FTX Drama and Global Empact

[Oneandpure]

It won't end soon. It's still a long way to go until this issue will be forgotten or even ended. People are telling because that SBF has been a donator or financer to the democrats, this case is taking too long and there's no action taken against him.
And he's even able to have to talk in front of crowds just after this issue has popped. We've seen conmen that have been running against the authority with the issue they've been involved in while him, is still free.

Actually FTX drama have ended last several weeks with sad ending for users still have fund in their FTX account, but get happy ending for the owner because they can run away much investor money. I don't see any user use their lawyer against with SBF after with how much money loss in this exchange. Have to learn more from exchange market is not securing place for saving or holding assets short or long term actually our assets in the owner hands, if they run our money will gone and FTX its not the first scam exchange market but also have many exchange become scam and the owner still free and enjoying their life without surrendered.

[1714676817]

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[1714676817]

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[Marvell1]

It won't end soon. It's still a long way to go until this issue will be forgotten or even ended. People are telling because that SBF has been a donator or financer to the democrats, this case is taking too long and there's no action taken against him.
And he's even able to have to talk in front of crowds just after this issue has popped. We've seen conmen that have been running against the authority with the issue they've been involved in while him, is still free.

Actually FTX drama have ended last several weeks with sad ending for users still have fund in their FTX account, but get happy ending for the owner because they can run away much investor money. I don't see any user use their lawyer against with SBF after with how much money loss in this exchange. Have to learn more from exchange market is not securing place for saving or holding assets short or long term actually our assets in the owner hands, if they run our money will gone and FTX its not the first scam exchange market but also have many exchange become scam and the owner still free and enjoying their life without surrendered.

It's not over because they just filed for bankruptcy and haven't actually declared bankruptcy. As far as I know, filing bankruptcy under Chapter 11, FTX will have 3-4 months to complete the procedure as well as have the opportunity to call for support from sponsors and resolve disputes with partners.

In addition to countries with crypto regulations, in countries that do not have crypto laws, investors will be responsible for their investment without the protection of the law, so that no one can sue FTX.

[MoonOfLife]

I hope that the FTX drama will end soon, confiscated all the assets owned by FTX and conduct a very strict audit on transactions on FTX so that the assets of investors are found, I'm sure SBF has a large cryptocurrencies asset, although it's not enough to pay for investors but at least can restore even if only 50%.

It won't end soon. It's still a long way to go until this issue will be forgotten or even ended. People are telling because that SBF has been a donator or financer to the democrats, this case is taking too long and there's no action taken against him.
And he's even able to have to talk in front of crowds just after this issue has popped. We've seen conmen that have been running against the authority with the issue they've been involved in while him, is still free.

Those who say that the FTX crash is over is because they don't want to see another market crash. this is all just the beginning and i believe many more incidents will happen in the future and all will be related to FTX. SBF bribed the democrats and republicans a lot so that he could be free and live like a king after it was all over. Don't expect him to go to jail after spending millions of dollars on the authorities.

[eaLiTy]

~
It won't end soon. It's still a long way to go until this issue will be forgotten or even ended. People are telling because that SBF has been a donator or financer to the democrats, this case is taking too long and there's no action taken against him.
And he's even able to have to talk in front of crowds just after this issue has popped. We've seen conmen that have been running against the authority with the issue they've been involved in while him, is still free.

The nerve of SBF to give out interviews and to dance around questions is another funny story that is going on and he has said some incriminating things to coffeezilla which was interesting. Everyone knows what he did and swindle money from investors and depositors but as you mentioned he is an incarnation of Bernie Madoff with a twist, lobbying people in the power while carrying out his scam.

[sana54210]

It's not over because they just filed for bankruptcy and haven't actually declared bankruptcy. As far as I know, filing bankruptcy under Chapter 11, FTX will have 3-4 months to complete the procedure as well as have the opportunity to call for support from sponsors and resolve disputes with partners.

In addition to countries with crypto regulations, in countries that do not have crypto laws, investors will be responsible for their investment without the protection of the law, so that no one can sue FTX.

