SBF said: WHAT HAPPENED?

[omone1]

Sam lacks respect for the community he destroyed their life savings. Not everyone has the mind bear such losses. People repose trust on you and you fuxk them up by gambling with their money. Then coming online to talk trash.

[1714701696]

1714701696

[$crypto$]

We shouldn't trust our money to these sociopaths. Just read the news reminder at the top that was written by theymos, there's nothing nice that's do than that right now. I wish he'll be convicted over that mismanagement as well as his team.

After this no one will believe in him anymore he is like doing puzzles like a child who doesn't know anything about his own problems, for me he is a virtue who doesn't care about his consumer funds, I also expect some news he was arrested and legal justice for them and their team.
He has scammed a lot of customers in one night and he is still on the loose.

[crzy]

We shouldn't trust our money to these sociopaths. Just read the news reminder at the top that was written by theymos, there's nothing nice that's do than that right now. I wish he'll be convicted over that mismanagement as well as his team.

Good to see this warning here in forum, hope to see more of this.
SBF is such a crazy guy who spend a lot of money donating to many politicians, as if he is asking for some backup if something bad happen. With the current situation, its not advisable to trust this guy anymore many already lose the money and better for SBF to bring it back and stop the fraud, he deserve the punishment.

[goaldigger]

He is planning to raise another funds in return of something, if you are an investor of this I suggest not to deal with this guy, he’s a fraud and leaving the project behind speaks a lot about his personality. He already lose the trust of the public, sooner or later someone will raise this into court and he have to deal with it. Avoid dealing with SBF at all cost, this is for your own sake so better to ignore this guy. He is known now as one of the top scammer, such a shame.

[Silberman]

SBF was typical a troller. that tweet has been revealing his true nature since what happened with so many users of FTX (include me) and he can still try to create such troll tweet like nothing happened. I hope that guy will be jailed soon along with alameda ceo.

that shitty guy must be brought to the court as soon as possible. there's something wrong happened with him. i believe.

I doubt it, to me he was a Trojan horse, the more people investigate him the more links they find to political parties and other prominent figures, so it is likely that this was planned from the beginning and he did all of this to try to bring the market down, and if that did not work then his actions will bring even more regulations to the market that people like us will have to go through, if that is the correct interpretation, or at least it is close to the truth, then it is unlikely he will ever face jail time.

[mich]

Well there is nothing this man says that will make me believe a word he says.  He is full of lies and we can only hope that there will be some justice served for his terrible unethical actions.

We can only hope that the us will bring him in to properly charge him with horrible crimes.  Many innocent people lost all of their life savings because of this evil lying man and I do not feel bad for him one bit.

[worle1bm]

Although he knows what happened he was just pretending that it was all not his mistake and he is also one of the victims but the one's who are at loss is the user who were holding FTT tokens and the employees who lost their job and their funds with FTX reserves or their native token.It was really bad phase in which we are all striving to get out as the whole market is affected but hold strong as there might be another SBF saying the same thing in future.

[Tony116]

He's still a kid.
He's got his way to the top as if it was easy on him when he has understood how his way up there been. Dude has got no remorse and not feeling sorry.
With that way of tweeting, he should have just kept quiet and better let himself cleared and explain of what happened instead of tweeting like a weenie.

They promoted this kid by the way to be one of the billionaire philanthropists who donate to charities and he is not interested to make money. If the Alameda data wasn't leaked and published by coindesk, this wouldn't happen.

The tweet is out of character. It should be CZ to give thanks for finally ending their scam by triggering. Many things were uncovered about his girlfriend Sweet Caroline, by the way, the ones who investigate deeper could really say he is just a kid and is being used.

That's right, although I've somehow hated CZ for always intervening with the market. But this one is an exception and it's good that he has exposed this kid and his cohorts.
If this haven't been talked about, I'm sure that many poor innocent depositors on FTX would have no idea freaking idea that their money is being played on.

It's hard to know if CZ is doing the right thing for the community or he is doing it for his own benefit, the bankruptcy of the FTX exchange will bring a lot of benefits to binance, FTX was once considered the most formidable competitor of Binance.
We have a lot of exchanges but binance almost dominates the crypto market and if it continues like that you will soon start to hate him more because of Binance's monopoly on the market. I can't say that his actions are commendable, but as for him being the initiator of the release of the proofs of reserve, I really applaud it.

[Dave1]

And with that, SBF was hit by a class-action lawsuit:

The founder of the now-collapsed crypto trading company FTX has been hit with a class action lawsuit by investors alleging he and other high-profile celebrities — such as legendary NFL quarterback Tom Brady and NBA star Stephen Curry — violated Florida law and made consumers suffer more than $11 billion in damages.

https://www.foxbusiness.com/markets/ftx-founder-sam-bankman-fried-hit-class-action-lawsuit-also-names-brady-bundchen-shaq-curry

And the plot tickets, as there are reports that there could be lawmakers also involved, either as a investors and so this investigation will drag a lot of names not just sports personalities such as Tom Brady and Steph Curry.

