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Author Topic: SBF-Denies Improper use of Customer Funds in a 1 on 1 Interview  (Read 536 times)
Yogee
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December 04, 2022, 02:27:26 PM
 #21

....or maybe someone just wanted him to look like a victim of some other people within his company who abused their powers.
I'm more inclined to believe that this is the case here. I really doubt he's that incapable as he appears in the interview. Maybe his lawyers told him to act dumb or confused so they could use that during the trial. It's like how they would use a defendant's "insanity" to get a not guilty verdict or a reduced punishment.

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December 04, 2022, 03:04:38 PM
 #22


The fact that he is still outside the prison bars speaks volumes about his status, currently untouchable...

He will still be free to go about because the court yet to bring up his case to find him guilty. So for this time he can still be around everywhere but not because he is untouchable. Due process to find him guilty will be follow and if he is guilty he will go to jail, He is not untouchable




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December 04, 2022, 03:05:02 PM
 #23

As the CEO, this happened on his watch-  where is the responsibility and accountability, guess he is trying to avoid jail time.  I think proof shows that customers' funds were improperly used.  
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December 04, 2022, 08:05:05 PM
 #24

As the CEO, this happened on his watch-  where is the responsibility and accountability, guess he is trying to avoid jail time.  I think proof shows that customers' funds were improperly used. 

Let us expect that he will be very cautious on what he will say as this will indict him on the spot.
Definitely, he talked to his lawyers before this interview and coached him the extent of what to say in public.
So I think, there has reservations from his side, to divulge only few things to the public.
Don't expect that he will be too honest of what he will say as of course, he needs to protect himself from self-incrimination.
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December 04, 2022, 08:48:16 PM
 #25

As the CEO, this happened on his watch-  where is the responsibility and accountability, guess he is trying to avoid jail time.  I think proof shows that customers' funds were improperly used. 

Let us expect that he will be very cautious on what he will say as this will indict him on the spot.
Definitely, he talked to his lawyers before this interview and coached him the extent of what to say in public.
So I think, there has reservations from his side, to divulge only few things to the public.
Don't expect that he will be too honest of what he will say as of course, he needs to protect himself from self-incrimination.
Besides at this point who cares about what he says? When people have credibility then I care about their statements but when the person saying something is a liar then why should I believe anything that comes out of his mouth? At this point the only thing that matters is what it can be demonstrated in court, and I have no doubt SBF and his lawyers are trying to hide or destroy all the evidence they can in order to win the case and maybe try to scam more people again.
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December 05, 2022, 10:14:14 AM
 #26

@gantez, I would like him to receive a very long prison sentence as an example to all others who decide to deal with serious matters in such a frivolous way. But considering his social status, and the status of his parents, and the fact that he donated a lot of money for political purposes, even if he were to be convicted, the president can pardon him at any time. Such an outcome would not surprise me at all.



I'm more inclined to believe that this is the case here. I really doubt he's that incapable as he appears in the interview. Maybe his lawyers told him to act dumb or confused so they could use that during the trial. It's like how they would use a defendant's "insanity" to get a not guilty verdict or a reduced punishment.

I can't say if he's acting well, or if he's just the way he is because I don't know him personally - although various strange stories are circulating about him and his team living a very unusual life, to say the least, in their villa in the Bahamas. It all really looks like a bunch of incompetent and greedy kids who enjoyed themselves while it lasted, and now they're going to pay expensive lawyers to get them out of trouble.

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December 05, 2022, 10:57:40 AM
 #27

As the CEO, this happened on his watch-  where is the responsibility and accountability, guess he is trying to avoid jail time.  I think proof shows that customers' funds were improperly used.  


Real proof is the purchase of luxury property used for FTX employees, according to the total property report purchased by FTX is hundreds of millions of dollars, besides that he also has a wealth of more than $ 30 billion and according to a report of around $ 10 billion in a bank account and all assets should be confiscated .


