BlocksInform
The crypto community has voiced their opinions on former FTX CEO Sam “SBF’ Bankman-Fried’s “pre-mortem overview” of the collapse of FTX he published on Jan. Twelve like a letter to substack.
— SBF (@SBF_FTX) January 12, 2023
As previously reported by Cointelegraph, SBF denied the allegations made against him in the lengthy letter and maintained that FTX US had been “fully solvent” at the time the firm filed for Chapter 11 bankruptcy, with approximately $350 million in cash available.
Bankman-fried also said that ftx international had a significant amount of assets (about 8 billion dollars) when John Ray became president. "no money has been stolen. Bankman-Fried added that FTX International held significant assets (about $8 billion) when John Ray became Chief Executive Officer.
Not a single penny was stolen.
Alameda lost money because of a stock market crash for which it was not properly covered, as Three Arrows and others did this year." I'm outraged that his legal team didn't stop that guy from speaking up.”
Unfortunately for him, the crypto community appeared little impressed by SBFs "glimpse before mortem."
There is no mention of the billions of "loans" he has taken money from clients to finance his lavish lifestyle and political donations.
I'm appalled that his legal team didn't stop the guy from speaking." pic.twitter.com/8hTFgRhXva
— Wall Street Silver (@WallStreetSilv) January 12, 2023
There is no mention of the billions of "loans" he has taken money from clients to finance his lavish lifestyle and political donations. I'm outraged that his legal team didn't stop the guy from speaking.
Pic.twitter.com/8hTFgRhXva— Wall Street Silver (@WallStreetSilv) Jan. 12, 2023.
He was a genius when he was talking to the VC, now you're supposed to think he's the most incompetent CEO ever.https://t.co/BHwf7opIA2
— Peruvian Bull (@peruvian_bull) January 12, 2023
SBF sits in her parents' mansion writing substack articles accusing everyone except himself for the FTX fraud. He was a genius when he was talking to VCs, now we're supposed to think he's the most incompetent CEO ever.
Https://t. co/BHwf7opIA2— Peru Bull (@peruvian_bull) 12 Jan 2023.
Sure he can confess to things more than 280 characters at a time, but if they're like me, I'd wager the FBI agents on the case are still annoyed about having to sign up for it.
— Michael Tex Duncan - https://post.news/texduncan (@texduncan) January 12, 2023
Bitcoin () researcher Andrew Bailey commented, “SBF has a new Substack post filled with reconstructed numbers and tables and estimates about Alameda’s final months. Has rather a new subnetwork to detail them. It may admit more than 280 characters at once. Has rather a new subnetwork to detail them.
Of course, he can admit over 280 characters at once. I've been through them.
Michael Tex Duncan - https://post.news/texduncan (@texduncan) Jan 12th, 2023Bitcoin () commentated researcher Andrew Bailey, "The SBF has a new Substack station filled with figures, tables and estimates reconstituted over the last months of Alameda. Obviously.
— Andrew M. Bailey (@resistancemoney) January 12, 2023
Related: Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away’
On Jan. 12, Cointelegraph reported that Joseph Bankman, the father of Bankman-Fried, has reportedly hired an attorney as the criminal case against his son moves forward. I've been through them.
It's just smoke and mirrors. It remains unclear whether Bankman has any criminal or civil liability related to the collapse of FTX.
