WEF crypto trading company FTX goes pop.

philG
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11/17/2022 1:00pm
That article reports that Ukraine did not invest in FTX......
philG wrote:
Didnt watch the video then?
Didnt watch the video then?
early wrote:
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of...
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of any back channel from Ukraine back to Dems, at least not yet, FTX has a new CEO trying to sort through the bankruptcy mess, the way things are going anything is possible with these jackasses.
Its a ponzi scheme for the terminally stupid.

You can never fathom the stupidity of people in large numbers.
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11/17/2022 1:02pm
philG wrote:
Didnt watch the video then?
Didnt watch the video then?
early wrote:
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of...
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of any back channel from Ukraine back to Dems, at least not yet, FTX has a new CEO trying to sort through the bankruptcy mess, the way things are going anything is possible with these jackasses.
philG wrote:
Its a ponzi scheme for the terminally stupid.

You can never fathom the stupidity of people in large numbers.
Pretty sure that would be a kickback scheme of some sort, not a Ponzi scheme.
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PabstBR11
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11/17/2022 1:16pm
early wrote:
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of...
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of any back channel from Ukraine back to Dems, at least not yet, FTX has a new CEO trying to sort through the bankruptcy mess, the way things are going anything is possible with these jackasses.
philG wrote:
Its a ponzi scheme for the terminally stupid.

You can never fathom the stupidity of people in large numbers.
Pretty sure that would be a kickback scheme of some sort, not a Ponzi scheme.
I think that statement was referring to FTX as a company, not yalls previous conversation. I could be mistaken.
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reded301
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11/17/2022 2:56pm
That article reports that Ukraine did not invest in FTX......
philG wrote:
Didnt watch the video then?
Didnt watch the video then?
No, I read the article. I'm also still wondering what the relevance of "second biggest donor behind Soros" is and how this is related to that.
Get out of jail free card.

Madoff’s mistake was he stole from the top 10%. Had he stolen from the poor to help the rich he would have never seen the inside of a cell.
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The Shop

yak651
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Fantasy
11/17/2022 4:02pm
That article reports that Ukraine did not invest in FTX......
philG wrote:
Didnt watch the video then?
Didnt watch the video then?
early wrote:
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of...
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of any back channel from Ukraine back to Dems, at least not yet, FTX has a new CEO trying to sort through the bankruptcy mess, the way things are going anything is possible with these jackasses.
A lot of people take the 2000 mules video as fact, why wouldn’t they do they same for this?
early
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11/17/2022 6:13pm
philG wrote:
Didnt watch the video then?
Didnt watch the video then?
early wrote:
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of...
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of any back channel from Ukraine back to Dems, at least not yet, FTX has a new CEO trying to sort through the bankruptcy mess, the way things are going anything is possible with these jackasses.
yak651 wrote:
A lot of people take the 2000 mules video as fact, why wouldn’t they do they same for this?
A lot of people take the 2000 mules video as fact, why wouldn’t they do they same for this?
There's a 2000 mules thread where I thoroughly explain why it's (somewhat surprisingly) all BS.
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SEEMEFIRST
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11/17/2022 6:52pm
early wrote:
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of...
The video is all speculation, there is no information past FTX setup a channel for direct donations to the Ukraine gov. There is no proof of any back channel from Ukraine back to Dems, at least not yet, FTX has a new CEO trying to sort through the bankruptcy mess, the way things are going anything is possible with these jackasses.
yak651 wrote:
A lot of people take the 2000 mules video as fact, why wouldn’t they do they same for this?
A lot of people take the 2000 mules video as fact, why wouldn’t they do they same for this?
early wrote:
There's a 2000 mules thread where I thoroughly explain why it's (somewhat surprisingly) all BS.
The story about how the foxes are guarding the henhouse?
Yeah, I remember that.
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early
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11/17/2022 7:41pm
yak651 wrote:
A lot of people take the 2000 mules video as fact, why wouldn’t they do they same for this?
A lot of people take the 2000 mules video as fact, why wouldn’t they do they same for this?
early wrote:
There's a 2000 mules thread where I thoroughly explain why it's (somewhat surprisingly) all BS.
SEEMEFIRST wrote:
The story about how the foxes are guarding the henhouse?
Yeah, I remember that.
Nah, it's about how they said they had 8 million minutes of video from Georgia but not 1 mule on video, and their cell phone data maps looked like Uber eats drivers making deliveries.
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philG
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11/18/2022 2:24am
early wrote:
There's a 2000 mules thread where I thoroughly explain why it's (somewhat surprisingly) all BS.
SEEMEFIRST wrote:
The story about how the foxes are guarding the henhouse?
Yeah, I remember that.
early wrote:
Nah, it's about how they said they had 8 million minutes of video from Georgia but not 1 mule on video, and their cell phone data...
Nah, it's about how they said they had 8 million minutes of video from Georgia but not 1 mule on video, and their cell phone data maps looked like Uber eats drivers making deliveries.
I guess you didnt watch that either.
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early
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11/18/2022 4:59am
SEEMEFIRST wrote:
The story about how the foxes are guarding the henhouse?
Yeah, I remember that.
early wrote:
Nah, it's about how they said they had 8 million minutes of video from Georgia but not 1 mule on video, and their cell phone data...
Nah, it's about how they said they had 8 million minutes of video from Georgia but not 1 mule on video, and their cell phone data maps looked like Uber eats drivers making deliveries.
philG wrote:
I guess you didnt watch that either.
Oh, I watched it and I read true the votes white paper.
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reded301
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11/18/2022 6:12am

