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Sam Bankman-Fried secretly transferred $2.2bn from FTX to his personal account and five members of his inner circle took $1bn more before crypto exchange collapsed,
FOR MAILONLINE ^ | 16 March 2023 | MIRIAM KUEPPER

Posted on 03/16/2023 5:36:35 AM PDT by dennisw

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To: BobL

Democrats are lawless because Republicans are ball-less.


21 posted on 03/16/2023 6:52:18 AM PDT by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: dennisw

He should go to jail for many years. Probably won’t - democrats will rush to his aid.


22 posted on 03/16/2023 6:54:32 AM PDT by I want the USA back (News media and democrats are pond scum. My pronouns: Haha, heehee, hoho, hoo hoo. )
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To: realcleanguy
"Maxine Waters paraded this guy around DC like he was the 2nd coming of Christ. I wonder who she feels now?"

Please. Maxine Waters is far too stupid to have any sort of self-awareness whatsoever. She's basically the brain of a cow, in a dress/pantsuit.

23 posted on 03/16/2023 7:05:23 AM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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To: dennisw

But I thought crypto was fail-safe?


24 posted on 03/16/2023 7:19:52 AM PDT by TheElectionWasStolen
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To: dennisw

Were their accounts in Silicon Valley Bank?

Maybe that explains the bank run?


25 posted on 03/16/2023 7:29:29 AM PDT by zeestephen (43,000)
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To: dennisw

This little rat-faced nerd needs a long prison sentence.


26 posted on 03/16/2023 7:31:29 AM PDT by Levy78 (Reject modernity, embrace tradition. )
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To: Jolla
Re: "Why do journalists write the same thing 4 times in the title and first 5 sentences of their article?"

Because today the journalist is probably a software program.

Fifty years ago, newsrooms had perfectionist copy editors who labored over every word and punctuation in the headline and the first paragraph.

27 posted on 03/16/2023 7:44:08 AM PDT by zeestephen (43,000)
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To: dennisw

FTX was his personnel slush fund


28 posted on 03/16/2023 7:44:52 AM PDT by butlerweave
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To: dennisw

I think Sam Bankman is turning into the next Charles Keating (of the Lincoln Savings & Loan scandal). And like Keating, he will die in prison. I just wonder if he will take down some corrupt US senators with him.


29 posted on 03/16/2023 7:53:19 AM PDT by yefragetuwrabrumuy ("All he had was a handgun. Why did you think that was a threat?" --Rittenhouse Prosecutor)
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To: dennisw

SOOOOOOOOOOOOO-—What bank did those ‘deposits’ go into?

OR did they stay CRYPTO???


30 posted on 03/16/2023 8:39:56 AM PDT by ridesthemiles
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To: BobL

Bankruptcy judge has ordered ALL those donations to be returned.


31 posted on 03/16/2023 8:41:12 AM PDT by ridesthemiles
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To: Sicon

Her husband owns banks & SHE is the Head of the BANKING COMMITTEE????


32 posted on 03/16/2023 8:42:07 AM PDT by ridesthemiles
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To: dennisw

Just like the Silicon Valley Bank. Insiders withdrew their money before the collapse.


33 posted on 03/16/2023 9:14:44 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: Colo9250

“...the only money Banks should have belongs to depositors. Right?”

If that were true, banks would be non-profits, but they are not.


34 posted on 03/16/2023 1:53:04 PM PDT by Boogieman
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