“There is a risk that this man will be in a position to do something very bad in the future."...
"His life in recent years has been one of unmatched greed and hubris; of ambition and rationalization; and courting risk and gambling repeatedly with other people's money."...
He couldn't talk his way out of this one....
“We have been in discussions with attorneys for the FTX debtors to recover these gifts and we will be returning the funds in their entirety”...
SBF's former girlfriend is expected to be an important witness in the fraud trial this fall...
Sam Bankman-Fried released on $250 million bond secured by his parents' $4 million home, not $250 million cash bail as originally reported....
The reasons why general citizens should not talk to the police are the flip side of why the feds should have wanted to have Dem Crypto King to testify to congress. There was zero upside for Dem Crypto King, and only upside for the feds....
The only potential downside to Dem Crypto King testifying before Congress today was for Democrats if Republicans got to question him about his political donations and ties to Democrats. Do you believe in coincidence?...
"USA Damian Williams: Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY."...
"Bankman-Fried - the second biggest donor to Democrats behind George Soros - has all but admitted that he squandered billions of dollars of other people’s money carelessly"...
"It also offers a lesson: the world's recent obsession with knighting these quirky kids and holding them up as standard bearers simply because what they do seems complex is not wise. And worse, it's directly contradictory to the original ethos of the space."...
Sam Bankman-Fried described as a "Devil in Nerd's Clothes"...
