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$FTT or the token behind one of the biggest financial crimes in history.
It was a scam, and a big one. This isn't speculation; it's a fact confirmed by the American justice system.
The FTT was the token of the FTX exchange, founded by Sam Bankman-Fried, known as SBF. In January 2022, the company was valued at $32 billion. It had celebrities as ambassadors, sponsored sports arenas, and was seen as the future of digital finance.
Behind this facade, SBF orchestrated a scheme to siphon client funds from FTX to Alameda Research, his private hedge fund, while raising over $1.8 billion from investors.
Source: CoinMarketCap
The collapse began in November 2022 when CoinDesk published an article revealing that Alameda Research held a disproportionate amount of FTT tokens. This triggered a bank run on FTX that the exchange couldn't honor. Source: CoinMarketCap
Sam Bankman-Fried was convicted and sentenced to 25 years in prison. Billions in client funds evaporated. The FTT crashed from $80 to nearly zero in days. CoinMarketCap
So why does the token still exist and is climbing today?
Because in the crypto market, memory is short and speculation is eternal. The FTT still has liquidity, it's still trading on Binance, and whenever the market heats up, there are folks betting on a comeback narrative.
The token rose 31% today. This is real. But anyone buying FTT needs to understand what they're getting into. It's not a project with a future. It's an orphan token from a failed company whose founder is locked up for fraud.
Pure speculation. No fundamentals. No project. No team.
#FTT #SBF #CryptoHistory #BinanceSquare #golpe
It was a scam, and a big one. This isn't speculation; it's a fact confirmed by the American justice system.
The FTT was the token of the FTX exchange, founded by Sam Bankman-Fried, known as SBF. In January 2022, the company was valued at $32 billion. It had celebrities as ambassadors, sponsored sports arenas, and was seen as the future of digital finance.
Behind this facade, SBF orchestrated a scheme to siphon client funds from FTX to Alameda Research, his private hedge fund, while raising over $1.8 billion from investors.
Source: CoinMarketCap
The collapse began in November 2022 when CoinDesk published an article revealing that Alameda Research held a disproportionate amount of FTT tokens. This triggered a bank run on FTX that the exchange couldn't honor. Source: CoinMarketCap
Sam Bankman-Fried was convicted and sentenced to 25 years in prison. Billions in client funds evaporated. The FTT crashed from $80 to nearly zero in days. CoinMarketCap
So why does the token still exist and is climbing today?
Because in the crypto market, memory is short and speculation is eternal. The FTT still has liquidity, it's still trading on Binance, and whenever the market heats up, there are folks betting on a comeback narrative.
The token rose 31% today. This is real. But anyone buying FTT needs to understand what they're getting into. It's not a project with a future. It's an orphan token from a failed company whose founder is locked up for fraud.
Pure speculation. No fundamentals. No project. No team.
#FTT #SBF #CryptoHistory #BinanceSquare #golpe
⚖️ GAME OVER! JUDGE SLAMS SBF: "WILDLY CONSPIRATORIAL!" 🚫👨⚖️
💥 THE VERDICT:
Judge officially REJECTED Sam Bankman-Fried's request for a new trial! 📜❌
No second chance, the verdict stands final!
🔥 THE BURN:
The judge didn't just say no... he DESTROYED his arguments! 🔥
Called his excuses "wildly conspiratorial" and completely baseless! 🤡
Slammed him for making up nonsense theories and exaggerating facts.
🔒 THE RESULT:
- Appeal DENIED ✅
- Conviction stands firm 🪧
- Prison time is inevitable now 🔐
He tried to play the victim, but the court saw right through it! ⚖️💯
$FTT $SOL
#SBF #FTX #Court #Justice
💥 THE VERDICT:
Judge officially REJECTED Sam Bankman-Fried's request for a new trial! 📜❌
No second chance, the verdict stands final!
🔥 THE BURN:
The judge didn't just say no... he DESTROYED his arguments! 🔥
Called his excuses "wildly conspiratorial" and completely baseless! 🤡
Slammed him for making up nonsense theories and exaggerating facts.
