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Author Topic: FTX recovered $7.3B in Assets and is considering restarting!  (Read 1084 times)
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June 21, 2023, 04:12:46 PM
 #161

Not only can FTX continue to exist successfully. I read today that Sam Bankman will soon continue to live in peace because all charges against him have been dropped. I don't know if this is true or not, but I wouldn't be surprised if it actually happened. If so, it's a huge reason to think about the lawlessness going on among big officials in the US.

I missed this news, can you give us the link to the news?  but I wouldn't be surprised if we meet SBF on the street one day, and he doesn't have to go to jail for any crime. there have been many doubts that the collapse of FTX is just a pre-arranged arrangement of some force, and they are trying to make everything sink into oblivion.  and it seems they are succeeding with their plan, everything about SBF is slowly fading into oblivion, and you can also see that these days no one talks about it anymore.

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June 21, 2023, 11:42:44 PM
 #162

Not only can FTX continue to exist successfully. I read today that Sam Bankman will soon continue to live in peace because all charges against him have been dropped. I don't know if this is true or not, but I wouldn't be surprised if it actually happened. If so, it's a huge reason to think about the lawlessness going on among big officials in the US.

I missed this news, can you give us the link to the news?  but I wouldn't be surprised if we meet SBF on the street one day, and he doesn't have to go to jail for any crime. there have been many doubts that the collapse of FTX is just a pre-arranged arrangement of some force, and they are trying to make everything sink into oblivion.  and it seems they are succeeding with their plan, everything about SBF is slowly fading into oblivion, and you can also see that these days no one talks about it anymore.
As expected on which issues would really just simply come and go on which this issue would be in main talks like forever. On the time that its been settled whether its been amicable or had been finalized then it would really

be forgotten but for the talks about restarting? People might  forget on the recent or current updates but not on the general issue about on how FTX did fall into demise. They might be able to recover funds but its not

that something that could be easily forgotten on what they have done or on what they had able done in the past which is something unforgivable. They might restart but wont really be that ideal considering that
the community wont really be supporting anymore considering that if ever it did break the trust of the community then it wouldnt be shocking that it would really be remaining or instill in peoples mind
forever.

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August 11, 2023, 10:25:48 PM
 #163

Looks like Sam Bankman Fried’s bail has been revoked meaning he’ll be doing a little jail time, at least until his court is over with. It is interesting to watch as the people behind him are seemingly beginning to prioritize the business over the man. Will his bribes eventually free him from his fraud or will he be the fall guy as FTX gets restarted?

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August 11, 2023, 10:51:46 PM
 #164

Looks like Sam Bankman Fried’s bail has been revoked meaning he’ll be doing a little jail time, at least until his court is over with. It is interesting to watch as the people behind him are seemingly beginning to prioritize the business over the man. Will his bribes eventually free him from his fraud or will he be the fall guy as FTX gets restarted?
Will FTX be starting without SBF? If ever they would be relaunching but still they wont really be getting still that kind of recognition and consideration for users would be trusting up this company once again whether
SBF would be the main guy or would really be the fall guy. Did make some search and find these correlated on what you have said.

Judge Sends FTX’s Sam Bankman-Fried to Jail Ahead of Fraud Trial
Former FTX CEO Sam Bankman-Fried ordered to jail after judge revokes his bail

He it seems he would be sleeping with those jail rails for now which i could say that it is really just that deserve for him.  Grin

R


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August 11, 2023, 11:59:35 PM
Last edit: August 12, 2023, 12:59:13 AM by STT
 #165

The creditors own the business not the former CEO of course, what worth does he have if only representing fraud in what should have been a valid operating business.   I dont think FTX coming back or not  is going to help his sentencing except by some argument of reducing the losses.  Even if its now back profitable it would still be a crime in false accounting and other failures.  I could imagine the scenario of his charges being reduced or dropped if creditors decided it was immensely beneficial to the business to do so, seems most likely they want to separate the two forever and somehow place FTX and its operations as victim to his deception.

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August 12, 2023, 01:54:58 PM
 #166

Looks like Sam Bankman Fried’s bail has been revoked meaning he’ll be doing a little jail time, at least until his court is over with. It is interesting to watch as the people behind him are seemingly beginning to prioritize the business over the man. Will his bribes eventually free him from his fraud or will he be the fall guy as FTX gets restarted?

That's true and I read that the bail has been revoked because Sam Bankman Fried tried to intimidate witnesses from his house detention. How stupid can this guy be to really try and intimidate witnesses, like if they wouldn't have the guts to report it to the prosecution department or their own lawyers?

It is said that he has repeatedly tried to get in touch with witnesses and was on the fence to be put into jail several times and now he crossed the line. SBF deserves a big sentence for his stupidity alone. This is unbelievable. I think many were shocked when they found out that he can leave jail and live in his parents' house on bail, but trying to expand his scheme from there even further, I can't grasp it.

Maybe I should see it differently and acknowledge that intimidating anyone could be his last chance to not go to jail for 20 years or more.

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