FTX Crypto Founder Arrested

Discussion in 'Other News' started by mjd4277, Dec 12, 2022.

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  2. Oxbow

    Oxbow Road Train Member

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    I believe it was the Bahamian Government that arrested him for something that he did with funds there.

    The conspiracy theorist angle is that people who wanted him to shut up about it, quit exposing stuff, and definitely not to testify in front of congress, pulled strings to have him arrested in the Bahamas.

    Epstein doesn't belive a word of it though........oh wait....
     
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  3. Kenworth6969

    Kenworth6969 Road Train Member

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    Since bitcoin countless new crapcoins were imagined into existence.
    It's all a bunch of worthless bs.
    Only value is hoping to sell to a bigger fool.
     
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  4. mjd4277

    mjd4277 Road Train Member

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  5. D.Tibbitt

    D.Tibbitt Road Train Member

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  6. Deadwood

    Deadwood Heavy Load Member

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    If the Securities and Exchange Commission didn’t do anything before FTX crashed, I don’t see how they can credibly accuse celebrities of not taking action.

    This is just a shakedown to threaten to keep their names in the press with bad publicity. Remember, the lawyers will keep from 20-33% of whatever the settlement is so it’s in their interest to try to make it as large as possible.
     
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  7. mjd4277

    mjd4277 Road Train Member

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    You know how they say on most of those commercials nowadays “I’m not an attorney or a spokesperson” as a legal disclaimer?
    Well,apparently with the FTX ads,that didn’t happen,so there might be a technicality involved!lol
    Needless to say, both DOJ and SEC are looking at this case from every angle possible.
     
    Last edited: Dec 19, 2022
  8. buzzarddriver

    buzzarddriver Road Train Member

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    This is what happens GREED overcomes common sense. The PONZIE scheme just gets deeper.

    We will probably hear in a few days that this guy fell to his death from a basement window.
     
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  9. Deadwood

    Deadwood Heavy Load Member

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    Bad debt contagion is continuing to roll through the crypto industry as a result of the FTX collapse.

    The CEO of crypto broker Genesis is asking its parent company DCG (Digital Currency Group) for more time to pay their debts. They just laid off 30% of their workforce.

    Meanwhile, parent company DCG just closed their wealth management division and is getting pressured to pay off debts they have too.

    Genesis CEO Asks for More Time as Winklevoss Pressures Parent Company DCG - Decrypt

    Additionally, on Twitter, ZeroHedge is reporting that DCG will now be facing a U.S. government probe over “internal money transfers”. Sounds like someone has lawyered up and will be rolling over on others. We’re still a long way from the bottom here.
     
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