🔒 THE RESULT:
- Appeal DENIED ✅
- Conviction stands firm 🪧
- Prison time is inevitable now 🔐
He tried to play the victim, but the court saw right through it! ⚖️💯
$FTT $SOL
#SBF #FTX #Court #Justice
大风起兮币飞扬:
FTT彻底宣判死币一枚了
🚨 JUST IN: Sam Bankman-Fried takes another legal hit 👀
Judge Lewis Kaplan denied the retrial request, labeling the claims as "overinflated conspiracy theories" aiming solely to salvage his reputation 🔥
📊 This strengthens the court's position against the former FTX founder
It confirms the ongoing fallout from one of the biggest crypto crises ⚠️
#Crypto #FTX #SBF #Bitcoin #Markets
Judge Lewis Kaplan denied the retrial request, labeling the claims as "overinflated conspiracy theories" aiming solely to salvage his reputation 🔥
📊 This strengthens the court's position against the former FTX founder
It confirms the ongoing fallout from one of the biggest crypto crises ⚠️
#Crypto #FTX #SBF #Bitcoin #Markets
Sam Bankman-Fried sentenced to 25 years in prison for fraud, marking his downfall. 👀👨🏻🏭
The recent saga of Sam Bankman-Fried, the former CEO of FTX, has sent shockwaves through the cryptocurrency world. Bankman-Fried's downfall, marked by a 25-year prison sentence for fraud and conspiracy, sheds light on the dangers of unchecked ambition and moral ambiguity in the pursuit of wealth. As the dust settles on his trial, important lessons emerge for both industry insiders and investors alike.
Bankman-Fried's conviction on seven counts of fraud and conspiracy and the subsequent harsh sentencing of 25 years in prison underscore the severity of his crimes and their impact on victims.
The courtroom drama revealed contrasting portrayals of Bankman-Fried's character and motivations, with the defense emphasizing his good intentions and logical thinking, while the prosecution painted him as a calculating opportunist. However, the judge ultimately found his testimony lacking in sincerity.
While Bankman-Fried expressed concern for customers awaiting refunds, his evasiveness drew criticism from the judge. Additionally, victims voiced dissatisfaction with the proposed payments from the bankruptcy estate, further highlighting the fallout from FTX's collapse.
Bankman-Fried's journey from mogul to convict serves as a stark reminder of the risks of financial misconduct. The cryptocurrency community must prioritize integrity and responsibility to prevent similar outcomes in the future. Transparency, ethics, and regulatory oversight are crucial for maintaining trust and stability in digital finance.
Bankman-Fried's downfall serves as a cautionary tale for the cryptocurrency industry, emphasizing the need for diligence and adherence to the law.
Transparency, integrity, and ethical leadership are essential for fostering trust in digital finance. Regulatory oversight and accountability play pivotal roles in safeguarding investors and ensuring the stability of the ecosystem.
#sbf #ftx #ftt #sec
The recent saga of Sam Bankman-Fried, the former CEO of FTX, has sent shockwaves through the cryptocurrency world. Bankman-Fried's downfall, marked by a 25-year prison sentence for fraud and conspiracy, sheds light on the dangers of unchecked ambition and moral ambiguity in the pursuit of wealth. As the dust settles on his trial, important lessons emerge for both industry insiders and investors alike.
Bankman-Fried's conviction on seven counts of fraud and conspiracy and the subsequent harsh sentencing of 25 years in prison underscore the severity of his crimes and their impact on victims.
The courtroom drama revealed contrasting portrayals of Bankman-Fried's character and motivations, with the defense emphasizing his good intentions and logical thinking, while the prosecution painted him as a calculating opportunist. However, the judge ultimately found his testimony lacking in sincerity.
While Bankman-Fried expressed concern for customers awaiting refunds, his evasiveness drew criticism from the judge. Additionally, victims voiced dissatisfaction with the proposed payments from the bankruptcy estate, further highlighting the fallout from FTX's collapse.