[zasad@]

https://decrypt.co/114888/new-ftx-ceo-distances-company-from-sbf-after-founders-ongoing-tweets
New FTX CEO Distances Company From SBF After Controversial DMs Surface
FTX’s new post-bankruptcy leader may not be a fan of Sam Bankman-Fried’s social media transparency.

FTX doesn't stand a chance. Soon everyone will forget about this exchange, and the SBF and the team will come up with a new scam.

[yazher]

I've been reading some rumors that SBF is just too young to pull something this big. People have hinted or suspected that some Government or Financial institution is involved in this debacle. It could be well true if you're going to look at the list of people that has been connected with the exchange. We'll see once the cases filed against him and FTX starts rolling.

It will be all cleared once they start the investigations and one by one they will gonna track who's really behind it one thing is for sure, they will gonna face some real consequences if they are proven guilty because what they have done is not a small matter because they clearly act good in the first place and attract more customers. until when they found an opening, they execute their plan and they even do a cheap manipulation when they suddenly fool their users as if it was real that they were hacked. Damn! that's really an obvious escape because they can no longer give their users crypto assets anymore.

[YUriy1991]

I've been reading some rumors that SBF is just too young to pull something this big. People have hinted or suspected that some Government or Financial institution is involved in this debacle. It could be well true if you're going to look at the list of people that has been connected with the exchange. We'll see once the cases filed against him and FTX starts rolling.

It will be all cleared once they start the investigations and one by one they will gonna track who's really behind it one thing is for sure, they will gonna face some real consequences if they are proven guilty because what they have done is not a small matter because they clearly act good in the first place and attract more customers. until when they found an opening, they execute their plan and they even do a cheap manipulation when they suddenly fool their users as if it was real that they were hacked. Damn! that's really an obvious escape because they can no longer give their users crypto assets anymore.

The crypto world has to work on its overall reputation for immaturity ranging from security issues to hacking can only push newcomers away from adopting cryptocurrencies. I think there needs to be an effort to protect legitimate services from attacks like this. whether we have made or lost money with our investments.

[blockman]

although I've somehow hated CZ for always intervening with the market. But this one is an exception and it's good that he has exposed this kid and his cohorts.
If this haven't been talked about, I'm sure that many poor innocent depositors on FTX would have no idea freaking idea that their money is being played on.

CZ usually tries to do that constantly, sometimes he is right and does the right thing, sometimes he is wrong and mistakes things but at the end of the day his values are true to crypto and his aims are great for it as well.

He wants everything to stay the same and be good, which is a good reason to attack or at least warn and that is what he did here as well and it worked out very well for people who wanted to get out. He had absolutely no reason to keep FTX alive, why would he be the one that works so hard for it, and that means we are talking about his own money would have gone to save everyone, he didn't have that responsibility so he should not be considered a reason for this.

I'm starting to have that sense in him that he's genuine in his words. But it's also hard to play on the trust of everyone especially if you're owning the huge and most known exchange in the world. The thought of having the kind of manipulation that we used to see before and until today can't be gone. I do understand the backing out when he had thought of helping FTX, it's already sinking and there's no way it could be uplifted so he's left them.

It's hard to know if CZ is doing the right thing for the community or he is doing it for his own benefit, the bankruptcy of the FTX exchange will bring a lot of benefits to binance, FTX was once considered the most formidable competitor of Binance.
We have a lot of exchanges but binance almost dominates the crypto market and if it continues like that you will soon start to hate him more because of Binance's monopoly on the market. I can't say that his actions are commendable, but as for him being the initiator of the release of the proofs of reserve, I really applaud it.

We can give him the benefit of the doubt because he do really helped a lot of people this time and FTX wasn't transparent when they're on the verge of falling down.
If it's not for him, there could be more people that will deposit to FTX and it could be massive wealth and life savings that will be gone for its entirety if he hasn't exposed them.

[Mr. Magkaisa]

In the US at least, it seems improbable during the Democratic tenure.

• Bankman-Fried spent around $37 million during the last election cycle, almost all of which went to boosting Democratic candidates and causes. That made him the party's second-largest donor, according to OpenSecrets, and the sixth largest overall.
  
  Sam has spent about $37 million on the current  government, and I assume the government will send him to a safe place to prove its loyalty to him.
  

- I read this source link that you gave here Sir, honestly, I was surprised by that article. In the last election that took the place last year 2021-2022 if I read correctly, SBF spent about 40M$ on one political person.
Also, in the coming election when Donald Trump runs in 2024, he is ready to give support worth 1B$, for him, that amount is shocking, to be honest.

