in all of this.

    Click link and read whole thread.

  7. #7
    Master of Props Daly's Avatar
    Reputation
    2681
    Join Date
    Mar 2013
    Posts
    10,333
    Load Metric
    67447110
    Quote Originally Posted by Dan Druff View Post
    Gox was crashing again, hitting a low of $479.92 -- a level not seen since mid-November.

    It finally stopped and recovered to $512.

    The other BTC exchanges are holding steady around $650 despite this.


    I mean “zoom out”

  8. #8
    Plutonium sonatine's Avatar
    Reputation
    7376
    Join Date
    Mar 2012
    Posts
    33,417
    Load Metric
    67447110
    again to the 'was there an actual crime committed here' point; the bahamian securities police still cant find cause to arrest anyone.


    https://twitter.com/BloombergTV/status/1592218357188665350


    running a lolfund shittily is apparently not illegal.

    that said... lotta time on the clock still and sbf aint going anywhere.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  9. #9
    Master of Props Daly's Avatar
    Reputation
    2681
    Join Date
    Mar 2013
    Posts
    10,333
    Load Metric
    67447110
    I mean nobody went to jail for 2008.

    I cant imagine some of these guys dont fry for this. The fact that they gave so much $$ to political people is probably going to help though. Not like any of them want to give the $$ back.

  10. #10
    Plutonium sonatine's Avatar
    Reputation
    7376
    Join Date
    Mar 2012
    Posts
    33,417
    Load Metric
    67447110
    Quote Originally Posted by Daly View Post
    I mean nobody went to jail for 2008.

    I cant imagine some of these guys dont fry for this. The fact that they gave so much $$ to political people is probably going to help though. Not like any of them want to give the $$ back.
    theres a rumor going around that the fbi reached out to the doj about this and the doj were literally like shrug city if you can find a crime for us to prosecute, let us know.

    whats interesting tho, and this is pointed out by citrus research (in a post about why they are net short eth), is that major political donors receive _extremely_ heavy scrutiny/vetting, and citrus wants to know why the fbi didnt do 5 fucking minutes of due diligence on ftx when thats how long it took citrus to sniff out bullshit.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  11. #11
    Plutonium sonatine's Avatar
    Reputation
    7376
    Join Date
    Mar 2012
    Posts
    33,417
    Load Metric
    67447110
    hack is north korea -125 -> +525


    the hacker literally sent funds to his kraken account and doxed himself. kraken is sitting on the ID but apparently has made it.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  12. #12
    Plutonium sonatine's Avatar
    Reputation
    7376
    Join Date
    Mar 2012
    Posts
    33,417
    Load Metric
    67447110
    Name:  Screen Shot 2022-11-14 at 5.01.26 PM.png
Views: 328
Size:  193.0 KB

    this is so irritating... hes exploiting the twitter deleted tweet recording bot by deleting incriminating tweets as he ads each one of these nonsense tweets.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  13. #13
    Plutonium sonatine's Avatar
    Reputation
    7376
    Join Date
    Mar 2012
    Posts
    33,417
    Load Metric
    67447110

    SBF is not doing great and very much on donkdown watch

    SBF is not doing great and very much on donkdown watch

    He was rushed to hospital just now according to bahamian press
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  14. #14
    Platinum devidee's Avatar
    Reputation
    1172
    Join Date
    Mar 2012
    Posts
    4,591
    Load Metric
    67447110
    SBF didn’t kill himself.

  15. #15
    Bronze Buck Nasty's Avatar
    Reputation
    75
    Join Date
    Aug 2012
    Posts
    278
    Load Metric
    67447110
    Could be due to all the unwanted meat entering his body: https://www.dailymail.co.uk/news/art...nied-bail.html

  16. #16
    Owner Dan Druff's Avatar
    Reputation
    10137
    Join Date
    Mar 2012
    Posts
    54,746
    Blog Entries
    2
    Load Metric
    67447110
    Possible it's an anxiety attack, but yeah if he dies, this will be like the Epstein conspiracies on steroids.

     
    Comments
      
      devidee: It’s pronounced spoiler alert.

  17. #17
    Plutonium Sanlmar's Avatar
    Reputation
    4312
    Join Date
    Mar 2013
    Posts
    21,177
    Load Metric
    67447110
    Autism Capital says SBF signed papers and he’s coming home.

    Musk can not cancel Autism Capital

  18. #18
    Platinum BetCheckBet's Avatar
    Reputation
    931
    Join Date
    Mar 2012
    Posts
    4,656
    Load Metric
    67447110


    For Garrett

  19. #19
    Owner Dan Druff's Avatar
    Reputation
    10137
    Join Date
    Mar 2012
    Posts
    54,746
    Blog Entries
    2
    Load Metric
    67447110
    Caroline Ellison's plea agreement: https://www.documentcloud.org/docume...ss-on-the-case

    As already mentioned, she faces "up to" 110 years in prison. However, she won't get anywhere near that. Clearly her lawyers negotiated something before she flew in to New York to face the music, which was contingent upon her cooperation in the case against SBF.

    The plea agreement itself requires her to basically give up all documents and everything she knows about crimes committed.

    Factoring in her cooperation, her lack of criminal history, and her female gender, and it's not going to be too stiff of a sentence. I'm guessing they give her something like 10 years, with the goal being to lock SBF away for life.

  20. #20
    Silver
    Reputation
    122
    Join Date
    Oct 2022
    Posts
    503
    Load Metric
    67447110
    Quote Originally Posted by Dan Druff View Post
    Caroline Ellison's plea agreement: https://www.documentcloud.org/docume...ss-on-the-case

    As already mentioned, she faces "up to" 110 years in prison. However, she won't get anywhere near that. Clearly her lawyers negotiated something before she flew in to New York to face the music, which was contingent upon her cooperation in the case against SBF.

    The plea agreement itself requires her to basically give up all documents and everything she knows about crimes committed.

    Factoring in her cooperation, her lack of criminal history, and her female gender, and it's not going to be too stiff of a sentence. I'm guessing they give her something like 10 years, with the goal being to lock SBF away for life.
    I had a friend who got into trouble with financial crimes. They threatened him with 20 different counts of violations and a penalty of 5 years for each count. He did a plea deal and they dropped 19 counts and he got 5 years. The Feds like to scare people with those big numbers. Caroline is a first time offender, I would bet she gets 5 years.

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (1 members and 1 guests)

  1. Orko

Similar Threads

  1. Ultimate Bet Scandal Lawyer Daniel Friedberg at Centre of FTX Crypto Crash
    By Matt The Rat in forum Scams, Scandals, and Shadiness
    Replies: 4
    Last Post: 11-15-2022, 06:14 AM
  2. Declaring My Economics Major - (BA or BS?)
    By Neverheeb in forum Flying Stupidity
    Replies: 14
    Last Post: 10-20-2019, 10:24 PM
  3. Will Tiger win another major ?
    By tyde in forum Flying Stupidity
    Replies: 64
    Last Post: 04-16-2019, 07:53 AM
  4. Major glitch in Madden 17
    By ftpjesus in forum Flying Stupidity
    Replies: 5
    Last Post: 08-27-2016, 10:14 PM
  5. Replies: 17
    Last Post: 11-30-2014, 02:33 PM