Not going to be my proudest fap. - Jokes aside, this is fake and gay, nothing will be released.
(media.kotakuinaction2.win)
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But SBF founded Alameda Research.
Someone who believed in the Martingale strategy was put in a position to manage billions, and yet she will keep some money while he goes bankrupt after bailing her out.
Alameda overleveraged on FTT and that's what took them down. When Binance sold up, she got margin called and begged SBF to save her.
If she was his puppet, he would have let her fall to save FTX.
Yeah, so?
For someone who calls everyone and his dog a puppet, you sure as hell have trouble recognizing an actual puppet. You really think Bankman-Fat would be putting some thot in charge of billions? He put someone in charge who would do as he instructed.
LOL! Like Hitler, SBF did absolutely nothing wrong!
FTX was beyond saving, genius.
I think you grossly underestimate how much of a simp he is.
Never said that. My original post said he was a corrupt leftist sycophant.
What I said was that FTX wasn't built to fail, and it wouldn't have failed if he didn't simp himself to bankruptcy.
But it wasn't. FTT would have fallen quite far, but confidence would still be there. Did Baidu fail after a massive margin call sent their shares down heavily? All of the Chinese companies from the Archegos crash are still going, despite the huge falls in their share price from it. As long as the company had cash to cover deposits, nothing would happen. They did until he chose to save Alameda.
FTX died the moment he sent the money to her. Not a second earlier.
Do you have any proof? You don't get to be a billionaire by being a simp.
FTT is fake. Backed up by absolutely nothing. That is why it fell.
Imagine for a moment that this is true. Which is more likely, that he tried to save the multi-billion company that he owns because... he owns it, or because he is being bribed and blackmailed by THE WOMEN WHO ARE TRYING TO KILL US ALL?
He sent the money to Alameda years ago, but of course, you're just looking for a woman to blame. Per the usual.
Uhh, he founded a hedge fund to give it to his whore. There are regular people who give thousands to the likes of Pokimane. This is just that, on a way, way bigger scale.
So is CRO. So is BNB. These exchange coins are all backed by the exchange's credibility and little else.
FTX was a way bigger company than Alameda, and already had deep corrupt ties to all the people needed to keep it going for decades.
November 6th was when CoinDesk reported what happened. He took customer money out to save her - that's what killed FTX. FTT could fall to zero, but if they have enough money to cover the people who bought other crypto on FTX, that doesn't matter.