ColoradoSpringstein
ColoradoSpringstein t1_j2c0qji wrote
Reply to comment by TheNerdWithNoName in Sam Bankman-Fried Likely to Plead Not Guilty to Fraud Charges by habichuelacondulce
Uhhh SoftBank, Tiger Global, Paradigm, Sequoyah, etc… all these institutions with billions in assets that have been playing the game for decades. Why would they enable sbf to do this? What do they gain out of this whole thing?
ColoradoSpringstein t1_j2bpfwg wrote
Pretty sure we need to be arresting the people who (used him as the fall guy) enabled him to get into this position in the first place.
ColoradoSpringstein t1_j1kdibx wrote
Reply to What are the must watch HBO shows? by Royal-Geologist587
Seriously no one is saying Succession?? My favorite show of all time.
ColoradoSpringstein t1_j2c59hj wrote
Reply to comment by TheNerdWithNoName in Sam Bankman-Fried Likely to Plead Not Guilty to Fraud Charges by habichuelacondulce
Think about it. What did ftx do? Renamed a stadium, got Larry fucking David to do a Super Bowl commercial, made donations to politicians on both sides of the aisle, lobbied the chair of the finance committee to presumably help with the writing of any crypto related regulations, got tons of high profile celebrities to endorse and invest in their exchange, that they ran alongside their hedge fund, they bailed out or acquired bunch of other crypto exchanges.. like that’s a pretty large list of high profile side missions if this shit were just a scam. Idk I been smoking that good shit while looking into this. Going off on all sorts of tangents.
You can blame all this on the greater fool theory running wild and think that sbf just got a bunch of strangers to invest gobs of money with him that he then went on to do all this baller shit with. I just can’t buy it. Too early to tell but it’s fun to speculate.