Posted on 11/17/2022 8:05:19 AM PST by Enlightened1
Disgraced tech bro Sam Bankman-Fried has sensationally confessed his commitment to ethics was ‘a front’ and he ‘feels bad’ for those who were ‘f***** by it’ - as he blamed his ex-girlfriend for the FTX crisis.
The founder of the failed crypto platform, whose collapse has cost consumers billions of dollars, admitted his efforts to appear moral during the company’s heyday were a ‘dumb game we woke Westerners play’.
He sensationally said blame for the disaster at FTX lay with Alameda Research, the trading firm which he founded in 2017 and was run by his on-off lover, Harry Potter enthusiast Caroline Ellison.
Bankman-Fried, who owned a majority stake in Alameda, installed Ellison, 28, as CEO of the multibillion dollar fund in October 2021 despite her limited professional trading experience.
He appears to accept FTX lent Alameda billions of dollars in clients’ money without their knowledge or permission. The crisis at FTX was triggered when customers rushed to withdraw their funds but the company couldn't pay out.
Bankman-Fried, 30, lived in a $40 million penthouse in the Bahamas, a tax haven, with Ellison in a 10-person 'polycule' made up his inner circle of FTX and Alameda executives.
He made his latest string of sensational comments in a car crash interview with Vox reporter Kelsey Piper.
Serious questions are now being asked of SEC chair Gary Gensler who is facing scrutiny over his relationship with the disgraced crypto wunderkind - and the lack of oversight of the crypto market that Gensler has himself described as the Wild West.
(Excerpt) Read more at dailymail.co.uk ...
Sociopath
Only sorry cause he got caught
Sociopath
Only feels bad because he got caught
This piece of crap is never sorry
Also it took 32 billion dollars to get this pencil arms laid
Pathetic
This guy will be the PERFECT democrat presidential candidate in 10 years! Bankman 2032!
This guy, he seems kind of shady. Not sure I would trust him.
Now put them both in prison for the rest of their lives.
Hopefully they bring him back for prosecution.
Get woke, go broke. Enjoy prison, cupcake.
137 comments at present.
What a spineless schmuck. You are the head honcho, and a fish rots from the head.
So... where did they squander the $32Billion?
“Trust is the foundation of all relationships.”
Taking a look at the pics, it's really gross thinking of these losers having group sex at work but its absolutely terrifying thinking about them reproducing.
Millions of words will be written in weeks and months to come but only one word would suffice for Sam, his girlfriend and his associates and that word is “crooks”.
Shaq and Brady and Giselle will spend millions on lawyers defending themselves for promoting Sam and his pals and they could end up in bankruptcy.
Shaq was good at throwing a ball and so was Brady. That’s all. The investors who invested in this punk Sam because of Shaq or Brady or Giselle deserve to lose their asses.
Millions of words will be written in weeks and months to come but only one word would suffice for Sam, his girlfriend and his associates and that word is “crooks”.
Shaq and Brady and Giselle will spend millions on lawyers defending themselves for promoting Sam and his pals and they could end up in bankruptcy.
Shaq was good at throwing a ball and so was Brady. That’s all. The investors who invested in this punk Sam because of Shaq or Brady or Giselle deserve to lose their asses.
...in other words...your typical, run-of-the-mill...Ponzi scheme?
Sam Bankman-Fried fails to grasp that ethics, which he calls “a dumb game woke Westerners play”, is likely the only thing keeping someone from extracting repayment from him in blood and body parts.
Interesting observation. I wonder if the recent divorce of the Brady's is related to the FTX collapse.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.