Topic: Bitcoin / FTX collapse
Rock's photo
Wed 11/23/22 06:20 PM
This is either a very unfortunate incident.
Or, it's the biggest case of fraud in decades.

This should be discussed.


http://www.npr.org/2022/11/23/1138881426/ftx-sam-bankman-fried-bankruptcy-crypto-cryptocurrency-collapse

stan_147's photo
Wed 11/23/22 07:15 PM
They’re just washing a little cash.

motowndowntown's photo
Wed 11/23/22 10:11 PM
Never, ever, invest in something you don't understand. Or in a company run by a thirty year old pothead.

 Ꮢ Ꭷ Ᏸ ɨ Ꮑ's photo
Wed 11/23/22 11:08 PM
Customers are the biggest losers as they have to fight for the money to get it back an that too won't be the whole amount.:no_mouth:

Bart's photo
Thu 11/24/22 06:00 AM
Millions of dollars were scammed from innocent investors and donated to politicians to campaign with. Mostly democrats were the recipients of this money stolen by a liberal scumbag thief. How many of these disgraceful politicians will give back the $ they knew was I’ll gotten when they got it. Probably none. … happy thanksgiving to all who love this country. To those offended by this holiday… F. You.

SparklingCrystal 💖💎's photo
Sat 11/26/22 09:56 AM
So if I understand correctly loads of people have lost their 'money' and this organisation was likely a huge scam?

This whole Bitcoin/cryptocurrency thing has always been mind-boggling to me. I prefer money that's legally minted by a country over anything weird and intangible.

motowndowntown's photo
Sat 11/26/22 10:18 AM

Millions of dollars were scammed from innocent investors and donated to politicians to campaign with. Mostly democrats were the recipients of this money stolen by a liberal scumbag thief. How many of these disgraceful politicians will give back the $ they knew was I’ll gotten when they got it. Probably none. … happy thanksgiving to all who love this country. To those offended by this holiday… F. You.


Yeah right, and don't forget about the billions of dollars donated to right wing republicans by the oil companies, the NRA, the tobacco lobbyists, the Koch brothers, coal companies, and others who rape the worlds natural resources and exploit the working man.

Bart's photo
Sat 11/26/22 12:32 PM
The difference is the money and donations you mentioned wasn’t stolen from unsuspecting investors. You totally missed the point I was making. .. or were you doing the democrats version of defending their acts by twisting and re-directing the facts?…

Mark's photo
Wed 11/30/22 02:27 PM
Edited by Mark on Wed 11/30/22 02:36 PM



I never bet a dime on any NFT or crypto, they have no tangible value or underlying asset, they're unregulated - what happened to FTX is just the beginning.

You cannot amass that amount of money into a private, unregulated pool and not expect human nature to kick in.


.

Mark's photo
Wed 11/30/22 02:33 PM
Edited by Mark on Wed 11/30/22 02:34 PM

Millions of dollars were scammed from innocent investors and donated to politicians to campaign with. Mostly democrats were the recipients of this money stolen by a liberal scumbag thief. How many of these disgraceful politicians will give back the $ they knew was I’ll gotten when they got it. Probably none. … happy thanksgiving to all who love this country. To those offended by this holiday… F. You.


It nauseates me that almost any given topic now gets linked to partisan accusation.

I nauseates me even more that bribery is now legal, thanks to the SCOTUS and Citizen's United / Buckley Valeo.

Worse than both though, you, so hell bent on fault finding you completely miss the big picture.

Dem's aren't the only party catering to the donor class

Both parties are owned and as long as there are enough people like you to only see "the other party" at fault, the problem continues.

The rule of law isn't a football game where you cheer for the home team regardless of right/wrong.

.

Bart's photo
Wed 11/30/22 04:38 PM


Millions of dollars were scammed from innocent investors and donated to politicians to campaign with. Mostly democrats were the recipients of this money stolen by a liberal scumbag thief. How many of these disgraceful politicians will give back the $ they knew was I’ll gotten when they got it. Probably none. … happy thanksgiving to all who love this country. To those offended by this holiday… F. You.


It nauseates me that almost any given topic now gets linked to partisan accusation.

