FTX = get out now!!

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    SBR MVP
    • 01-09-18
    • 3401

    #1
    FTX = get out now!!
    Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites 'Recent Revelations'

    Binance To Sell $529 Million of Bankman-Fried’s FTT Token

  • Optional
    Administrator
    • 06-10-10
    • 60711

    #2
    Sounds like Binance is trying to hurt a competitor they say back stabbed them?

    Does not appear to be working very well looking at the price action?
    .
    Comment
    • icon
      SBR MVP
      • 01-09-18
      • 3401

      #3
      "FTX & Alameda Research seem to hold ~ 8 Billion in FTT tokens like that. The catch? The market cap is only 3 billion. 5 Billion could potentially be false reported money on their balance sheet."
      Comment
      • wombat
        SBR MVP
        • 11-23-20
        • 1022

        #4
        Binance is looking to fully acquire FTX now
        Comment
        • TheLock
          SBR Posting Legend
          • 04-06-08
          • 14427

          #5
          Who would have thought that an exchange that spent millions and millions of dollars on SuperBowl and World Series ads would go broke?
          Comment
          • icon
            SBR MVP
            • 01-09-18
            • 3401

            #6
            Binance Walks Away From FTX Acquisition

            Comment
            • Bostongambler
              BARRELED IN @ SBR!
              • 02-01-08
              • 35581

              #7
              Is Sam going to be able to sleep tonight?
              Comment
              • Darkside Magick
                SBR Posting Legend
                • 05-28-10
                • 12638

                #8
                Chapter 11
                Comment
                • wombat
                  SBR MVP
                  • 11-23-20
                  • 1022

                  #9
                  Never trust anyone that has a haircut like the FTX CEO.
                  Comment
                  • BOWLSZN
                    SBR High Roller
                    • 12-22-17
                    • 196

                    #10
                    Wonder if Crypto.com is next
                    Comment
                    • raiders72001
                      Senior Member
                      • 08-10-05
                      • 11019

                      #11
                      It's going to get ugly and swing trading is a good idea right now since news will move this market up and down.
                      Comment
                      • themike78
                        SBR MVP
                        • 07-01-13
                        • 4873

                        #12
                        Next week all crypto exchanges will be gone forever.
                        Comment
                        • TheMoneyShot
                          BARRELED IN @ SBR!
                          • 02-14-07
                          • 28672

                          #13
                          Brady and Gisele had a huge contract with FTX... uh oh

                          Not that they really need the money.... but a contract is a contract.
                          Comment
                          • Thefix13
                            SBR Wise Guy
                            • 05-14-21
                            • 664

                            #14
                            He's got 5 more years in the league to recover that lost contract. The bionic arm is in development.
                            Comment
                            • Keith Richard
                              SBR MVP
                              • 07-06-06
                              • 1576

                              #15
                              Originally posted by BOWLSZN
                              Wonder if Crypto.com is next
                              Oh oh��
                              Comment
                              • Optional
                                Administrator
                                • 06-10-10
                                • 60711

                                #16
                                Derivative traders and staking middle men all going broke can only be good for the industry long term.
                                .
                                Comment
                                • raiders72001
                                  Senior Member
                                  • 08-10-05
                                  • 11019

                                  #17
                                  Originally posted by Optional
                                  Derivative traders and staking middle men all going broke can only be good for the industry long term.
                                  Bear markets also shake out the scam tokens.
                                  Comment
                                  • raiders72001
                                    Senior Member
                                    • 08-10-05
                                    • 11019

                                    #18
                                    At least this didn't happen during a bull run.
                                    Comment
                                    • xKMACKx
                                      SBR MVP
                                      • 11-16-08
                                      • 1274

                                      #19
                                      Originally posted by raiders72001
                                      At least this didn't happen during a bull run.
                                      Of course not. These scams always come to the surface when the price is dropping.
                                      Comment
                                      • eddycash
                                        SBR MVP
                                        • 11-06-13
                                        • 4520

                                        #20
                                        Dang anybody stuck with funds on Blockfi?
                                        Comment
                                        • comet52
                                          SBR Hustler
                                          • 10-16-19
                                          • 59

                                          #21
                                          Another crypto ponzi bites the dust. Why is anyone surprised?
                                          Comment
                                          • raiders72001
                                            Senior Member
                                            • 08-10-05
                                            • 11019

                                            #22
                                            SEC Chair old boss at MIT is the father of Caroline Ellison who is the Co CEO of Alameda research.
                                            https://twitter.com/whalechart/statu...55151472353280
                                            Comment
                                            • wombat
                                              SBR MVP
                                              • 11-23-20
                                              • 1022

                                              #23
                                              Why hasn’t criminal charges been brought against this guy and his crew yet. siphoning billions of dollars in customers funds to another interest sounds illegal to me.
                                              Comment
                                              • lonegambler23
                                                SBR Hall of Famer
                                                • 06-22-16
                                                • 9761

                                                #24
                                                no clue how to get this cash out of fukking crypto.com hvae like 76 million of shiba. says only multiples of 1000 to cash out?
                                                Comment
                                                • eddycash
                                                  SBR MVP
                                                  • 11-06-13
                                                  • 4520

