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> Bankman-Fried claims ownership of the shares, seeking a source of payment for legal expenses, according to FTX. These shares must have completely slipped his
by mannykannot 4y ago
> Bankman-Fried claims ownership of the shares, seeking a source of payment for legal expenses, according to FTX.
These shares must have completely slipped his mind when he said all he had left was $100k in his bank account.
https://www.axios.com/2022/11/29/sam-bankman-fried-100000-ftx-cftc-regulation https://www.axios.com/2022/11/29/sam-bankman-fried-100000-ft...
- SkyMarshal 4y agoTechnically, Robinhood isn't a bank account...
- VHRanger 4y agoHe was telling the truth! The shares weren't in his bank account, they were in his brokerage account
- mannykannot 4y agoSBF, from the same article: "Basically everything I had was just tied up in the company." Of course, he's been dissembling all the way down.
- britneybitch 4y agoCarefully chosen words. A brokerage is not a bank account. Also, a crypto wallet is not a bank account.
- TechBro8615 4y ago"It's all fungible" - SBF
- deleted 4y ago[deleted]
- psychlops 4y agoPretty sure "he didn't have the numbers in front of him" when he answered.
- bmitc 4y agoThey must have been "mislabeled".