But with this incident in the FTX scandal, I keep wondering if he will continue to be a major donator in Donald Trump's run in the year 2024.

[Ayers]

Sam lacks respect for the community he destroyed their life savings. Not everyone has the mind bear such losses. People repose trust on you and you fuxk them up by gambling with their money. Then coming online to talk trash.

If you are not ready and don't want to lose like that then you better not invest in this market. The market is not a get-rich-quick and no market is without risk even if you are a traditional trader. SBF makes mistakes that deserve punishment but he doesn't force you to put your trust in him and you can also protect your own assets instead of leaving it to someone else to manage. I'm not defending him but you should be responsible for your property rather than blaming someone else.

[kamvreto]

Glad to see everyone's response in this thread.
A good response to SBF is an actor acting like a clown who fools a lot of people.
and then she just relaxes and enjoys her life as if nothing happened.

I have another piece of news that might make you all even more fed up with the SBF Sociopath.

Check out this news: https://www.nytimes.com/events/dealbook-summit#speakers


DealBook Summit
- November 30, 2022,
- 8 a.m. – 6 p.m. E.S.T.
- New York City
- Premier Sponsor Accenture

He was even a speaker at the event, his photo was in the top spot being a key person who would give financial advice.

But, is he going to come to the event and say that FTX's collapse was due to hacking and not his fault?
Maybe if Do Kwon is presented it will also complete the list of potential and talented young speakers (to the detriment of millions of people).

[Beparanf]

Based on understanding on his series tweet. His “what happened” is just an introduction for his explanation on what happened on FTZ and the gang. It just look like a insensitive comment because reader didn't care to read the whole and focus on the first tweet on the series of thread. I’m not a supporter of SBF but I’m just trying to interpret what he said since many user even on social is using every single piece of FUD material to make a negative impression to the market just for there short position purposes.

[cryptomaniac_xxx]

Based on understanding on his series tweet. His “what happened” is just an introduction for his explanation on what happened on FTZ and the gang. It just look like a insensitive comment because reader didn't care to read the whole and focus on the first tweet on the series of thread. I’m not a supporter of SBF but I’m just trying to interpret what he said since many user even on social is using every single piece of FUD material to make a negative impression to the market just for there short position purposes.

It could be, but if you have to read between the lines, although later he admitted his fault, but his answer was like of a 10 year old kid who just lost his candy because of his wrong doing and then asking what had happened?

Same here, even before t he FTX collapse, I'm not a fan of him, not sure what investors have seen in him that really brought him huge money from them.

It's late already, all their money is gone and it will really take a miracle before they can get it back or at least portion of it.

[tabas]

Glad to see everyone's response in this thread.
A good response to SBF is an actor acting like a clown who fools a lot of people.
and then she just relaxes and enjoys her life as if nothing happened.

I have another piece of news that might make you all even more fed up with the SBF Sociopath.

Check out this news: https://www.nytimes.com/events/dealbook-summit#speakers


DealBook Summit
- November 30, 2022,
- 8 a.m. – 6 p.m. E.S.T.
- New York City
- Premier Sponsor Accenture

He was even a speaker at the event, his photo was in the top spot being a key person who would give financial advice.

But, is he going to come to the event and say that FTX's collapse was due to hacking and not his fault?
Maybe if Do Kwon is presented it will also complete the list of potential and talented young speakers (to the detriment of millions of people).

Come on! Seriously, he's still going to be a speaker on an event like this while he's dealing with his stir from his company? That's odd for me honestly.
If he's come to that event and start talking shit about defending himself and making it look like he's all innocent. This guy has something on his head and has to be knocked for that. I hate it when we're seeing people like him doing casual things while many people he has affected made their lives miserable. Could this poster has been made before the FTX collapse? Anyway, this event is loaded of prominent people except Sam.

[serjent05]

He is planning to raise another funds in return of something,

WTH, is he real?  Lol after his misappropriation of FTC client's fund, he has the guts to ask for money again?  It looks like he has drained his money from playing online casinos and needs more fund to sustain his gambling activities.[1]

if you are an investor of this I suggest not to deal with this guy, he’s a fraud and leaving the project behind speaks a lot about his personality. He already lose the trust of the public, sooner or later someone will raise this into court and he have to deal with it. Avoid dealing with SBF at all cost, this is for your own sake so better to ignore this guy. He is known now as one of the top scammer, such a shame.

After all the things he did and how unserious he is in dealing with the problem, I will never buy this guy's idea.  He has been proven by the current collapse of FTX as incompetent.  Who would want to deal with this kind of people?



[1] https://ftxcollapse.org/breaking-news-sbf-lost-over-100m-gambling-at-online-casinos/