I would guess that bankruptcy is a way to protect themselves on jail time, just saying "sorry we failed" they are just saying "we are upset we failed too, we wanted to do better" and that means they didn't mean to, and it's not their fault, and it's a bit about the market and everything else that went wrong and not them.

This will result with them defending themselves on court by saying "we did nothing illegal; we just couldn't survive because of cash flow and that is economic reason, not jail reason". So, it is obvious that it is all a ruse, and they will not accept fault and this is a proof of that, Sam should be jailed, but he will do everything in his power not to.

[coupable]

It's not over because they just filed for bankruptcy and haven't actually declared bankruptcy. As far as I know, filing bankruptcy under Chapter 11, FTX will have 3-4 months to complete the procedure as well as have the opportunity to call for support from sponsors and resolve disputes with partners.

In addition to countries with crypto regulations, in countries that do not have crypto laws, investors will be responsible for their investment without the protection of the law, so that no one can sue FTX.

I would guess that bankruptcy is a way to protect themselves on jail time, just saying "sorry we failed" they are just saying "we are upset we failed too, we wanted to do better" and that means they didn't mean to, and it's not their fault, and it's a bit about the market and everything else that went wrong and not them.

This will result with them defending themselves on court by saying "we did nothing illegal; we just couldn't survive because of cash flow and that is economic reason, not jail reason". So, it is obvious that it is all a ruse, and they will not accept fault and this is a proof of that, Sam should be jailed, but he will do everything in his power not to.

It can't go as simple as you think, bro. It is not possible to evade responsibility in this way, as if the collapse was the result of one of the unexpected natural disasters. There is a penal responsibility that must be borne by those in charge of the FTX stock exchange, due to the failure to provide appropriate guarantees that protect users’ investments on the platform, in addition to working to enlarge the platform without taking into account the characteristics of the crypto market, which made the fall resounding and catastrophic.

[passwordnow]

Actually FTX drama have ended last several weeks with sad ending for users still have fund in their FTX account, but get happy ending for the owner because they can run away much investor money. I don't see any user use their lawyer against with SBF after with how much money loss in this exchange. Have to learn more from exchange market is not securing place for saving or holding assets short or long term actually our assets in the owner hands, if they run our money will gone and FTX its not the first scam exchange market but also have many exchange become scam and the owner still free and enjoying their life without surrendered.

The buzz and noise are still there and it's always been in the talks in different communities even outside the crypto community, still being talked upon. Well, people that have lost money on it probably have accepted their fate already and if they'll spend to sue FTX then what they'll get plus the expenses for lawyers fees, etc.

Those who say that the FTX crash is over is because they don't want to see another market crash. this is all just the beginning and i believe many more incidents will happen in the future and all will be related to FTX. SBF bribed the democrats and republicans a lot so that he could be free and live like a king after it was all over. Don't expect him to go to jail after spending millions of dollars on the authorities.

Well, it has happened and there's no need to expect that another one from them will happen again. And if something big happens, we can't avoid it and the market will surely be affected by it. For such donations that SBF did, this is making him walk freely while dealing with this big issue.

The nerve of SBF to give out interviews and to dance around questions is another funny story that is going on and he has said some incriminating things to coffeezilla which was interesting. Everyone knows what he did and swindle money from investors and depositors but as you mentioned he is an incarnation of Bernie Madoff with a twist, lobbying people in the power while carrying out his scam.

SBF sucks, I'm sure not just me and you but everyone think how can this guy attain to do all of those stuff while the issue is too big to ignore and have some fun with these conference shits.

[bittraffic]

I didn't know that FTX was a direct port to asian markets. Are those countries using binance now?

Also, i thought it has users from united states, so i had to google and it was seperate operation. So i guess my question is that is FTX.US totally off the hook? How they or their us customers are not affected when 130+ companies are?

If this stat is for real then maybe FTX.US is really safe. Which also means FTX only stole from other countries and the money of celebrities promoting them wasn't really stolen?

SBF is okay to steal money from someone else money outside the US so he isn't going to jail and are free to speak to the public. Nice touch. And because of this, SEC Gensler now wants to have control overseas.

[LogitechMouse]

~
It won't end soon. It's still a long way to go until this issue will be forgotten or even ended. People are telling because that SBF has been a donator or financer to the democrats, this case is taking too long and there's no action taken against him.
And he's even able to have to talk in front of crowds just after this issue has popped. We've seen conmen that have been running against the authority with the issue they've been involved in while him, is still free.

The nerve of SBF to give out interviews and to dance around questions is another funny story that is going on and he has said some incriminating things to coffeezilla which was interesting. Everyone knows what he did and swindle money from investors and depositors but as you mentioned he is an incarnation of Bernie Madoff with a twist, lobbying people in the power while carrying out his scam.

Coffezilla interviewed him twice, and he always dodges every question that he throws into SBF.
I just watched this video uploaded by Coffeezilla, and it seems like he already caught SBF and accidentally admitted that he made a fraud. Just watch the whole video.
https://www.youtube.com/watch?v=4o_jPzBZSIo

Overall, I'm also surprised on why SBF is taking these interviews despite scamming those FTX users (I used those since I didn't use FTX at all). Most of the time, those people who are accused of scamming people doesn't entertain these media and other influencers at all, but SBF is different. Coffeezilla got him on that video that I just shared, but is that enough for him to be put into jail? Or not that's why he's still confident to face the media.

[rokok lokal]

An embarrassing FTX situation and a risky investment that didn't pan out. There's nothing wrong with centralized exchanges, but they can always turn into a very bad investment. Only the future will tell what will happen in the cryptocurrency world when so many exchanges are centralized. I personally see this as a big problem, because it reduces trust and security. That's why Binance didn't acquire FTX because FTX's situation turned out to be worse than expected.

[Marvell1]

It's not over because they just filed for bankruptcy and haven't actually declared bankruptcy. As far as I know, filing bankruptcy under Chapter 11, FTX will have 3-4 months to complete the procedure as well as have the opportunity to call for support from sponsors and resolve disputes with partners.

In addition to countries with crypto regulations, in countries that do not have crypto laws, investors will be responsible for their investment without the protection of the law, so that no one can sue FTX.

I would guess that bankruptcy is a way to protect themselves on jail time, just saying "sorry we failed" they are just saying "we are upset we failed too, we wanted to do better" and that means they didn't mean to, and it's not their fault, and it's a bit about the market and everything else that went wrong and not them.

This will result with them defending themselves on court by saying "we did nothing illegal; we just couldn't survive because of cash flow and that is economic reason, not jail reason". So, it is obvious that it is all a ruse, and they will not accept fault and this is a proof of that, Sam should be jailed, but he will do everything in his power not to.

It can't go as simple as you think, bro. It is not possible to evade responsibility in this way, as if the collapse was the result of one of the unexpected natural disasters. There is a penal responsibility that must be borne by those in charge of the FTX stock exchange, due to the failure to provide appropriate guarantees that protect users’ investments on the platform, in addition to working to enlarge the platform without taking into account the characteristics of the crypto market, which made the fall resounding and catastrophic.

If it were us, it certainly wouldn't be so easy. But unfortunately, that is happening with SBF, SBF is still free and the victims who lost money don't know where to complain and sue SBF. I haven't seen a lawsuit since FTX collapsed.
SBF is bribing a lot of media to spread that it was CZ that caused the collapse of FTX and forced CZ to speak out, while SBF is becoming the real victim. Additionally, he's already donated billions of dollars to politicians, so jailing him is highly unlikely.

[Bitcoin1216]

Hoping that FTX ended soon, it was certain that investors would lose money, I also lost a little money because I often traded on FTX even when I was still called Liquid, this was certainly a valuable experience not to store bitcoin or stable coins in Exchanges.

[erep]

SBF is bribing a lot of media to spread that it was CZ that caused the collapse of FTX and forced CZ to speak out, while SBF is becoming the real victim. Additionally, he's already donated billions of dollars to politicians, so jailing him is highly unlikely.