I nauseates me even more that bribery is now legal, thanks to the SCOTUS and Citizen's United / Buckley Valeo.

Worse than both though, you, so hell bent on fault finding you completely miss the big picture.

Dem's aren't the only party catering to the donor class

Both parties are owned and as long as there are enough people like you to only see "the other party" at fault, the problem continues.

The rule of law isn't a football game where you cheer for the home team regardless of right/wrong.

.


Where did I say it was only democrats. If you took time to actually understand what someone was saying then you would see I said mostly democrats. And in this case I’m referring to , the facts are that about 90% of the millions in donations were donated to democrat politicians running for various offices. The point I am making is when it is a Republican in the midst of a ‘ scandal or a compromising position , the media , the president and the whole Democratic Party can’t wait to denounce that kind of behavior, but when it’s a democrat you hear nothing . The one person I did hear address this was Maxine Waters. When she was asked if the recipients should return the $ she said she “wasn’t all that aware of the donors actions but republicans took that money also you know”. . The reason I see only one party is because it’s the Democrats presently running this country. And they are killing the economy, people are spending on a average $450 more per month than we were a year or two ago. That is probably a fact you won’t hear from any democrat or their media… we are closer to a nuclear confrontation under Biden than we have been since the Bay of Pigs. The rule of law isn’t a ballgame I agree but the recent actions of the FBI say different .ie Hunter Biden story is Russian Conspiracy. Everybody now knows different. And they knew it when they were telling the media it wasn’t true. So no I don’t see the equal corruption you see. I see the double standard is running rampant in the Democratic Party and they don’t care one bit that everybody with a interest in fair play can see it.

Toodygirl5's photo
Fri 12/02/22 11:10 AM

The difference is the money and donations you mentioned wasn’t stolen from unsuspecting investors. You totally missed the point I was making. .. or were you doing the democrats version of defending their acts by twisting and re-directing the facts?…




:thumbsup:

Mark's photo
Fri 12/02/22 04:43 PM
Edited by Mark on Fri 12/02/22 04:53 PM

Where did I say it was only democrats.


Where did I say you said "it's only democrats"?


If you took time to actually understand what someone was saying then you would see I said mostly democrats. And in this case I’m referring to , the facts are that about 90% of the millions in donations were donated to democrat politicians running for various offices.


Republicans only receive 10% of all campaign money, Dems get 90%?

Or, maybe you meant to say that Dems get more small individual donors, but - oops- forgot to mention the Republicans get much more in high net worth and corporate donations.

The point I am making is when it is a Republican in the midst of a ‘ scandal or a compromising position , the media , the president and the whole Democratic Party can’t wait to denounce that kind of behavior, but when it’s a democrat you hear nothing .


So, Anthony Weiner was left alone, Pelosi's insider trading was ignored, Edwards. and Clinton's indiscretions were ignored too, eh?

By the end of Clinton's presidency I'd stopped watching the news, you couldn't watch 15 minutes without a "breaking story" about it.


The one person I did hear address this was Maxine Waters. When she was asked if the recipients should return the $ she said she “wasn’t all that aware of the donors actions but republicans took that money also you know”. . The reason I see only one party is because it’s the Democrats presently running this country. And they are killing the economy, people are spending on a average $450 more per month than we were a year or two ago. That is probably a fact you won’t hear from any democrat or their media…


The Fed radically cut rates to less than 3% at the same time the public was being slathered in stimulus, that happened under Trump.

we are closer to a nuclear confrontation under Biden than we have been since the Bay of Pigs.


It's probably a good time to remind you how we got through the Cuban missile show-down that followed, we had a president with the balls to stand up against Russia.

Trump, alternatively, wrote love letters and went on dates with despots....it was a touching story of unrequited love...sob...sniffle.

The rule of law isn’t a ballgame I agree but the recent actions of the FBI say different .ie Hunter Biden story is Russian Conspiracy. Everybody now knows different. And they knew it when they were telling the media it wasn’t true. So no I don’t see the equal corruption you see. I see the double standard is running rampant in the Democratic Party and they don’t care one bit that everybody with a interest in fair play can see it.



Hunter had an Email from a prospect making an offer to give "the big guy" a piece of the deal.

He never replied.

