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Oops. Sam Bankman-Fried’s implosion took down Democrats’ second-biggest donor with it as the party gears up to regulate crypto
Fortune magazine ^ | STEVE MOLLMAN

Posted on 11/11/2022 11:07:41 PM PST by NoLibZone

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He’s one of those guys that was claiming he was going to give away his entire fortune to the poor and the needy.

He certainly exemplifies the morals ethics of a Democrat, a liberal, and a progressive

1 posted on 11/11/2022 11:07:41 PM PST by NoLibZone
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To: NoLibZone

Rumor is that Tom and Giselle Brady were heavily invested in this.

That’s horrible if true.


2 posted on 11/11/2022 11:12:08 PM PST by Jonty30 (Some men want to see the world burn. It is they that want you to buy an electric car.)
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To: NoLibZone


hope btcoin goes to zero

fake nothing


3 posted on 11/11/2022 11:12:14 PM PST by 867V309 (Lock Her Up)
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To: NoLibZone
The Bernie Madoff of crypto, and everyone knew it. The only reason he lasted so long was his friendship with Gensler and the Democrats.

Another reason not to use non-custodial wallets; not your wallet, not your coins.

It’s great to see SBF’s downfall. Hopefully he’s in handcuffs in a few weeks.

4 posted on 11/11/2022 11:16:13 PM PST by GunRunner
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To: NoLibZone

This crypto positive dude had clown hair and a hyphenated last name. Hyphenated? How gay is this? He is or was a vegan.

The warning lights were on.


5 posted on 11/11/2022 11:23:08 PM PST by dennisw ("You don't have to like it. You just have to do it")
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To: NoLibZone

When Kevin Bacon’s investment in Bernie Madoff went up in smoke, he later admitted that the only asset to his name was his house. He lost everything else.


6 posted on 11/11/2022 11:27:35 PM PST by Jonty30 (Some men want to see the world burn. It is they that want you to buy an electric car.)
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To: NoLibZone

El Salvador got slammed by SBF’s ‘Opps, I F’d up’ moment.

‘El Salvador Loses BIG On Bitcoin Gamble’
https://www.youtube.com/watch?v=8RJ6oOlDeNU


7 posted on 11/12/2022 12:04:06 AM PST by cranked
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To: Jonty30

Stephen Curry of the Golden State Warriors is also rumored to have been invested in this.


8 posted on 11/12/2022 12:12:24 AM PST by Enterprise
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To: NoLibZone
And there's this:

Flash… FTX crypto exchange hacked, $700 million stolen and climbing… Developing

So cry me a river.

9 posted on 11/12/2022 12:17:54 AM PST by Enterprise
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To: Enterprise

Russell Okung is converting half his contract salary into Bitcoin.
https://sports.yahoo.com/russell-okung-will-have-half-his-13-million-salary-paid-in-bitcoin-154406450.html


10 posted on 11/12/2022 12:18:59 AM PST by Jonty30 (Some men want to see the world burn. It is they that want you to buy an electric car.)
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To: Enterprise

I was on shift with a young security guard that was heavily invested in E-currency. I told him to sell while he could buy metals and commodities. He had faith in his product, so I let him be.


11 posted on 11/12/2022 12:26:25 AM PST by Jonty30 (Some men want to see the world burn. It is they that want you to buy an electric car.)
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To: NoLibZone
This thing is something of a spectacular disaster and lots of investors are getting scalded. When it's all over:

I'm hoping that a lot of Democrats and ESG types are ruined. I hope they get seen digging from dumpsters for something to eat.

12 posted on 11/12/2022 12:28:10 AM PST by Enterprise
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To: Jonty30

Ouch. Poor timing.


13 posted on 11/12/2022 12:29:43 AM PST by Enterprise
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To: Jonty30
" I told him to sell while he could buy metals and commodities."

Looks like he's going to continue being a security guard.

14 posted on 11/12/2022 12:31:24 AM PST by Enterprise
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To: Enterprise

Haha, yep.


15 posted on 11/12/2022 12:32:16 AM PST by Jonty30 (Some men want to see the world burn. It is they that want you to buy an electric car.)
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To: NoLibZone

He was paying the democrat party to cover for his crimes.


16 posted on 11/12/2022 1:17:06 AM PST by minnesota_bound (Need more money to buy everything now)
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To: NoLibZone

[Sam Bankman-Fried]

Sam
Bank
man
Fried


17 posted on 11/12/2022 2:01:42 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: GunRunner

[Another reason not to use non-custodial wallets; not your wallet, not your coins.]

I always figured this would happen. At least with a lot of them.


18 posted on 11/12/2022 2:03:56 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: 867V309

[hope bitcoin goes to zero]

They were sure pimping it in a lot of online games I played - on my phone


19 posted on 11/12/2022 2:04:53 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Jonty30

Tom will be ok...he’s already signed a deal with Fox sports when he retires from football, at 30+ million a year.


20 posted on 11/12/2022 2:06:24 AM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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