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December 05, 2022, 11:19:02 AM
 #28


The fact that he is still outside the prison bars speaks volumes about his status, currently untouchable...
He will still be free to go about because the court yet to bring up his case to find him guilty. So for this time he can still be around everywhere but not because he is untouchable. Due process to find him guilty will be follow and if he is guilty he will go to jail
The same thing happened to the founder of luna before. After the tragic incident, Kwon was still roaming around and even attempted to travel in other places to escape but I think later on he is still caught out and sent to jail. Sbf is soon going to suffer the same faith as kwon. With all of what he had done, he can't say that he wasn't guilty and there is no need to prove anything in the court.

We have a lots of witnesses here, the whole word actually. I know he donated some money to some governments before but that shouldn't be an excuse for this guy to get away with his crime's. There is what we called a law and that must be followed no matter what.

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December 07, 2022, 09:59:39 PM
 #29


The fact that he is still outside the prison bars speaks volumes about his status, currently untouchable...
He will still be free to go about because the court yet to bring up his case to find him guilty. So for this time he can still be around everywhere but not because he is untouchable. Due process to find him guilty will be follow and if he is guilty he will go to jail
The same thing happened to the founder of luna before. After the tragic incident, Kwon was still roaming around and even attempted to travel in other places to escape but I think later on he is still caught out and sent to jail. Sbf is soon going to suffer the same faith as kwon. With all of what he had done, he can't say that he wasn't guilty and there is no need to prove anything in the court.

We have a lots of witnesses here, the whole word actually. I know he donated some money to some governments before but that shouldn't be an excuse for this guy to get away with his crime's. There is what we called a law and that must be followed no matter what.
We must never underestimate the ability of lawyers to get their clients to walk away free of charges as long as they are paid a fortune in the process, it is obvious to us that SBF is guilty and he should spend the rest of his life in jail for what he did, but if he plays his cards right and he blames someone else while the judge turns a blind eye to the evidence or it is simply never brought forward by some legal loophole, then SBF could avoid spending too much time in jail and still have a fortune waiting for him once his time in jail is over.
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December 08, 2022, 02:06:15 AM
 #30

....or maybe someone just wanted him to look like a victim of some other people within his company who abused their powers.
I'm more inclined to believe that this is the case here. I really doubt he's that incapable as he appears in the interview. Maybe his lawyers told him to act dumb or confused so they could use that during the trial. It's like how they would use a defendant's "insanity" to get a not guilty verdict or a reduced punishment.

If he looks stupid the prosecutor should be smarter, namely by looking at the facts of the flow of transactions, surely the transaction will end up with a balance that looks large so that it can be used as an excuse that it belongs to SBF, if he still denies it means he is indeed a fraud who knows no shame.
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December 08, 2022, 05:03:33 AM
 #31

I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.

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December 08, 2022, 05:45:38 AM
 #32

The way to be safe and free from obligations to investors is to pretend to pretend to be stupid, even he feels also loss from the bankruptcy of FTX, this type of human can only harm others, whatever he says we will never believe, with this case we must Beware and don't store assets in Exchanges with a large value.

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December 08, 2022, 07:03:36 AM
 #33

I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.

It's better to leave it and never listen to whatever he says, he will look for many reasons to cover FTX to be free from the burden of returning investor money, we can't expect much from FTX, it's better to forget and think about other things, for example Review Exchanges Which one has the potential to become the Next FTX.
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December 09, 2022, 05:52:40 AM
 #34

I won't put it past him to act innocent and deny accusations of using customer funds because as long as there has not been evidence to nail him of how he misappropriated people's hard earned money, he's free to say whatever shit he wants to. I mean, he's still got his freedom of speech huh?
 
 I wonder how the justice system operates in the US tho. In 2008, Bernie Madoff was arrested with criminal charges for running one of the biggest Ponzi schemes that resulted in the loss of tens of billions of dollars in investor funds, and I think this is similar scenario. Is there something the US prosecutors are not telling us??

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December 09, 2022, 06:18:26 AM
 #35

I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.

