Thursday, November 2, 2023

Bye, Bye, SBF

FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president — hit a new bottom Thursday when a New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.

Guilty on all charges. The jury was out just over three hours, including time for supper. That suggests that Sam did himself no favors by testifying.

7 comments:

  1. Waiting on your take on Trump’s “January 6th Anthem”.

    ReplyDelete
  2. That's a thing?

    Everyone who supports Trump falls into one or more of these categories:

    1) Racists;
    2) Christian Talibanistas;
    3) Russian sympathizers;
    4) People who hate democracy; and
    5) Morons.

    ReplyDelete
  3. Perhaps Sam can through his hat in the ring as a VP candidate. It would own the Libs.

    ReplyDelete
  4. Looks like SBF bit off more coin than he could chew.

    Prison food will about the same consistency.

    ReplyDelete
  5. https://www.newsweek.com/video-trump-takes-stage-j6-hostages-song-that-beat-taylor-swift-1840525

    ReplyDelete
  6. SBF was a master of deceit and self-deceit...The New Yorker unloaded on him and Stanford in this article
    https://www.newyorker.com/books/under-review/the-marvellous-boys-of-palo-alto

    ReplyDelete

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