Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Sam Bankman-Fried Wiped Out in Days (FTX)
  1. Results 301 to 330 of 820
  2. Page 11 of 28
  3. First
  5. 9
  6. 10
  7. 11
  8. 12
  9. 13
  11. Last

Thread: Sam Bankman-Fried Wiped Out in Days (FTX)

post 1671872673 11-27-2022, 10:20 PM
-
#301
  1. -JR
  2. Not Joe Rogan
  1. -JR
  2. Not Joe Rogan
  3. Join Date: Jul 2008
  4. Posts: 6,032
  5. Rep Power: 43118
Originally Posted By gwg77⏩
Dude has our whole government paid off and also has the Bahamian government paid off. He actually had Congressmen try to stymie an SEC investigation into him earlier this year.


Disgusting. No rules for thee, as long as you gimme the money.
-Virtue is its own reward

-Survived misc outage 2022 crew
-My old username (Johnez) did not survive outage :-(
post 1671873203 11-27-2022, 10:38 PM
-
#302
  1. elterrible987
  2. Banned
  1. elterrible987
  2. Banned
  3. Join Date: Jan 2010
  4. Posts: 51,859
  5. Rep Power: 0
Originally Posted By gwg77⏩
Yeah that came into my feed but I haven't watched it yet. I been watching the videos done by Coffeezilla on youtube. I'll check it out though. I think I sub to Cold Fusion. Thanks.

Yeah, a few pages back I went into how the VCs did zero due diligence. And then when it collapsed, they all came out and said they performed rigorous due diligence on FTX before they invested. But they seemed to have missed the lack of Board of Directors, CFO, audited financial statements, etc. Just Lmao.
theres a part in there when he took a phone call while playing league of legends to talk to some retard managing 300 million dollars and didnt even stop his game and the retards with the real money thought it was so cool and he was this genius zoomer and loved his style or some dumb chit and transferred the funds over. its 300 million, you could fly out a team of CPAs down to the bahamas to audit them first or some chit, shows what a joke the investment industry is.
post 1671873333 11-27-2022, 10:47 PM
-
#303
  1. LinuxJon
  1. LinuxJon
  3. Join Date: Apr 2014
  4. Location: California, United States
  5. Posts: 49,073
  6. Rep Power: 325966
Originally Posted By 128⏩
Has this been posted already? This guy called it 7 months ago

That interview with SBF is incredible.

It's pretty clear how crypto is being exposed. It's run by the same people who think they are brilliant day traders during a boom in the overall market.

Crypto markets haven't existed during a recession yet. A bunch of people are gonna get checked when "money goes in, it goes up, ha ha" stops working.
480s / 370b / 495d / 235 x 2 SOHP

Trump 2020
DeSantis 2024
Catbrah 2032

Misc Firearms Crew
Misc Wristwatch Crew
Will sell wife's foot pics for watch/gun money crew
Definitely not a fed crew
post 1671927223 11-28-2022, 08:35 PM
-
#304
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Another one bites the dust. BlockFi bankruptcy. And earlier today they were trying to sue FTX for SBF's Robinhood Shares that he used as collateral - somewhere in the ballpark of $600m.


post 1671936123 11-28-2022, 11:28 PM
-
#305
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
post 1671976683 11-29-2022, 02:38 PM
-
#306
  1. ghostfacedup
  2. Registered User
  1. ghostfacedup
  2. Registered User
  3. Join Date: Apr 2005
  4. Posts: 16,948
  5. Rep Power: 80672
damn, what ethnicity is this guy? anyone know?
post 1671985963 11-29-2022, 05:03 PM
-
#307
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Newly Released Audio Interview with SBF on 11/16/2022