Bankman-Fried's journey from mogul to convict serves as a stark reminder of the risks of financial misconduct. The cryptocurrency community must prioritize integrity and responsibility to prevent similar outcomes in the future. Transparency, ethics, and regulatory oversight are crucial for maintaining trust and stability in digital finance.
Bankman-Fried's downfall serves as a cautionary tale for the cryptocurrency industry, emphasizing the need for diligence and adherence to the law.
Transparency, integrity, and ethical leadership are essential for fostering trust in digital finance. Regulatory oversight and accountability play pivotal roles in safeguarding investors and ensuring the stability of the ecosystem.
#sbf #ftx #ftt #sec
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🔴 Sam Bankman-Fried has landed in one of California's toughest prisons
• Former FTX CEO Sam Bankman-Fried has been sent to a medium-security prison near Victorville — known for its harshness.
• The facility has a reputation as one of the most dangerous: long sentences, strict rules, and harsh conditions of confinement.
• Following the collapse of FTX and Sam's sentencing — this may be the final chapter of one of the largest crypto dramas.
When you were managing billions and now share a cell in the desert — the fall may be silent, but it is palpable.
📢 You're not a trader if you hear about everything last. Subscribe 🔔
#SBF #FTX #crypto #prison #USA
• Former FTX CEO Sam Bankman-Fried has been sent to a medium-security prison near Victorville — known for its harshness.
• The facility has a reputation as one of the most dangerous: long sentences, strict rules, and harsh conditions of confinement.
• Following the collapse of FTX and Sam's sentencing — this may be the final chapter of one of the largest crypto dramas.
When you were managing billions and now share a cell in the desert — the fall may be silent, but it is palpable.
📢 You're not a trader if you hear about everything last. Subscribe 🔔
#SBF #FTX #crypto #prison #USA
💥🏦 The Crypto Kid Who Ran a $40B Exchange (and Lost It All) 🏦💥$BTC
Meet Sam Bankman-Fried (SBF) — once called the “Crypto Genius”.$ETH
In just a few years, he built FTX Exchange, which was worth over $40 BILLION 🚀.
👉 He became one of the richest young billionaires in the world.
👉 Celebrities, athletes, and politicians backed him.
👉 People trusted him with their life savings.
But in 2022, everything collapsed 💀.
FTX was exposed for misusing customer funds, leading to one of the biggest crashes in crypto history.
Billions vanished overnight, and SBF went from billionaire to behind bars.
🔥 Lesson:
Not all “genius founders” can be trusted.
Always do your own research (DYOR).
In crypto, transparency and self-custody matter most.
👉 Question: Do you think the FTX collapse made crypto stronger by exposing fraud, or did it damage trust forever? 🤔
#CryptoStories #Ftx❓ #SBF . #CryptoCollapse #BinanceSquare
$DIA
Meet Sam Bankman-Fried (SBF) — once called the “Crypto Genius”.$ETH
In just a few years, he built FTX Exchange, which was worth over $40 BILLION 🚀.
👉 He became one of the richest young billionaires in the world.
👉 Celebrities, athletes, and politicians backed him.
👉 People trusted him with their life savings.
But in 2022, everything collapsed 💀.
FTX was exposed for misusing customer funds, leading to one of the biggest crashes in crypto history.
Billions vanished overnight, and SBF went from billionaire to behind bars.
🔥 Lesson:
Not all “genius founders” can be trusted.
Always do your own research (DYOR).
In crypto, transparency and self-custody matter most.
👉 Question: Do you think the FTX collapse made crypto stronger by exposing fraud, or did it damage trust forever? 🤔
#CryptoStories #Ftx❓ #SBF . #CryptoCollapse #BinanceSquare
$DIA
Even behind bars, Sam Bankman-Fried is keeping the crypto meme culture alive — tweeting the classic “gm” from prison. 🫠
Some call it trolling, others think it’s a signal he’s not fading away. With CZ launching $ASTER and the market heating up, people are asking:
👉 Is this defiance?
👉 A comeback hint?
👉 Or just SBF reminding us he’s still here?