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TXDirt
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11/18/2022 6:15am
The people who want 87,000 additional IRS agents armed with weapons of war to track your $600 transactions, seemed to have ‘overlooked’ the DNC’s second largest donor absconding with billions.
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early
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11/18/2022 6:28am
IRS special agents have always been issued fire arms, this is nothing new, it's hype.
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TeamGreen
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11/18/2022 7:24am
reded301 wrote:
[img]https://p.vitalmx.com/photos/forums/2022/11/18/577256/s1200_6A9FD960_9C10_47E5_80D6_D6210B72E410.jpg[/img]

Someone is gonna accuse you of some kind of “2000 mules” scheme…

Grinning
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philG
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11/19/2022 3:39pm
Really , if this didnt tip off the investors that he wasnt legit, i have no fucking idea what would.


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lestat
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11/22/2022 7:30am
A whole bunch of people declining to comment … 🤣🤣

https://stocks.apple.com/A-uSovNqyTs-7QHkh5npbsA


“ NEW PROVIDENCE, Bahamas (Reuters) - Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.”


My favourite part …

“ The documents for another home with beach access in Old Fort Bay -- a gated community that was once home to a British colonial fort built in the 1700s to protect against pirates -- show Bankman-Fried’s parents, Stanford University law professors Joseph Bankman and Barbara Fried, as signatories. The property, one of the documents dated June 15 said, is for use as a “vacation home.”

“ When asked by Reuters why the couple decided to buy a vacation home in the Bahamas and how it was paid for -- whether in cash, with a mortgage or by a third party such as FTX -- a spokesman for the professors said only that Bankman and Fried had been trying to return the property to FTX.”
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philG
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11/22/2022 11:19am
Its amazing how this has dropped out of the news almost totally ...
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zehn
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11/22/2022 12:02pm
philG wrote:
Really , if this didnt tip off the investors that he wasnt legit, i have no fucking idea what would. [img]https://p.vitalmx.com/photos/forums/2022/11/19/577469/s1200_sbf.jpg[/img]
Really , if this didnt tip off the investors that he wasnt legit, i have no fucking idea what would.


