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Where does did all that money go? Is it part of a zero sum game and in someone else's hands now, did it evaporate, or a combination of the two?
by leet_thow 4y ago
Where does did all that money go? Is it part of a zero sum game and in someone else's hands now, did it evaporate, or a combination of the two?
- topranks 4y agoThat’s the 10 billion dollar question.
- siftrics 4y agoLiterally ~$50 million went straight to the Democratic Party as direct campaign donations. He stated he intended to give up to $1 billion to democrats. Millions more went to various other people in power who will now decide the fate of SBF. Sources: https://www.cnbc.com/2022/10/14/sam-bankman-fried-backtracks-from-1-billion-political-donation.html https://www.cnbc.com/2022/10/14/sam-bankman-fried-backtracks... His Wikipedia page.
- leet_thow 4y agoInteresting. I was reading his bio and noticed the do-gooder activities he and his family are involved with. Funny how they end up defrauding people in the long run.
- siftrics 4y ago"Motivated largely by his own awareness of the discreditable nature of his secret behavior, the covert deviant develops a presentation of self that is respectable to a fault. His whole lifestyle becomes an incarnation of what is proper and orthodox."--Laud Humphreys
- CyberDildonics 4y agoThis is actually a common pattern. Hedge fund manager Kyle Bass has given presentations where he says that charitable works is actually one of a handful of factors they look for when assessing a fraudulent company because the correlation is strong.
- rabuse 4y agoHim and Hillary Clinton would get along great. Reminds me of her Haiti fraud.
- conanbatt 4y agoI didn't know it was that much - do you have a source for it?
- rkagerer 4y agoCould creditors make a case those were stolen funds and try to claw some back?