Read about it here:

https://www.coindesk.com/business/20...dio-interview/
post 1671988933 11-29-2022, 06:00 PM
-
#308
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
^^^Tweets summarizing the interview above:













post 1671988993 11-29-2022, 06:01 PM
-
#309
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Continued:







post 1671989323 11-29-2022, 06:06 PM
-
#310
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
post 1671989823 11-29-2022, 06:14 PM
-
#311
  1. BlckstOleander
  2. Registered User
  1. BlckstOleander
  2. Registered User
  3. Join Date: Sep 2022
  4. Age: 56
  5. Posts: 464
  6. Rep Power: 6421
I'm still surprised this isn't a more mainstream story, considering all the celeb endorsements this sleazy couple and their scam had.
post 1671990463 11-29-2022, 06:25 PM
-
#312
  1. 128
  2. We on TV?
  1. 128
  2. We on TV?
  3. Join Date: Mar 2005
  4. Location: United States
  5. Posts: 64,672
  6. Rep Power: 351111
Originally Posted By BlckstOleander⏩
I'm still surprised this isn't a more mainstream story, considering all the celeb endorsements this sleazy couple and their scam had.
It's just the biggest fraud since Enron, not like he did anything newsworthy like say something offensive
post 1672004843 11-29-2022, 10:51 PM
-
#313
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
But what did he do with the $1 billion personal loan that he took out from FTX?





"Am I allowed to say a negative number?" he said, when asked about his personal finances. "I mean, I have no idea. I don't know. I had $100,000 in my bank account last I checked," he said.

"It's complicated. Basically everything I had was just tied up in the company," he added.

His personal wealth at one point reached $26.5 billion.
https://www.axios.com/2022/11/29/sam...ftc-regulation
post 1672005233 11-29-2022, 11:02 PM
-
#314
  1. SYKO227
  2. making Bert decals
  1. SYKO227
  2. making Bert decals
  3. Join Date: Sep 2009
  4. Location: Texas, United States
  5. Posts: 13,679
  6. Rep Power: 43122
Originally Posted By ghostfacedup⏩
damn, what ethnicity is this guy? anyone know?
****g0t ethnicity
*MFC*
*MAGA*



"I've always wanted to kick a duck up the arse" - Karl Pilkington

WWG1WGA
post 1672005813 11-29-2022, 11:11 PM
-
#315
  1. -JR
  2. Not Joe Rogan
  1. -JR
  2. Not Joe Rogan
  3. Join Date: Jul 2008
  4. Posts: 6,032
  5. Rep Power: 43118
Originally Posted By gwg77⏩
But what did he do with the $1 billion personal loan that he took out from FTX?










https://www.axios.com/2022/11/29/sam...ftc-regulation
Lol at taking this guy at his word. He's playing dumb and people sri fall for it hook line and sinker.
-Virtue is its own reward

-Survived misc outage 2022 crew
-My old username (Johnez) did not survive outage :-(
post 1672007403 11-29-2022, 11:44 PM
-
#316
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Originally Posted By -JR⏩
Lol at taking this guy at his word. He's playing dumb and people sri fall for it hook line and sinker.
TBH, I don't think anyone believes him. I'm interested in that $500m+ he invested in Silicon Valley VC firms like Sequoia and a couple others. Did that money come from his $1 billion personal loan from FTX or what?

(And yes, he took ~$215m from Sequoia and then supposedly invested $500m back into Sequoia and other firms in Silicon Valley.)


Edit: Looks like Alameda + his personal money via FTX Ventures made those Silicon Valley investments. FTX Ventures is one of the 134 subsidiaries that filed for bankruptcy.
FTX founder Sam Bankman-Fried was not only a tireless fundraiser from venture capital firms including Paradigm and Sequoia Capital, but also quietly made investments in those same funds, according to two people familiar with the matter. The unusual moves show how entangled Silicon Valley VC firms are in Bankman-Fried’s collapsing crypto empire, which has already forced these firms to mark down the value of their FTX stakes—previously worth hundreds of millions of dollars—to zero.

Bankman-Fried’s trading firm, Alameda Research, which had close ties with his crypto exchange FTX and which shut down this week, invested at least $20 million in Paradigm last year, according to two people with direct knowledge of the matter. Separately, Alameda Research and FTX Ventures, a venture arm backed by Bankman-Fried’s personal money, committed hundreds of millions of dollars to Sequoia Capital, Altimeter Capital Management and Multicoin Capital,according to four people familiar with the matter. Funds connected to Bankman-Fried also backed K5 Global, an advisory and investment fund run by Michael Kives, a close adviser to Bankman-Fried.
post 1672007653 11-29-2022, 11:51 PM
-
#317
  1. mesobuild
  2. Premium User
  1. mesobuild
  2. Premium User
  3. Join Date: May 2020
  4. Posts: 17,953
  5. Rep Power: 44402
Originally Posted By gwg77⏩
TBH, I don't think anyone believes him. I'm interested in that $500m+ he invested in Silicon Valley VC firms like Sequoia and a couple others. Did that money come from his $1 billion personal loan from FTX or what?

(And yes, he took ~$215m from Sequoia and then supposedly invested $500m back into Sequoia and other firms in Silicon Valley.)


Edit: Looks like Alameda + his personal money via FTX Ventures made those Silicon Valley investments. FTX Ventures is one of the 134 subsidiaries that filed for bankruptcy.
He's hiding the 1 billion to avoid having it seized. and joking about his bank account in bad faith
post 1672040733 11-30-2022, 01:30 PM
-
#318
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
SBF is a total disaster.

post 1672040923 11-30-2022, 01:31 PM
-
#319
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
5pm EST they will be livestreaming the Dealbook SBF interview. In the meantime, here is Larry Fink on getting ripped off by SBF.

Video:





post 1672046613 11-30-2022, 03:07 PM
-
#320
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
SBF Dealbook Livestream (WATCH NOW)

https://www.nytimes.com/live/2022/11...ried-interview

If you don't have NY Times subscription, you can watch here:

https://livenewsof.com/watch-cnbc-live-stream/
post 1672048563 11-30-2022, 03:44 PM
-
#321
  1. mesobuild
  2. Premium User
  1. mesobuild
  2. Premium User
  3. Join Date: May 2020
  4. Posts: 17,953
  5. Rep Power: 44402
dude has like sub 50 EQ
post 1672048943 11-30-2022, 03:54 PM
-
#322
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Originally Posted By mesobuild⏩
dude has like sub 50 EQ
You can tell he's lying through his teeth. He actually thinks he can talk his way out of it.
post 1672049783 11-30-2022, 04:10 PM
-
#323
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Sorkin said something like "Seems like you guys are all hopped on ******** having a sleepover party."

SBF tries to downplay it. Says he barely drinks and maybe only 20% of the company drinks.


Meanhile, FTX has a $55k unpaid tab at Margaritaville.
post 1672049963 11-30-2022, 04:14 PM
-
#324
  1. mesobuild
  2. Premium User
  1. mesobuild
  2. Premium User
  3. Join Date: May 2020
  4. Posts: 17,953
  5. Rep Power: 44402
"Sam, where did the money you were not allowed to touch go, including the $1.5 billion in loans you spent?"

"The Alameda trades became risky."

"You were not authorized to use the funds in any case."

"We donated to xyz, others donated used cars..."
post 1672050253 11-30-2022, 04:19 PM
-
#325
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Super long thread that live tweets the summary of the Dealbook Summit:








post 1672050353 11-30-2022, 04:21 PM
-
#326
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Originally Posted By mesobuild⏩
"Sam, where did the money you were not allowed to touch go, including the $1.5 billion in loans you spent?"

"The Alameda trades became risky."

"You were not authorized to use the funds in any case."

"We donated to xyz, others donated used cars..."
SBF is out of his mind for giving these interviews. He just kept obfuscating.
post 1672052503 11-30-2022, 05:11 PM
-
#327
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359






post 1672052683 11-30-2022, 05:15 PM
-
#328
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
post 1672052873 11-30-2022, 05:19 PM
-
#329
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Full Interview


post 1672058123 11-30-2022, 07:04 PM
-
#330
  1. gwg77
  1. gwg77
  3. Join Date: Oct 2017
  4. Location: United States
  5. Posts: 20,591
  6. Subscribers: 20
  7. Rep Power: 1104359
Coindesk has the complete transcript of the interview here to read:

https://www.coindesk.com/business/20...bankman-fried/
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts