FTX CEO private plane spotted heading to Argentina this morning.
Posted on 11/12/2022 4:37:46 PM PST by Enterprise
What about the liquid assets? Well, the FT report goes on to notes that until Friday afternoon, Bankman-Fried was looking to sell the $472MM of Robinhood shares, the largest liquid asset listed for FTX Trading, in privately negotiated deals he was arranging on the messaging app Signal, according to an FT source. As a reminder, SBF acquired a 7.6% stake in Robinhood in May, a transaction which delayed (but did not halt) the company's collapse into oblivion. As part of the attempted firesale, Bankman-Fried was entertaining offers at a 20% discount to Robinhood’s VWAP price, or about $9 per share, said an FT source, who ultimately declined to buy due to perceived legal risks.
But what is remarkable, is that the proceeds from the HOOD stock offering would not have gone to the now bankrupt FTX estate to satisfy prepetition claims; instead the Robinhood shares were held by an Antigua and Barbuda entity called Emergent Fidelity, which is personally controlled by Bankman-Fried, according to US securities filings. Emergent Fidelity is not among the entities listed in Friday’s bankruptcy filing.
In other words, SBF - who is most certainly on the run at this moment - was hoping to fill up his personal bank account by dumping his HOOD holdings, while giving FTX creditors the finger.
(Excerpt) Read more at 12ft.io ...
Fried was trying something shady with Robin Hood shares. However, it had the blessing of the Sheriff of Nottingham.
Maybe, but that girl looks so young I wonder if she's had her first period yet.
Only one question needs to be answered.
Did he steal any money from the Clinton’s?
Yes….he’s a dead man walking and the lives of any family members are in jeopardy.
No….he and any members of his family are safe.
The money laundering angle will bring the Democrats down for good. /s/
I doubt that we will ever know how much questionable money the Democrats have received from shady donors, or who was truly the largest donor.
Quite possibly in Argentina as of today.
That’s reasonable.
If he is able to access his funds, then he will be a spectacularly wealthy man in Argentina.
Indeed! Never a smidgen of scandal.
FTX CEO private plane spotted heading to Argentina this morning.
See #30
Or the Bahamas. No one is sure.
LOL - the game is afoot!
Careful of using yiddish words. You’ll be called a racist.
He is/was headquartered in the Bahamas.
I could have used democrats instead of shysters. A distinction without a difference though.
I thought you were joking, until I saw the flight tracker that you posted on #30. Sheesh, America has liars, thieves, and scoundrels coming out of our ears. So much so that we can even farm some out to South America.
As Psalm 19:17 says, 'The wicked shall be turned into hell, and all the nations that forget God'.
Previous flights this month. SADF is Argentina. Setting things up?:
Past Flights
Date Departure Arrival Aircraft Duration
Friday
11-Nov-2022
08:18PM EST
Lynden Pindling Int’l (Nassau) - NAS
06:34AM -03 (+1)
San Fernando - SADF
-
8h 16m
Friday
04-Nov-2022
11:41PM -03
San Fernando - SADF
07:31AM EDT (+1)
Lynden Pindling Int’l (Nassau) - NAS
-
8h 50m
Thursday
03-Nov-2022
First seen at 05:26PM -03
near Neuquen, Argentina
06:44PM -03 (?)
San Fernando - SADF
-
1h 18m
Thursday
03-Nov-2022
07:36AM -03
San Fernando - SADF
09:10AM -03
Cutral Co - CUT
-
1h 34m
Just tweaking you about the term
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