One thing is clear: crypto runs on memes, and SBF knows how to keep the spotlight. 🔥
#SBF #cryptouniverseofficial #BinanceHODLerHEMI #AltcoinStrategicReserves #crypronews
Some call it trolling, others think it’s a signal he’s not fading away. With CZ launching $ASTER and the market heating up, people are asking:
👉 Is this defiance?
👉 A comeback hint?
👉 Or just SBF reminding us he’s still here?
One thing is clear: crypto runs on memes, and SBF knows how to keep the spotlight. 🔥
#SBF #cryptouniverseofficial #BinanceHODLerHEMI #AltcoinStrategicReserves #crypronews
$XRP 80% profits off the table at 0.65 as previously said. Now the remaining 20% will keep running. Can't risk big profits gotta secure them first.
Now we ride it with zero risk to the valhela. Only risk is $BTC going down if btc doesn't puke we have a very high probability of going hers and meeting all the targets.
Follow for more.
#xrp #sbf #BTC #sol #tia
Now we ride it with zero risk to the valhela. Only risk is $BTC going down if btc doesn't puke we have a very high probability of going hers and meeting all the targets.
Follow for more.
#xrp #sbf #BTC #sol #tia
crypto_jogi
·
--
BullishWe have hit our first resistance for $XRP and are now trying to recover from it. As soon it breaks 0.6346 I will take 80% profits put and let the rest run with the stop-loss being moved to even.
Best thing to secure profits.
Follow for more such amazing calls.
#BTC #sol #xrp #Meme #sbf
Best thing to secure profits.
Follow for more such amazing calls.
#BTC #sol #xrp #Meme #sbf
⚡️#SBF sent to solitary confinement for the interview, as it did not receive approval from the administration.
SBF stated in interview #Такеру to Carlson that one of the reasons he received a harsh prison sentence was that he had gotten close to the Republican Party ahead of his arrest
#SBF #SEC
$BTC $ETH
$BNB
SBF stated in interview #Такеру to Carlson that one of the reasons he received a harsh prison sentence was that he had gotten close to the Republican Party ahead of his arrest
#SBF #SEC
$BTC $ETH
$BNB
Elon Musk's Tweet Raises Questions from XRP and SHIB Armies
Innovative tech billionaire Elon Musk’s recent tweet has caught the attention of XRP and SHIB users as they supported his new upcoming X app update
Tech tycoon Elon Musk, owner of the popular social media platform X (formerly referred to as Twitter) has shown the community “Early version of video & audio calling on 𝕏”. Doing this, he quoted a tweet of user calling himself “Dogecoin designer”, who posted the step-by-step guidance of how to conduct audia and video calls on the X app.
Multiple X accounts responded to that tweet of Musk and among them were several major SHIB and XRP-themed accounts.
The official marketing expert of the Shiba Inu team, who calls herself Lucie, posted an animated GIF featuring a SHIB dog using a banana as a telephone and saying: “Bring ring ring ring ring”.
Major XRP-themed account @XRPcryptowolf asked a question that he has been trying to get Musk to answer recently: “When is X accepting XRP payments?” This X user has many times likened the logo of the X app to that of XRP, thus justifying the potential (albeit unrealistic, it seems, since Musk prefers Dogecoin) prospect of X adopting this cryptocurrency for internal payment. Overall, the community expressed enthusiasm regarding the novelties that Musk plans to introduce on the X app soon, thus expanding its utility and making a step closer to the ultimate “Everything app”, which he wants to turn X into in the near future.
#BTC #xrp #SHIB #pol #sbf
Innovative tech billionaire Elon Musk’s recent tweet has caught the attention of XRP and SHIB users as they supported his new upcoming X app update
Tech tycoon Elon Musk, owner of the popular social media platform X (formerly referred to as Twitter) has shown the community “Early version of video & audio calling on 𝕏”. Doing this, he quoted a tweet of user calling himself “Dogecoin designer”, who posted the step-by-step guidance of how to conduct audia and video calls on the X app.
Multiple X accounts responded to that tweet of Musk and among them were several major SHIB and XRP-themed accounts.
