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- Jul 6, 2020
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Don't you think that this tweet is some sort of prophecy that these people will fall from grace?
Pretty much the ride never endsTalks Of A Reboot
In the aftermath of Bankman-Fried's arrest, attorney John Jay Ray III, who specializes in restructuring insolvent companies, took over FTX last November. Ray stated that "[FTX] has begun the process of soliciting interested parties to the reboot of the FTX.com exchange," despite significant hurdles arising from stricter regulatory oversight and the ongoing bankruptcy proceedings. A revival of FTX is being discussed with potential investors.
The discussions include joint-venture arrangements and the possibility of compensating specific existing customers with a stake in the reorganized entity. People familiar with the matter said that Figure Technologies, a blockchain technology company, has expressed interest in supporting the revival of FTX.
Despite the regulatory challenges and criminal fraud allegations against FTX, Ray stated in January that customers and stakeholders believed in the fundamental viability of FTX's business model, prompting the establishment of a task force to explore the revival of the exchange.
- Gabe Bankman-Fried, the younger brother of FTX's founder, tried to buy the island nation of Nauru, a Delaware lawsuit alleges.
- The allegation was in a suit filed by attorneys from Sullivan & Cromwell, which is seeking to recover billions of dollars from Sam Bankman-Fried after the collapse of FTX.
- Nauru, with a population of about 12,000, is a little over 2,100 miles away from Brisbane, Australia.
Sam Bankman-Fried's younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker state, a lawsuit filed in Delaware bankruptcy court shows.
Gabe Bankman-Fried was looking at buying Nauru in the "event where 50%-99.99% of people die" to protect his philanthropic allies and create a genetically enhanced human species, according to the suit filed Thursday by attorneys from Sullivan & Cromwell, which is seeking to recover billions of dollars following the collapse of FTX.
Bunker life is a well-documented fixation among tech billionaires, particularly those who identify as doomsday preppers. There's also a fascination with buying large estates in the Pacific and even owning small islands there.
In his years running FTX, the elder Bankman-Fried brother touted a philanthropic lifestyle called effective altruism and established the philanthropic arm with that in mind. Devotees of effective altruism work to maximize their income so they can give away their money in a fashion they see as most beneficial to humankind.
Gabe Bankman-Fried was FTX's most visible presence in Washington, D.C., and was connected to bipartisan charitable donations that ran into the hundreds of millions. Along with an unnamed philanthropic officer of FTX, he considered buying Nauru, in part to foster "sensible regulation around human genetic enhancement, and build a lab there."
A representative for Nauru confirmed the island nation was not and has never been for sale.
Nauru, with a population of about 12,000, is a little over 2,100 miles away from Brisbane, Australia. It was there that FTX lawyers allege the Bankman-Fried team sought to establish an emergency base for itself and a select group of "EAs," or effective altruists.
In addition to serving as a haven in case of apocalypse, "probably there are other things it's useful to do with a sovereign country, too," according to a memo between the younger Bankman-Fried and the philanthropic advisor, which was noted in the suit.
Yeah SBF is getting SOME prison time. If the wannabe female Steve Jobs couldn't escape prison after having a child, SBF is FUCKED.SBF still has about 7 fraud and conspiracy charges against him, this campaign finance stuff was just the usual antics of the system protecting itself. They absolutely do not want investigators "following the money" into the political sphere, especially considering that it leads directly to Biden and top democrat members in Congress. Congress learned the danger of an independent investigation back with Ken Starr over Whitewater in the 1990s, this kind of blank check investigation stuff is only reserved for isolated political enemies like Trump with the Russiagate bullshit.
SBF literally looks like the stereotype of a beady eyed, dishonest jew from a propaganda poster.Yeah SBF is getting SOME prison time. If the wannabe female Steve Jobs couldn't escape prison after having a child, SBF is FUCKED.
LPT, don't steal (a large amount) from rich people, they take that shit personally and have enough cash left over to be vindictive with the legal system.
Also, SBF is a sloppy looking fat ass, along with his brother.
Who the fuck thought he was intelligent as he wasn't smart enough to be in decent shape and to look like he took a shower more than once a week.
Caroline Ellison the polycule Wood Nymph immediately threw SBF under the bus when FTX went bust.he had "crossed a line" by sharing private writings by former romantic partner Caroline Ellison with a New York Times reporter.
SBF is back in jail after his bail was revoked for witness tampering. (archive)
Caroline Ellison the polycule Wood Nymph immediately threw SBF under the bus when FTX went bust.
God smiled upon the Earth today, at least partiallySBF is back in jail after his bail was revoked for witness tampering. (archive)
Caroline Ellison the polycule Wood Nymph immediately threw SBF under the bus when FTX went bust.