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tvplus006
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November 20, 2022, 06:39:29 PM
 #81

It seems that the success story of Sam Bankman-Fried has come to a logical conclusion. When his actions, as a result of which investors lost billions of dollars, will be officially qualified as fraudulent, he will no longer be able to find a job in the financial sector of the economy.

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November 22, 2022, 03:31:56 PM
 #82

It seems that the success story of Sam Bankman-Fried has come to a logical conclusion. When his actions, as a result of which investors lost billions of dollars, will be officially qualified as fraudulent, he will no longer be able to find a job in the financial sector of the economy.

He has indeed brought his success story to an end as far this FTZ and crypto is concern. The system appreciate those that are trustworthy because it is suppose to be free from third party. If the exchange is interacting as P2P to investors then it is not requiring another processor, Sam Bankman-Fried has bridged this phase in the exchange that he is meant to protect people's money. This scam is an exit scam and just like telegram group giving trade orders but all as lies just to steal money from traders.
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November 22, 2022, 04:18:42 PM
 #83

It seems that the success story of Sam Bankman-Fried has come to a logical conclusion. When his actions, as a result of which investors lost billions of dollars, will be officially qualified as fraudulent, he will no longer be able to find a job in the financial sector of the economy.
I'm not sure about that considering SBF is one person with experience in the industry. If in case the SBF never again finds this job at any company, then he or she will individually earn some other way. Case would be very different if SBF was arrested and imprisoned and he would be restricted throughout this industry both individually and otherwise.

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rhomelmabini
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November 22, 2022, 06:35:43 PM
 #84

It seems that the success story of Sam Bankman-Fried has come to a logical conclusion. When his actions, as a result of which investors lost billions of dollars, will be officially qualified as fraudulent, he will no longer be able to find a job in the financial sector of the economy.
Short lived. I doubt if he'll ever find any job that will involve financially unless that one entity is absurd too. I hope the proceedings will come to light especially for investors but I think it will take a long time before they get it. He deserves to be behind bars, but the lad has good connections and it will not be that easy for him to be there.
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November 22, 2022, 06:47:43 PM
Merited by indah rezqi (5)
 #85

Short lived. I doubt if he'll ever find any job that will involve financially unless that one entity is absurd too. I hope the proceedings will come to light especially for investors but I think it will take a long time before they get it. He deserves to be behind bars, but the lad has good connections and it will not be that easy for him to be there.
The days are so bad now and I don't think it will get better anytime soon. Sam Bankman-Fried will have to be held accountable for billions of dollars in financial losses with such a huge mental toll it will have him hiding even from the sun. I wouldn't think he'd be okay mentally and psychologically even though physically he's a bit chubby at the moment.

His success story is over, and now he will only reminisce about his story because I am sure he will be sued for his fraud every day since FTX crashed. So he's not going to be back in the business quickly, I think people are going to lash out at him.

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Hamphser
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November 22, 2022, 07:29:55 PM
 #86

Short lived. I doubt if he'll ever find any job that will involve financially unless that one entity is absurd too. I hope the proceedings will come to light especially for investors but I think it will take a long time before they get it. He deserves to be behind bars, but the lad has good connections and it will not be that easy for him to be there.
The days are so bad now and I don't think it will get better anytime soon. Sam Bankman-Fried will have to be held accountable for billions of dollars in financial losses with such a huge mental toll it will have him hiding even from the sun. I wouldn't think he'd be okay mentally and psychologically even though physically he's a bit chubby at the moment.

His success story is over, and now he will only reminisce about his story because I am sure he will be sued for his fraud every day since FTX crashed. So he's not going to be back in the business quickly, I think people are going to lash out at him.
What would you expect for people to do? Of course they would really be that angry specially into those who had greatly been affected or into those investors itself.Yes, im bit shocked on what happened considering

that people do really knows on whats the success story of SBF but now it did turn out that everythings a mess.This do really shows that nothing do last up forever specially if you are really doing
fraudulent acts which it would really be busted up sooner or later.If you dont really be able to handle it well and you do tolerate that greed inside then you would really be fucked up hard
once everything do really crumbles down or been find out.On any business, trust would be the key and some sort of transparency and on the time you are really going into the
different path then it is really prone into lots of big problems which you cant really be possibly be able to get out.

