Skip to comments.
Crypto billionaire Sam Bankman-Fried blames himself for FTX’s collapse, admits he ‘f---ed up’
Cnbc ^
Posted on 11/10/2022 8:50:33 AM PST by Red in Blue PA
FTX’s Sam Bankman-Fried tweeted Thursday morning that he is “sorry,” admitting that he “f---ed up” and “should have done better.” The post comes as the one-time hero of the crypto sector is begging for billions of dollars to stave off bankruptcy. “I also should have been communicating more very recently,” wrote Bankman-Fried. “Transparently--my hands were tied during the duration of the possible Binance deal; I wasn’t particularly allowed to say much publicly. But of course it’s on me that we ended up there in the first place.”
(Excerpt) Read more at cnbc.com ...
TOPICS: News/Current Events
KEYWORDS: bitcoin; crypto; cryptocurrency; delusionalsystem; ftx; sambankmanfried
This is the clown who bankrolled the dems. Couldn't happen to a nicer guy.
To: Red in Blue PA
Value of FTX went from 32 billion to zero.
Schadenfreude.
2
posted on
11/10/2022 8:51:36 AM PST
by
Red in Blue PA
(You can vote your way into socialism, but you have to shoot your way out.)
To: Red in Blue PA
Honesty is the best policy. Now, compensate your customers.
3
posted on
11/10/2022 8:51:52 AM PST
by
NautiNurse
(There was a 2022 mid-term Red Wave...in Florida! )
To: NautiNurse
4
posted on
11/10/2022 8:54:45 AM PST
by
bankwalker
(Repeal the 19th ...)
To: NautiNurse
5
posted on
11/10/2022 8:56:41 AM PST
by
Red in Blue PA
(You can vote your way into socialism, but you have to shoot your way out.)
To: Red in Blue PA
At least he didn’t blame Trump.
6
posted on
11/10/2022 8:57:28 AM PST
by
blueunicorn6
("A crack shot and a good dancer” )
To: bankwalker
Surely he has hard assets. Somewhere.
7
posted on
11/10/2022 9:00:22 AM PST
by
NautiNurse
(There was a 2022 mid-term Red Wave...in Florida! )
To: Red in Blue PA
Mossad has him back in Israel and they’re probably pulling toenails by now
8
posted on
11/10/2022 9:02:54 AM PST
by
struggle
To: Red in Blue PA
By all means keep using the f bomb so people I care about don’t have to bail you out.
9
posted on
11/10/2022 9:04:27 AM PST
by
momincombatboots
(QEphesians 6... who you are really at war with.)
To: Red in Blue PA
10
posted on
11/10/2022 9:17:15 AM PST
by
cranked
To: Red in Blue PA
Yep. That’s what I’m thinking.
I’m into crypto and thought hard about picking up some FTT a year and a half ago. Good thing I didn’t.
11
posted on
11/10/2022 9:32:37 AM PST
by
FLT-bird
To: Red in Blue PA
He’s got some $$$ stashed somewhere. Watch where he moves to in 6 months or a year.
12
posted on
11/10/2022 9:37:03 AM PST
by
dynachrome
(“We cannot save Ukraine by dooming the US economy.” Rand Paul)
To: Red in Blue PA
13
posted on
11/10/2022 9:41:02 AM PST
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: Red in Blue PA
2nd largest Dem donor, and was still donating while the business was collapsing.
14
posted on
11/10/2022 11:41:15 PM PST
by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson