There is a rumour of FTX insolvency

[JohnnyDoe]

He should better be interviewed by a prosecutor

 

[OffshoreMonero]

They were too busy doing amphetamines and having group sex to manage other people's money correctly.

His ugly girlfriend was the company's human hot wallet.

 

[troubled soul]

11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall
https://www.bloomberg.com/news/feat...ied-s-bahamian-penthouse-after-ftx-s-collapse
LOL, Future fraudster can learn so many things from this guy....This guy is master manipulator .......I do not know why Major media outlet fell for his BS.....Now says that he 'misaccounted' $8 billion after FTX customers wired money to hedge fund Alameda and the cash was counted twice....total BS......He is not running exchange...He is running a ponzi scheme

 

[OffshoreMonero]

LOL, Future fraudster can learn so many things from this guy....This guy is master manipulator .......I do not know why Major media outlet fell for his BS.....Now says that he 'misaccounted' $8 billion after FTX customers wired money to hedge fund Alameda and the cash was counted twice....total BS......He is not running exchange...He is running a ponzi scheme

Haha! It's a ponzi tulip-mania sandwich!

 

[MagicMatt]

If FTT price does drop a lot before FTX/Alameda support it, then it would be a good time to stock up for trading discounts. I really wish I hadn't sold my BNB in 2017...

Well that turned out well

 

[khinkali]

@magicmat as you have presumably read, that comment follows some "if"s. FTT was supported by millions dollars per week at the time, and now has no apparent purpose.

So who is buying FTT? It is still trading a few $million per day on Binance, even though nobody apart from SBF seems to be talking about resurrecting FTX as a trading business

Given the frozen assets it isn't FTX or Alameda. So why is FTT up 5% in the last dozen days? Why has it been up 10% to even 25% at several times the last week or so? I can't see the buyers' motivation at this point.

 

[OffshoreMonero]

So who is buying FTT? It is still trading a few $million per day on Binance, even though nobody apart from SBF seems to be talking about resurrecting FTX as a trading business

I suspect it is mostly trading bots.

They'll let you trade dirty underwear on Binance if you can make it profitable for them.

 

[khinkali]

I suspect it is mostly trading bots.

But who programs a bot with the goal of "lets buy a few $million of FTT"? If it's your own capital then you'd just throw money away, unless you believe that momentum traders are going to dive into FTT which seems a stretch.

The spikes look more like pump groups. For example if someone Telegrammed a deepfake video of Elon announcing his FTX aquisition.

 

[OffshoreMonero]

But who programs a bot with the goal of "lets buy a few $million of FTT"? If it's your own capital then you'd just throw money away, unless you believe that momentum traders are going to dive into FTT which seems a stretch.

I didn't say the bots weren't owned by Binance itself.

Don't worry. The numbers aren't FAKU. LOL!

 

[khinkali]

@OffshoreMonero I should have guessed what you meant.

Many exchanges have fake volume, fake trades and/or fake orderboooks but I never thought to test Binance before!

 

[troubled soul]

Alameda Research CEO Caroline Ellison Reportedly Spotted at a Coffee Shop in Manhattan With FTX Dog 'Gopher'

 

[Konstanz]

SBF will not go to jail simply because FTX US is solvent and the one who "bancrupted" is FTX Bahamas company for international clients. Bahamas will not prosecute for this because they got hundred millions investments in Bahamas and US is only interested about US investors

 

[RealDude]

Alameda Research CEO Caroline Ellison Reportedly Spotted at a Coffee Shop in Manhattan With FTX Dog 'Gopher'

She is very pretty

 

[JackAlabama]

She is very pretty

Is she founding Polycule capital inc.?

 

[OffshoreMonero]

She looks like a greasy troll.

 

[FinTech Avenger]

No lawyer would work with SBF's case if one ever materialise just because this guy is popping around voice chats instead of preparing his legal position

 

[JohnnyDoe]

No lawyer would work with SBF's case if one ever materialise just because this guy is popping around voice chats instead of preparing his legal position

He is as clear as Joe Biden in his interviews

 

[sharklasers]

Those who are not able to see the common pattern in mtgox, quadriga and ftx, they deserve their fate.

 

[troubled soul]

https://www.businessinsider.in/cryp...amas-authorities-say/articleshow/96185230.cms
FTX Founder Sam Bankman-Fried, Who Lost $14.5 billion In A Day, Arrested

 

[JohnnyDoe]

That was well expected.
I find this news more interesting: FTX LIQUIDATOR IS FROZEN OUT: Access to company records blocked – and documents could be lost forever
Maybe the USA don’t want the Bahamas to discover details of the flux of money that went through FTX? Ukraine, Dems…