He played a very sad story line to hide under the noses of the law enforcement elite, the FTX case never seemed to happen because he seemed to have been "protected" from any law that was against him, I am so sick of seeing him tweet as if without any burden of loss to FTX users, but believe that God will repay him and the elite legal umbrella that protects him will be destroyed along with his life, no evil is eternal in this world.

[Marvell1]

SBF is bribing a lot of media to spread that it was CZ that caused the collapse of FTX and forced CZ to speak out, while SBF is becoming the real victim. Additionally, he's already donated billions of dollars to politicians, so jailing him is highly unlikely.

He played a very sad story line to hide under the noses of the law enforcement elite, the FTX case never seemed to happen because he seemed to have been "protected" from any law that was against him, I am so sick of seeing him tweet as if without any burden of loss to FTX users, but believe that God will repay him and the elite legal umbrella that protects him will be destroyed along with his life, no evil is eternal in this world.

Justice will not be done by God, I don't think that will happen. This world is always unfair, there are always unfair things happening, so let's protect ourselves before asking someone for help. FTX is not the first case in the market, we have seen many other deaths before and no one has gone to jail or paid the price, Dokwon is an example. If you want to convict SBF, it would be better to include the people behind him, as I believe he cannot do it alone, and if he goes to jail, it will never make up for what everyone has lost.

[Renampun]

Hoping that FTX ended soon, it was certain that investors would lose money, I also lost a little money because I often traded on FTX even when I was still called Liquid, this was certainly a valuable experience not to store bitcoin or stable coins in Exchanges.

end how do you mean?  ended up in jail?  I am one of the victims, my bitcoin is still stuck in FTX. I continue to follow developments from FTX, I certainly hope he can be caught, what he did was an extraordinary crime imo.

He played a very sad story line to hide under the noses of the law enforcement elite, the FTX case never seemed to happen because he seemed to have been "protected" from any law that was against him, I am so sick of seeing him tweet as if without any burden of loss to FTX users, but believe that God will repay him and the elite legal umbrella that protects him will be destroyed along with his life, no evil is eternal in this world.

this is actually very upsetting, the news about SBF's family having a strong connection to the elite political is really true, it is said that he is being protected, so until now there has been no clarity about the punishment that will be handed down to SBF.

[coupable]

It's not over because they just filed for bankruptcy and haven't actually declared bankruptcy. As far as I know, filing bankruptcy under Chapter 11, FTX will have 3-4 months to complete the procedure as well as have the opportunity to call for support from sponsors and resolve disputes with partners.

In addition to countries with crypto regulations, in countries that do not have crypto laws, investors will be responsible for their investment without the protection of the law, so that no one can sue FTX.

I would guess that bankruptcy is a way to protect themselves on jail time, just saying "sorry we failed" they are just saying "we are upset we failed too, we wanted to do better" and that means they didn't mean to, and it's not their fault, and it's a bit about the market and everything else that went wrong and not them.

This will result with them defending themselves on court by saying "we did nothing illegal; we just couldn't survive because of cash flow and that is economic reason, not jail reason". So, it is obvious that it is all a ruse, and they will not accept fault and this is a proof of that, Sam should be jailed, but he will do everything in his power not to.

It can't go as simple as you think, bro. It is not possible to evade responsibility in this way, as if the collapse was the result of one of the unexpected natural disasters. There is a penal responsibility that must be borne by those in charge of the FTX stock exchange, due to the failure to provide appropriate guarantees that protect users’ investments on the platform, in addition to working to enlarge the platform without taking into account the characteristics of the crypto market, which made the fall resounding and catastrophic.

If it were us, it certainly wouldn't be so easy. But unfortunately, that is happening with SBF, SBF is still free and the victims who lost money don't know where to complain and sue SBF. I haven't seen a lawsuit since FTX collapsed.
SBF is bribing a lot of media to spread that it was CZ that caused the collapse of FTX and forced CZ to speak out, while SBF is becoming the real victim. Additionally, he's already donated billions of dollars to politicians, so jailing him is highly unlikely.