Neither are attractive so this checks out pretty well
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jetbull721
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11/25/2022 8:47am
LOL, $2400 dollars to attend this.... well, it would have been anyways. Next week the New York Times in partnership with WEF partner Accenture is supposed...
LOL, $2400 dollars to attend this.... well, it would have been anyways.

Fricken crazy, looks like he's still on for this speaking event.


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avidchimp
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11/25/2022 3:58pm
They are all trash.
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lestat
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11/25/2022 4:10pm
jetbull721 wrote:
Fricken crazy, looks like he's still on for this speaking event. [img]https://p.vitalmx.com/photos/forums/2022/11/25/578343/s1200_sbf.jpg[/img]
Fricken crazy, looks like he's still on for this speaking event.


They say there is no honour amongst thieves … apparently no shame either . Meanwhile there’s probably some dude in jail somewhere because he was running a three card monte game on the sidewalk . 😬🤣
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G-man
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11/25/2022 10:33pm
Yep I am part of the clueless crowd when it comes to crypto (why I never purchased any) but stumbled upon this Joe Rogan Podcast who really is the King 🤴.

Can somebody break this down for the dummies like me who don't understand what happened?

Thanks in advance. Smile

https://youtu.be/zWV-EdsnYMk



philG
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11/27/2022 2:27am
G-man wrote:
Yep I am part of the clueless crowd when it comes to crypto (why I never purchased any) but stumbled upon this Joe Rogan Podcast who...
Yep I am part of the clueless crowd when it comes to crypto (why I never purchased any) but stumbled upon this Joe Rogan Podcast who really is the King 🤴.

Can somebody break this down for the dummies like me who don't understand what happened?

Thanks in advance. Smile

https://youtu.be/zWV-EdsnYMk



That was a good watch.

Again, it underlines the stupidity of greedy people in large numbers.

Dont get me started on NFT's.

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early
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11/28/2022 7:26am
Another crypto exchange BlockFi just filed for bankruptcy. A house of cards built with smoke and mirrors.
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avidchimp
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11/28/2022 8:27am
early wrote:
Another crypto exchange BlockFi just filed for bankruptcy. A house of cards built with smoke and mirrors.
Reminds me of the time in 1996 or so when a pyramid scheme was going around the studio lots. $700 buy in and if you got enough people to buy in you made something like 10 g's. It collapsed pretty quickly.
JM485
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11/28/2022 8:39am
early wrote:
Another crypto exchange BlockFi just filed for bankruptcy. A house of cards built with smoke and mirrors.
There's going to be a lot of contagion from this since FTX was so widespread throughout the crypto space, but that doesn't mean that these other exchanges were smoke and mirrors or even doing anything wrong. If Black Rock went out of business tomorrow you would see brokerage after brokerage go under after their funds were caught up in the collapse, and the exact same thing is happening here. Regardless of the politics or conspiracies of it all, a lot of really great companies are going to be innocent victims of this that had no way foreseeing something like this playing out, we're going to see the effects of this for a long time unfortunately.

My biggest worry is if DCG goes under they will have to liquidate the Greyscale Bitcoin trust, which would dump a massive supply on the market and absolutely tank prices. It seems unlikely, but their exchange is all but insolvent and this is still so new it's impossible to know the extent of the potential damage.
FLmxer
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11/28/2022 8:42am
I put my change in crypto. If I bought a stock for 98$. I rounded up and spread the $2 across the crypto available. I did that just a few times before noticing one was up 50k. I took 40k out. I don't have to understand it. If it is never worth anything again I feel ok about it. I have about 20 million shares of Shibu and a few dozen others for peanuts. Might be worthless but better than a scratch off.
I bought 40 acres, alta. Tractor and 4 vehicles off 12,500 invested total flipping stocks while Trump was in office. Still have 100k in that account. Timing is everything. I also took 100k of that profit and tried a risky play on a certain stock and its worth about 2k today which I new better after this administration took over and ruined the game. Oh well can't lose at this point no matter how hard they try...
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