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Didn't CZ recently bring down SBF. The same SBF who was defrauding cypto investors and handing out their money to democrat politicians. The same SBF who got kid
by FreeTrade 4y ago
Didn't CZ recently bring down SBF. The same SBF who was defrauding cypto investors and handing out their money to democrat politicians. The same SBF who got kid gloves treatment from the democrat NYT?
CZ is one of the better guys in crypto and this whole thing stinks.
- JumpCrisscross 4y ago> CZ recently bring down SBF Did he? FTX went to CZ for help. CZ looked at their notoriously-shit balance sheet and ran scared.
- PaywallBuster 4y agohe was certainly a key player > SBF jokes CZ couldn't visit the US > CZ announces he will sell his full stake in FTT (a huge percent of the float) > Alameda was extremely leveraged _based on their FTT holdings_, once FTT started crashing they went under water on their leverage and started fire selling assets at a loss > some of those assets belonged to FTX custumers
- FreeTrade 4y agoI wonder if some of the well connected beneficiaries of SBF's largesse were happy about this.