They are expert scammers. The platform releases it from one of the countries that imposes any procedures or conditions and guarantees that there will be no tracking in the event that the platform stops, whether for the benefit of its citizens or users from other countries. There are tax havens that provide a safe place for scammers as well as suspicious money.
By offering bribes to decision-makers in powerful countries, they ensure that they will not be held accountable, no matter the scale of the disaster. What usually happens and we hear about it is a small percentage of hacking and theft attempts that are not reported and the public opinion does not hear about it.

[DanWalker]

Hoping that FTX ended soon, it was certain that investors would lose money, I also lost a little money because I often traded on FTX even when I was still called Liquid, this was certainly a valuable experience not to store bitcoin or stable coins in Exchanges.

end how do you mean?  ended up in jail?  I am one of the victims, my bitcoin is still stuck in FTX. I continue to follow developments from FTX, I certainly hope he can be caught, what he did was an extraordinary crime imo.

He played a very sad story line to hide under the noses of the law enforcement elite, the FTX case never seemed to happen because he seemed to have been "protected" from any law that was against him, I am so sick of seeing him tweet as if without any burden of loss to FTX users, but believe that God will repay him and the elite legal umbrella that protects him will be destroyed along with his life, no evil is eternal in this world.

this is actually very upsetting, the news about SBF's family having a strong connection to the elite political is really true, it is said that he is being protected, so until now there has been no clarity about the punishment that will be handed down to SBF.

We all hope he will go to jail, but really I doubt it, he and his family have a close relationship with politicians, so it is tough for him to go to jail. It's been over a month since FTX's death and things seem to have calmed down, people aren't talking about it anymore, and the SBF hasn't received any arrest warrants or hearings either. His life is still going well and he is still using Twitter every day to cry that he is a victim, I guess he is enjoying life somewhere while his real victim is deadlocked over losing money.

[BitcoinPanther]

We all hope he will go to jail, but really I doubt it, he and his family have a close relationship with politicians, so it is tough for him to go to jail. It's been over a month since FTX's death and things seem to have calmed down, people aren't talking about it anymore, and the SBF hasn't received any arrest warrants or hearings either. His life is still going well and he is still using Twitter every day to cry that he is a victim, I guess he is enjoying life somewhere while his real victim is deadlocked over losing money.

If the judiciary system will not function well on this issue then I think, SBF camp will find an escape goat to point all the blame in order for SBF to avoid trials.  He can possibly be there as a witness while pressing the charged on that poor soul.

But the recent interview of SBF is a good evidence to keep him tied to the FTX collapse case.  He clearly admit that they are comingling the funds of FTX users and that is a clear evidence of fraud.  I think there is a hearing on the 13th and SBF is invited to speak on that hearing.  Let us wait and see what will happen then.

[Captain Corporate]

In Turkey it hasn't really impacted the nation all that much. We had another one here a local exchange (forgot the name) which took off with everyone's money, don't know if they actually stole it, or just lost it somewhere, like if the guy actually has that money or not is unknown but it is clear that everyone lost their money that much is known. THAT was a big deal for a while, I mean we are already not a rich nation, so billions gone from people, and mainly retail investors, was a big deal. FTX was not really high up the ladder for Turkey in usage case, so it hasn't created any chaos for us. Just the price drop, that was the only one that bothered us.

[o48o]

If this stat is for real then maybe FTX.US is really safe. Which also means FTX only stole from other countries and the money of celebrities promoting them wasn't really stolen?

SBF is okay to steal money from someone else money outside the US so he isn't going to jail and are free to speak to the public. Nice touch. And because of this, SEC Gensler now wants to have control overseas.

And if FTX.US is going to be fine, what that would mean for FTT token? There actually could be some sort of recovery at some point after people aren't afraid that it will go to zero. But that could take time and i am uncertain if. Although i don't personally think that FTT has enough demand whene its utility is only related to FTX ecosystem.