The official marketing expert of the Shiba Inu team, who calls herself Lucie, posted an animated GIF featuring a SHIB dog using a banana as a telephone and saying: “Bring ring ring ring ring”.
Major XRP-themed account @XRPcryptowolf asked a question that he has been trying to get Musk to answer recently: “When is X accepting XRP payments?” This X user has many times likened the logo of the X app to that of XRP, thus justifying the potential (albeit unrealistic, it seems, since Musk prefers Dogecoin) prospect of X adopting this cryptocurrency for internal payment. Overall, the community expressed enthusiasm regarding the novelties that Musk plans to introduce on the X app soon, thus expanding its utility and making a step closer to the ultimate “Everything app”, which he wants to turn X into in the near future.
#BTC #xrp #SHIB #pol #sbf
Biden Pardon Rumors: Elon Musk Has Something to Say About It
An influential crypto voice on X, WallStreetMav, commented on X, suggesting that the Biden administration may grant an early pardon to FTX founder Sam Bankman-Fried, sparking speculation. The owner of X and CEO of Tesla, Elon Musk, added his thoughts on the matter to this article, which has started a community discussion.
Following the failure of the exchange, FTX founder Sam Bankman-Fried came under intense investigation. Additionally, the creator is well-known for being the Democrats' second-largest fundraiser. Almost $70 million was given by the entrepreneur and his team members in 2022 at the midterm elections. According to WallStreetMav, SBF may be eligible for an early pardon from the Biden administration because of the substantial gift they made.
Takes a Stand: Elon Musk
"I will be shocked if this doesn't happen," Elon Musk, CEO of Tesla, responded to the article, jumping into the discussion. Since Musk's remark implies that SBF's prior political affiliations may impact the result of his lawsuit, public suspicion has been further fueled. Another possible outcome of the impact is a leniency or pardon. Within the crypto community, this statement by Elon Musk is igniting a discussion about the interplay of politics, power, and justice.
Wu Blockchain, a prominent news source, brought attention to an additional aspect in light of these claims. The odds of Joe Biden pardoning SBF are presently around 13%, according to the predictive betting site Polymarket.
Pardons for SBF are more likely to be granted now that Elon Musk has remarked on the article. The probability has increased from 5% according to Wu Block to 13% at this time.
This disparity between popular opinion and chances derived from statistics shows how unpredictable political choices may be. Since SBF is the largest Democratic contributor, many in the community wonder whether his money will have any influence on the results of the cases.
#Biden #ElonMusk #SBF #ChristmasMarketAnalysis $FTT
An influential crypto voice on X, WallStreetMav, commented on X, suggesting that the Biden administration may grant an early pardon to FTX founder Sam Bankman-Fried, sparking speculation. The owner of X and CEO of Tesla, Elon Musk, added his thoughts on the matter to this article, which has started a community discussion.
Following the failure of the exchange, FTX founder Sam Bankman-Fried came under intense investigation. Additionally, the creator is well-known for being the Democrats' second-largest fundraiser. Almost $70 million was given by the entrepreneur and his team members in 2022 at the midterm elections. According to WallStreetMav, SBF may be eligible for an early pardon from the Biden administration because of the substantial gift they made.
Takes a Stand: Elon Musk
"I will be shocked if this doesn't happen," Elon Musk, CEO of Tesla, responded to the article, jumping into the discussion. Since Musk's remark implies that SBF's prior political affiliations may impact the result of his lawsuit, public suspicion has been further fueled. Another possible outcome of the impact is a leniency or pardon. Within the crypto community, this statement by Elon Musk is igniting a discussion about the interplay of politics, power, and justice.
Wu Blockchain, a prominent news source, brought attention to an additional aspect in light of these claims. The odds of Joe Biden pardoning SBF are presently around 13%, according to the predictive betting site Polymarket.
Pardons for SBF are more likely to be granted now that Elon Musk has remarked on the article. The probability has increased from 5% according to Wu Block to 13% at this time.
This disparity between popular opinion and chances derived from statistics shows how unpredictable political choices may be. Since SBF is the largest Democratic contributor, many in the community wonder whether his money will have any influence on the results of the cases.