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rhomelmabini
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November 23, 2022, 12:38:43 PM
 #87

Short lived. I doubt if he'll ever find any job that will involve financially unless that one entity is absurd too. I hope the proceedings will come to light especially for investors but I think it will take a long time before they get it. He deserves to be behind bars, but the lad has good connections and it will not be that easy for him to be there.
The days are so bad now and I don't think it will get better anytime soon. Sam Bankman-Fried will have to be held accountable for billions of dollars in financial losses with such a huge mental toll it will have him hiding even from the sun. I wouldn't think he'd be okay mentally and psychologically even though physically he's a bit chubby at the moment.

His success story is over, and now he will only reminisce about his story because I am sure he will be sued for his fraud every day since FTX crashed. So he's not going to be back in the business quickly, I think people are going to lash out at him.
There's a news going around that for the last 2 years Sam's parent bought 20 (I think) real estate on the Bahamian soil, might be a family fraud. We never know if this was the money being bought from FTX investors. Yeah it's gone and over but there's always a "what if" on where the money go.
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November 23, 2022, 12:40:44 PM
 #88

Nostalgic thread.  Tongue
Several months ago, we're too many with Sam and praising him for being a nerd genius and now, we're all spitting on him because of what he did.
Well, a con like him is really good at hiding their true intentions about swindling people's money. No sorry for him for being the most hated person in the internet now.

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November 23, 2022, 06:16:06 PM
 #89

It seems that the success story of Sam Bankman-Fried has come to a logical conclusion. When his actions, as a result of which investors lost billions of dollars, will be officially qualified as fraudulent, he will no longer be able to find a job in the financial sector of the economy.
I'm not sure about that considering SBF is one person with experience in the industry. If in case the SBF never again finds this job at any company, then he or she will individually earn some other way. Case would be very different if SBF was arrested and imprisoned and he would be restricted throughout this industry both individually and otherwise.
He might have a good background in the financial field but what about the bad record that he have? I think that won't be erased anymore in the minds of the people. If you own a company, will you have the courage to work with this guy? I guess you will also think hard. He will be arrested but I don't think there is a law about restricting someone to find a career in a specific field. Never heard of it though.

In the first page, it is said that he perfected digital currency arbitrage. I think that is one of the reason on why he use the money. He got confident about his ability and take big risk but he got a bad luck and lose the money. There is a big lesson that we can learn here and that is don't be too overconfident.

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November 24, 2022, 01:51:47 PM
 #90

He might have a good background in the financial field but what about the bad record that he have? I think that won't be erased anymore in the minds of the people...

Considering the fact that Amazon ordered a series about the collapse of FTX and its founder Sam Bankman-Fried - https://deadline.com/2022/11/russo-brothers-david-weil-ftx-crypto-scandal-series-amazon-1235181170/, we can confidently say that SBF has gone down in history forever as the biggest loser. We will have to see the pilot series in the spring of 2023.

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November 24, 2022, 10:57:39 PM
 #91

The news about FTX collapsing is making headlines everywhere around the world. Even people that have no affiliation to crypto are reading about it but the demise of FTX has no universal meaning. Basically, when FTX went in to liquidation it benefited all competitors that were up against it therefore they probably did not shed a tear. As for investors, they must have been shocked to the degree some lost life savings and others just a small amount they were willing to lose if things turned sour.

I am not surprised Amazon have jumped on to this. The series will probably do very well in the ratings but the side-effect of the series could be to introduce crypto to a new audience that knows nothing to very little about how it works and what it is.

Considering the fact that Amazon ordered a series about the collapse of FTX and its founder Sam Bankman-Fried - https://deadline.com/2022/11/russo-brothers-david-weil-ftx-crypto-scandal-series-amazon-1235181170/, we can confidently say that SBF has gone down in history forever as the biggest loser. We will have to see the pilot series in the spring of 2023.

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