                                                  #25
                                                  Originally posted by lonegambler23
                                                  no clue how to get this cash out of fukking crypto.com hvae like 76 million of shiba. says only multiples of 1000 to cash out?
                                                  Sell that crap or swap it into BTC
                                                  Comment
                                                  • lonegambler23
                                                    SBR Hall of Famer
                                                    • 06-22-16
                                                    • 9761

                                                    #26
                                                    Originally posted by eddycash
                                                    Sell that crap or swap it into BTC
                                                    im tryin to lol only option is ETH and its not letting me
                                                    Comment
                                                    • eddycash
                                                      SBR MVP
                                                      • 11-06-13
                                                      • 4520

                                                      #27
                                                      Originally posted by lonegambler23
                                                      im tryin to lol only option is ETH and its not letting me
                                                      Usually all the big coins are available to swap into. I always see BTC as one of the top choices on their menu. After you press sell, it provides a list of coins and BTC is right above ETH.
                                                      Comment
                                                      • TheLock
                                                        SBR Posting Legend
                                                        • 04-06-08
                                                        • 14427

                                                        #28
                                                        Originally posted by wombat
                                                        Why hasn’t criminal charges been brought against this guy and his crew yet. siphoning billions of dollars in customers funds to another interest sounds illegal to me.
                                                        Criminal complaints and evidence collection for an indictment don’t magically appear. It will take some time.
                                                        Comment
                                                        • wombat
                                                          SBR MVP
                                                          • 11-23-20
                                                          • 1022

                                                          #29
                                                          Originally posted by TheLock
                                                          Criminal complaints and evidence collection for an indictment don’t magically appear. It will take some time.
                                                          They need to press charges soon so that he doesn’t disappear like that Luna CEO who is currently on the run.
                                                          Comment
                                                          • raiders72001
                                                            Senior Member
                                                            • 08-10-05
                                                            • 11019

                                                            #30
                                                            Posted in the other thread too but FTX APP is Malware.
                                                            Comment
                                                            • wombat
                                                              SBR MVP
                                                              • 11-23-20
                                                              • 1022

                                                              #31
                                                              Never trust a CEO with a hairdo like this:
                                                              Comment
                                                              • raiders72001
                                                                Senior Member
                                                                • 08-10-05
                                                                • 11019

                                                                #32
                                                                NYT makes SBF look like a good guy
                                                                Mr. Bankman-Fried’s circle of colleagues was bound by a commitment to effective altruism, a charitable movement that urges adherents to give away their wealth in efficient and logical ways. For co-workers outside the clique, it was sometimes difficult to get time to speak with Mr. Bankman Fried, a person familiar with the matter said. And Mr. Bankman-Fried made it a point of pride that FTX had only about a 300-person staff, much smaller than its top rivals, Binance and Coinbase.

                                                                Even as he kept hiring down, Mr. Bankman-Fried built an ambitious philanthropic operation, invested in dozens of other crypto companies, bought stock in the trading firm Robinhood, donated to political campaigns, gave media interviews and offered Elon Musk billions of dollars to help finance the mogul’s Twitter takeover
                                                                Comment
                                                                • Arky
                                                                  SBR MVP
                                                                  • 12-09-11
                                                                  • 1093

                                                                  #33
                                                                  Originally posted by raiders72001
                                                                  Not surprising.

                                                                  1. Comes out of nowhere with the means to do a crypto startup.

                                                                  2. Gets celebrities to endorse him. Big bucks spent on branding and marketing.

                                                                  3. Links to the Democratic party.

                                                                  4. He's a [ethnicity you're not allowed to speak of on the internet]. Just like Madoff.

                                                                  5. Links to World Economic Forum.

                                                                  6. Not arrested - free as a bird.

                                                                  7. Links to Ukraine.

                                                                  Is he a pawn/soldier of the globalists? If you've got an inner "conspiracy theorist" like I do, it's going nuts right now.....
                                                                  Comment
                                                                  • raiders72001
                                                                    Senior Member
                                                                    • 08-10-05
                                                                    • 11019

                                                                    #34
                                                                    Originally posted by Arky
                                                                    Not surprising.

                                                                    1. Comes out of nowhere with the means to do a crypto startup.

                                                                    2. Gets celebrities to endorse him. Big bucks spent on branding and marketing.

                                                                    3. Links to the Democratic party.

                                                                    4. He's a [ethnicity you're not allowed to speak of on the internet]. Just like Madoff.

                                                                    5. Links to World Economic Forum.

                                                                    6. Not arrested - free as a bird.

                                                                    7. Links to Ukraine.

                                                                    Is he a pawn/soldier of the globalists? If you've got an inner "conspiracy theorist" like I do, it's going nuts right now.....
                                                                    Let's add that the story didn't come out until after the midterms.
                                                                    Comment
                                                                    • Optional
                                                                      Administrator
                                                                      • 06-10-10
                                                                      • 60711

                                                                      #35
                                                                      A democratic party stooge who offered billion$ to help Elon Musk take over Twitter??

                                                                      Or is that too inconveniently against the narrative to add to that list of "evidence"?
                                                                      .
                                                                      Comment
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