FTX collapse was not a liquidity crisis

[engineering]

That report is from Ben Swann.

According to Wikipedia, Ben Swann

reported on conspiracy theories about the 2012 Aurora, Colorado shooting, questioned the truth of the Sandy Hook Elementary School shooting, presented 9/11 conspiracy theories, and the false claims of a cover-up by the CDC of data related to the MMR vaccine and autism. He has also questioned the use of chemical weapons in the Syrian Civil War, whether United States had a role in the development of the Islamic State, and other controversial topics.

In 2017, after his employer, CBS affiliate 46 in Atlanta, aired a Reality Check which presented the false Pizzagate conspiracy theory as potentially true, Swann was forced by WGCL to bring down his Truth in Media website and all of his social media. About a year later, he was fired when WGCL learned that Swann was planning to relaunch Truth in Media.

I think I'll look elsewhere for news about FTX.

Hahaha. I think you should go through that list and find out how many of those "conspiracy theories" turned out to be true.

Or are you the kind of person who pretends Hunter's laptop was "Russian disinformation" and Ghislaine Maxwell some how committed sex trafficking offenses without having any clients?

 

[destriero]

Here's the problem with SBF or that gerbil Caroline going to jail... US holders are made whole as FTX.US was regulated. Hypothecating the .com clients into Alameda would be fraud in the US but they have no jurisdiction on the Bahamas corp.

The good news? There is a group of Kazakh hitters looking for those two.

 

[newwurldmn]

Here's the problem with SBF or that gerbil Caroline going to jail... US holders are made whole as FTX.US was regulated. Hypothecating the .com clients into Alameda would be fraud in the US but they have no jurisdiction on the Bahamas corp.

The good news? There is a group of Kazakh hitters looking for those two.

Patrick Boyle (a youtuber with a proper Irish wit) speculates that the hack was really SBF pulling funds for the bahamian authorities.

He also said that FTX.US was actually about as regulated similar to TurboTax and so there might be little protection for US holders. They weren't regulated like a bank (FDIC) or broker (SPIC) or as an exchange (whatever SRO would support that).

 

[destriero]

Thursday’s announcement by the Securities Commission of the Bahamas (SCB) that on November 12, the SCB “took the action of directing the transfer of all digital assets of FTX Digital Markets Ltd. (FTX DM) to a digital wallet controlled by the Commission, for safekeeping.” FTX’s former CEO/founder Sam Bankman-Fried reportedly organized the transfers at the Bahamian government’s direction.

 

[M.W.]

Lol, 'gerbil'. Dude you are a walking dictionary. Where do you pick up those words?

Here's the problem with SBF or that gerbil Caroline going to jail... US holders are made whole as FTX.US was regulated. Hypothecating the .com clients into Alameda would be fraud in the US but they have no jurisdiction on the Bahamas corp.

The good news? There is a group of Kazakh hitters looking for those two.

 

[M.W.]

But several US based equity firms invested directly in the HK and Bahamian units if I read correctly.

Here's the problem with SBF or that gerbil Caroline going to jail... US holders are made whole as FTX.US was regulated. Hypothecating the .com clients into Alameda would be fraud in the US but they have no jurisdiction on the Bahamas corp.

The good news? There is a group of Kazakh hitters looking for those two.

 

[easymon1]

Ummm... yeah, right. And Michigan Gov. Gretchen Whitmer is George Soros' niece.
How 'bout some names, Dude? What are the names of Caroline Ellison's parents? And how is the SEC Head? And who was that person's former boss?
How 'bout some verifiable--or falsifiable--information?
This is pure horseshit.

https://www.businessinsider.com/car...GZk6akIIGFOFFX8dl5zTIbUQAuQ3J9XVq7bBgtVEYLiR4

 

[The_Krakenite]

 

[Nobert]

Elizabeth Holmes will spend 11 years in jail.

 

[The_Krakenite]