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Seba1988
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CRYPTO DAILY EP. 26 FTX/SBF FROM LENDER OF LAST RESORT TO FRAUDSTER IN 7 DAYS📺 CRYPTO DAILY | EPISODE #26 🎲 FTX/SBF — HOW THE “LENDER OF LAST RESORT” IN CRYPTO BECAME THE BIGGEST FRAUDSTER IN THE HISTORY OF THE SECTOR IN JUST SEVEN DAYS November 2022: a 30-year-old young man, messy hair, always in shorts and a T-shirt, is publicly portrayed as the “new J.P. Morgan of crypto” — a rich enough and trustworthy enough man to step in, with his own money, and rescue broken crypto companies during that year’s crisis. Seven days later, his own company collapses, revealing an $8 billion hole in diverted client funds. The journey from being a billionaire recognized by Forbes to a federal prison cell took just a little over a year. This is the story of FTX and Sam Bankman-Fried.

CRYPTO DAILY EP. 26 FTX/SBF FROM LENDER OF LAST RESORT TO FRAUDSTER IN 7 DAYS

📺 CRYPTO DAILY | EPISODE #26
🎲 FTX/SBF — HOW THE “LENDER OF LAST RESORT” IN CRYPTO BECAME THE BIGGEST FRAUDSTER IN THE HISTORY OF THE SECTOR IN JUST SEVEN DAYS
November 2022: a 30-year-old young man, messy hair, always in shorts and a T-shirt, is publicly portrayed as the “new J.P. Morgan of crypto” — a rich enough and trustworthy enough man to step in, with his own money, and rescue broken crypto companies during that year’s crisis. Seven days later, his own company collapses, revealing an $8 billion hole in diverted client funds. The journey from being a billionaire recognized by Forbes to a federal prison cell took just a little over a year. This is the story of FTX and Sam Bankman-Fried.
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Man, this guy really knows how to cash in on early tech investments. Here’s what I’m thinking: If SBF promises to pay back (part of) the debts owed to all those creditors over the next 20 years, would the creditors agree to cut him some slack and submit a pardon request to the relevant authorities—like the Federal Bureau of Prisons (BOP), the U.S. Parole Commission (USPC), the U.S. Probation Office, or even President Trump? Could this lead to SBF getting released under some regulatory terms? The real question is: Is SBF bold enough to make such a promise? And would the creditors actually believe he has the chops to pay it back? If I were one of the creditors, I’d say I believe he can. I think SBF has learned from his past mistakes and will come out stronger. Rather than locking him up doing nothing, why not push him to work harder than ever? That’s the kind of punishment I can get behind. Having SBF “work his butt off to pay debts” is definitely better than wasting a brilliant mind with a keen investment sense. It’s way better than just tossing him in a cell to rot. I’m not trying to whitewash @SBF_FTX here; misusing funds from exchange users is wrong, and wrong is wrong—he should pay the price. But making him sit in jail is a total waste with no output. Might as well recycle the talent. #SBF #SBFFTX {spot}(FTTUSDT) {future}(SOLUSDT)
Man, this guy really knows how to cash in on early tech investments.

Here’s what I’m thinking:

If SBF promises to pay back (part of) the debts owed to all those creditors over the next 20 years,

would the creditors agree to cut him some slack and submit a pardon request to the relevant authorities—like the Federal Bureau of Prisons (BOP), the U.S. Parole Commission (USPC), the U.S. Probation Office, or even President Trump?

Could this lead to SBF getting released under some regulatory terms?

The real question is: Is SBF bold enough to make such a promise?

And would the creditors actually believe he has the chops to pay it back?

If I were one of the creditors, I’d say I believe he can.

I think SBF has learned from his past mistakes and will come out stronger.

Rather than locking him up doing nothing, why not push him to work harder than ever? That’s the kind of punishment I can get behind.

Having SBF “work his butt off to pay debts” is definitely better than wasting a brilliant mind with a keen investment sense.

It’s way better than just tossing him in a cell to rot.

I’m not trying to whitewash @SBF_FTX here; misusing funds from exchange users is wrong, and wrong is wrong—he should pay the price.

But making him sit in jail is a total waste with no output.

Might as well recycle the talent.

#SBF
#SBFFTX
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Bullish
Wall Street is betting big on SpaceX.. a strong surprise in its fair value SpaceX received a strong boost from major research houses on Wall Street, as a number of financial institutions began covering the stock with positive recommendations, indicating growing confidence in the company’s long-term growth outlook, despite ongoing questions about its current valuation, future profitability, and its ability to execute its ambitious plans. According to analysts’ reports, at least six major financial institutions—among them Morgan Stanley, Goldman Sachs, and UBS—have started covering the company’s share with “Buy” recommendations, based on the substantial potential SpaceX has in space, artificial intelligence, and technology services, even as debate continues over whether these expectations have already been reflected in the stock’s current price. #SBFFTX #SeBuscaCentroDeTareas #SabseBadiGalti # #cash $SPCXB {spot}(SPCXBUSDT)
Wall Street is betting big on SpaceX.. a strong surprise in its fair value
SpaceX received a strong boost from major research houses on Wall Street, as a number of financial institutions began covering the stock with positive recommendations, indicating growing confidence in the company’s long-term growth outlook, despite ongoing questions about its current valuation, future profitability, and its ability to execute its ambitious plans.

According to analysts’ reports, at least six major financial institutions—among them Morgan Stanley, Goldman Sachs, and UBS—have started covering the company’s share with “Buy” recommendations, based on the substantial potential SpaceX has in space, artificial intelligence, and technology services, even as debate continues over whether these expectations have already been reflected in the stock’s current price.

#SBFFTX #SeBuscaCentroDeTareas #SabseBadiGalti # #cash $SPCXB
SPCX+0.29%
SPCXB+0.42%
SPCXUS-5.45%
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