There is a rumour of FTX insolvency

[troubled soul]

https://twitter.com/x/status/1598077374159261696
SAam Bankman-Fried says FTX US is "fully solvent" and "withdrawals could be opened up‌ today."

https://www.coindesk.com/business/2...eferral&utm_source=rss&utm_campaign=headlinesFull Transcript: NY Times' Interview With Sam Bankman-Fried

 

[OffshoreMonero]

My hero!

 

[troubled soul]

This guy isn't just a criminal. He's a CLOWN and your hero😎😎😎😎😎

 

[OffshoreMonero]

So he pays out in the Bahamas where people can physically get at him and‌ now in the USA where litigators can tear him apart. Seems legit.

 

[troubled soul]

Sam Bankman-Fried Interviewed Live About the Collapse of FTX

 

[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]

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

 

[MagicMatt]

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 at︀ this point.

 

[OffshoreMonero]

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]

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]

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]

https://twitter.com/x/status/1599466158893432832

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]

She is very pretty spa#¤%&

 

[JackAlabama]

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