He said he didn't know what happened! Just leave him fucking alone. Sad

Apparently nobody has the balls to throw this little shit into prison so why waste time with interviewing him? He is not going to say "Yes I scammed lots of people and I don't give a fuck about it." no matter how hard you try.

He only apologizes and for what exactly? If he didn't know what happened and he is innocent, wtf is he apologizing for?

I haven't lost a single dime on this crap exchange (it is because the moment I heard about it I already knew it was a scam) but I am still mad as fuck when I see people like him.

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Bitcoin1216
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December 09, 2022, 07:09:08 AM
 #36

The easy thing to do is when fraud is revealed is to claim to be a victim and cannot fulfill the service, he has no good intentions to return the consumer money, all the assets he have must have been stored or diverted so that when he submits bankruptcy, there is no asset that can be confiscated and consumers will lose money.

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December 09, 2022, 07:24:03 AM
 #37

To tell you honestly, it's boring to talk about SBF, it doesn't help crypto enthusiasts, Yes there we are, maybe we should learn to be more careful, and don't just trust to allocate a large amount of money in a crypto here in this industry.

To be honest, I don't even know if what I read is true or until we see it investigated, as long as we see this fat-faced SBF wandering around, it will surely commit another big fraud in this industry in another person and another company name.


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December 09, 2022, 07:27:48 AM
 #38

I stopped watching or listening to any of his interviews. He basically doesn’t say anything concrete. Keeps apologizing saying he didn’t know. Doing what he can to make everyone whole.

Saying stuff like 8 minutes after signing chapter 11 he raised like $5B but can’t say who those investors were. It’s getting to the point where he is just saying lies after lies and why even watch any of his interviews.
He's full of "Ummmm's and Ahhhhh's". Now he's Mr. Ummmmmm's and Mr. Ahhhhh's now aside from him being called Scam Bankrupt-Fraud.

Isn't it a proof that he is trying to dodge something? Isn't it a proof that he is trying to hide something from the public. He's trying to choose the words that he is saying and there is a time where he can't answer a question immediately and it took 3-5 or even longer for him to at least dodge it and not answering it Cheesy.

TBH, after watching how Coffezilla got him on his final interview, I might stop any Youtube videos regarding to SBF and the only time that I will watch is when he will be arrested and going to jail (if it will happen).

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December 09, 2022, 08:53:41 AM
 #39

He's full of "Ummmm's and Ahhhhh's". Now he's Mr. Ummmmmm's and Mr. Ahhhhh's now aside from him being called Scam Bankrupt-Fraud.

Isn't it a proof that he is trying to dodge something? Isn't it a proof that he is trying to hide something from the public. He's trying to choose the words that he is saying and there is a time where he can't answer a question immediately and it took 3-5 or even longer for him to at least dodge it and not answering it Cheesy.
Anyone could judge that posture and the words he answered seemed he did not expect the question, he seemed nervous that he had not prepared an answer about it. So it wasn't forever that he managed to cover up the FTX fraud case with the media and it was proven during the live broadcast that he doubted his own answer, indicating that something was hidden.

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TBH, after watching how Coffezilla got him on his final interview, I might stop any Youtube videos regarding to SBF and the only time that I will watch is when he will be arrested and going to jail (if it will happen).
The only thing awaited is to prove the details of the true case and see him being escorted to the hospital chair to give an honest statement. However, the media coverage did not meet expectations and the case seemed to have not been handled by the prosecutor's office.

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December 09, 2022, 11:06:40 AM
 #40


The fact that he is still outside the prison bars speaks volumes about his status, currently untouchable...

He will still be free to go about because the court yet to bring up his case to find him guilty. So for this time he can still be around everywhere but not because he is untouchable. Due process to find him guilty will be follow and if he is guilty he will go to jail, He is not untouchable






The news that some companies are ready to collect the money needed, which is around $ 3 billion, it seems to have failed, if the company is serious, of course he will boast that FTX will recover, moreover the bankruptcy process they registered has received confirmation from the court and it seems that investors have to cry because of losing money at FTX.



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