#Biden #ElonMusk #SBF #ChristmasMarketAnalysis $FTT
Forbes Recognizes 14 Crypto Leaders in Prestigious List. 🤴🏻🪙
Forbes, renowned for recognizing top talent, unveils its annual "30 Under 30" list, featuring 14 individuals from the crypto and blockchain space despite recent market trends.
Ham Serunjogi, co-founder of Chipper Cash, tops the list at 28, with a $2.2 billion market value and 5 million users, offering money transfers and crypto trading services.
Other notable figures include Maxwell Stein, Kevin Sekniqi, Victor Faramond, and Compound co-founders Jordan Gonen and Jacob Schein, contributing to the dynamic crypto landscape.
Surprisingly, last year's media darling, Sam Bankman-Fried (SBF), is on the newly introduced "Shame List" for acknowledged mistakes.
Caroline Ellison's inclusion highlights diverse representation in the crypto industry, emphasizing Forbes' commitment to careful curation.
Forbes pledges increased scrutiny in future under-30 lists, addressing concerns raised by the placement of SBF.
The crypto sector's global influence is evident, with Forbes recognizing the pivotal role young leaders play in shaping its future.
The diverse talents showcased affirm the growing impact of crypto and blockchain technology across borders.
#Forbes #sbf #CarolineEllison #cryptocurreny
Forbes, renowned for recognizing top talent, unveils its annual "30 Under 30" list, featuring 14 individuals from the crypto and blockchain space despite recent market trends.
Ham Serunjogi, co-founder of Chipper Cash, tops the list at 28, with a $2.2 billion market value and 5 million users, offering money transfers and crypto trading services.
Other notable figures include Maxwell Stein, Kevin Sekniqi, Victor Faramond, and Compound co-founders Jordan Gonen and Jacob Schein, contributing to the dynamic crypto landscape.
Surprisingly, last year's media darling, Sam Bankman-Fried (SBF), is on the newly introduced "Shame List" for acknowledged mistakes.
Caroline Ellison's inclusion highlights diverse representation in the crypto industry, emphasizing Forbes' commitment to careful curation.
Forbes pledges increased scrutiny in future under-30 lists, addressing concerns raised by the placement of SBF.
The crypto sector's global influence is evident, with Forbes recognizing the pivotal role young leaders play in shaping its future.
The diverse talents showcased affirm the growing impact of crypto and blockchain technology across borders.
#Forbes #sbf #CarolineEllison #cryptocurreny
Yes
63%
No
37%
27 votes • Voting closed
🚨 JUST IN:
SAM BANKMAN-FRIED IS NOW A JAILHOUSE POWER BROKER, DOLING OUT LEGAL ADVICE FROM BEHIND BARS.
#BreakingNews #SBF #CryptoNews
SAM BANKMAN-FRIED IS NOW A JAILHOUSE POWER BROKER, DOLING OUT LEGAL ADVICE FROM BEHIND BARS.
#BreakingNews #SBF #CryptoNews
🤯 SBF is Now a Jailhouse Lawyer?! ($BTC
Sam Bankman-Fried is reportedly dishing out legal advice to fellow inmates. But here’s the kicker: it’s barely making a dent. 😬 The New York Times reports his guidance isn’t translating into better legal outcomes, despite his eagerness to help. Seems even a former crypto king’s legal brain has limits behind bars. This highlights the complexities of the legal system, even for those with insider knowledge. $ETH and $BNB holders might find this ironic, considering the circumstances.
#SBF #CryptoNews #JailTime #FTX ⚖️
Sam Bankman-Fried is reportedly dishing out legal advice to fellow inmates. But here’s the kicker: it’s barely making a dent. 😬 The New York Times reports his guidance isn’t translating into better legal outcomes, despite his eagerness to help. Seems even a former crypto king’s legal brain has limits behind bars. This highlights the complexities of the legal system, even for those with insider knowledge. $ETH and $BNB holders might find this ironic, considering the circumstances.
#SBF #CryptoNews #JailTime #FTX ⚖️
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