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Tuesday, December 06, 2022 12:06:21 AM
“Sam Bankman-Fried, the disgraced former CEO of FTX
— the bankrupt cryptocurrency exchange that was worth $32 billion a few weeks ago — has a real knack for self-promotional PR. For years, he cast himself in the likeness of a young boy genius turned business titan, capable of miraculously growing his crypto empire as other players got wiped out. Everyone from Silicon Valley’s top venture capitalists to A-list celebrities bought the act.
But during Bankman-Fried’s press junket of the last few weeks, the onetime wunderkind has spun a new narrative – one in which he was simply an inexperienced and novice businessman who was out of his depth, didn’t know what he was doing, and crucially, didn’t know what was happening at the businesses he founded.”
https://www.cnbc.com/2022/12/05/sam-bankman-fried-could-face-years-in-prison-over-ftx-meltdown.html
Oh by the way, China is quickly equipping its satellite’s with nuclear weapons, so while everyone marvels at SBF just remember that there are real consequences to freedom that malinvestment can cause in the future billionaire playground they seem to enjoy until it is turned to dust because they talk the talk and that’s all they do.
SBF buys off Democrat politicians who then encourage war with Russia, sent billions to Ukraine, that money ended up funneled to FTX which then funded the Democrats in the 2022 election, that’s the circle of corruption, but there’s more, the CEO of FTX is the daughter of the SEC former top employee ! Where’s the FBI? Oh they are pointing their guns at children whiles raiding homes of January 6th supporters and sniffing Melania’s panties in Mar a Lago. I’ll say again, China is equipping its satellites with nuclear weapons, where will the corrupt clowns be when they decide one day to turn the west they infiltrated to dust, invade and take our oil that Biden won’t drill for because he and his son are compromised by multiple nations? Wake up.
my posts are always theory and not financial advice
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