This is going to be another Benghazi investigation, or another Durham, where we pay millions in taxes to get nothing.

The one thing of potential use in investigating Hunter is that he did have porn on that laptop...

It's important for the public to know, was it "naughty nurses"? maybe "The mailman"? or, perhaps Hentai, this is extremely important info for the public to know - We definitely need to spend millions in taxes to learn more.








Mark's photo
Fri 12/02/22 04:49 PM
Edited by Mark on Fri 12/02/22 04:50 PM
Error

Bart's photo
Sat 12/03/22 05:54 AM


Where did I say it was only democrats.


Where did I say you said "it's only democrats"?


If you took time to actually understand what someone was saying then you would see I said mostly democrats. And in this case I’m referring to , the facts are that about 90% of the millions in donations were donated to democrat politicians running for various offices.


Republicans only receive 10% of all campaign money, Dems get 90%?

Or, maybe you meant to say that Dems get more small individual donors, but - oops- forgot to mention the Republicans get much more in high net worth and corporate donations.

The point I am making is when it is a Republican in the midst of a ‘ scandal or a compromising position , the media , the president and the whole Democratic Party can’t wait to denounce that kind of behavior, but when it’s a democrat you hear nothing .


So, Anthony Weiner was left alone, Pelosi's insider trading was ignored, Edwards. and Clinton's indiscretions were ignored too, eh?

By the end of Clinton's presidency I'd stopped watching the news, you couldn't watch 15 minutes without a "breaking story" about it.


The one person I did hear address this was Maxine Waters. When she was asked if the recipients should return the $ she said she “wasn’t all that aware of the donors actions but republicans took that money also you know”. . The reason I see only one party is because it’s the Democrats presently running this country. And they are killing the economy, people are spending on a average $450 more per month than we were a year or two ago. That is probably a fact you won’t hear from any democrat or their media…


The Fed radically cut rates to less than 3% at the same time the public was being slathered in stimulus, that happened under Trump.

we are closer to a nuclear confrontation under Biden than we have been since the Bay of Pigs.


It's probably a good time to remind you how we got through the Cuban missile show-down that followed, we had a president with the balls to stand up against Russia.

Trump, alternatively, wrote love letters and went on dates with despots....it was a touching story of unrequited love...sob...sniffle.

The rule of law isn’t a ballgame I agree but the recent actions of the FBI say different .ie Hunter Biden story is Russian Conspiracy. Everybody now knows different. And they knew it when they were telling the media it wasn’t true. So no I don’t see the equal corruption you see. I see the double standard is running rampant in the Democratic Party and they don’t care one bit that everybody with a interest in fair play can see it.



Hunter had an Email from a prospect making an offer to give "the big guy" a piece of the deal.

He never replied.

This is going to be another Benghazi investigation, or another Durham, where we pay millions in taxes to get nothing.

The one thing of potential use in investigating Hunter is that he did have porn on that laptop...

It's important for the public to know, was it "naughty nurses"? maybe "The mailman"? or, perhaps Hentai, this is extremely important info for the public to know - We definitely need to spend millions in taxes to learn more.








keep refusing to see what is going on with the FBI cover ups and our economy going to hell. .. yea Kennedy had balls and nobody crossed the line while Trump was in office. Now with Biden in office our adversaries see the weakness he portrays and they are getting more brazen… obviously you are confusing the Trump for Biden. Under Trump the economy was great, people weren’t going broke because he had sound policies. Just the opposite under Biden . True the covid pandemic stopped the Trump economy from continuing. Than Biden came in and ruined what hadn’t crashed already. To be clear “ disagreement isn’t hate” although that is what dems want everyone to believe. “ If You Disagree with a Democrat Your a Racist, Maga Republican. Keep supporting this imbecile in the White House and watch how fast the greatest country in the world will descend into another chit hole country.

Bart's photo
Tue 12/13/22 06:25 PM
Curious how the ftx, bitcoin ceo Sam Bankman Freed was arrested the day before he was to sit down in front of congress and answer some very important questions. Now that won’t happen…I wonder what information about inside players and any recipients of the missing investments
($$$) may have come out and was there a interest to not have that hearing happen… charges were brought by the SEC and he was arrested in the Bahamas.