Tag: SBF

Pillow Talk pr********@se*.gov Benefitting SBF?

Pillow Talk Benefitting SBF?

SBF’s attorney, Christian Everdell, is married to Ann Marie Preissler, an attorney in the Division of Enforcement at the SEC’s New York office.

Marco Polo noticed a familial connection between one of the entities suing SBF on the civil side—the Securities & Exchange Commission (SEC)—and Everdell. Indeed, Everdell’s wife is a “Senior Counsel” in the NY office of the SEC, the very office suing SBF (22-cv-10501).

Even though she is not listed on the SEC’s civil complaint, could be laundering information about the investigation/sources/methods to her husband, SBF’s attorney.

If Preissler does not recuse herself, it could be even more difficult to rectify the situation after the fact, as the couple could invoke “spousal immunity,” just as the infamous Secret Service agent Shaun Bridges did with his then-wife, Ariana Esposito.

SBF hired Mark Cohen

SBF of FTX has hired Mark Cohen as his attorney, per Reuters Cohen recently defended Ghislaine Maxwell in her sex trafficking trial and defended El Chapo prior to that.

Alameda Investments

Sam Bankman-Fried previously said that he only had 100k left in his bank account, but has multi multi millions in real estate. Mark Cohen famously represented numerous high profile clients, most recently Ghisaline Maxwell.

 

Hello Jesus?
Please put your sandals on and come down here immediately.

So he will get prison and We The People will never know who SBF’s “clients” were. I bet Maxwell’s client list, El Chapo’s client list, and SBF’s client list include many of the same bankers, politicians, celebs, and athletes.

SBF is probably on the run

FTX founder Bankman-Fried says he is in the Bahamas.

The plane CT thinks is transporting SBF is now over Argentina
(LVKEB is you want to follow on flightradar)
https://planefinder.net/flight/LVKEB/time/2022-11-12T01:40:00.000Z/speed/1

@cnbc the folks who pumped Enron, the dot com bubble, the housing bubble and now this are somehow someway not in jail.
Shutdown @CNBC, grifter central.

Jim Cramer: Sam Bankman Fried is the New JP Morgan
Its about time we ignore that idiot Cramer boomer influencer for MSNBC
Keven O’Leary FTX Alameda investor and paid to promote Solana
🧊FREEZE 1S F0REVER🧊

Financial disruption at its very worst.
https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/

SBF Built a “Backdoor” to Outwit Compliance Systems
https://cryptodaily.co.uk/2022/11/sbf-built-a-backdoor-to-outwit-compliance-systems
Reports by Reuters have revealed that FTX CEO, Sam Bankman-Fried, built a “backdoor” to FTX in an effort to alter financial records and move funds without arousing suspicion and alerting others. Reuters cites two people that have knowledge of the matter. SBF reportedly used bespoke software designed in such a way that external auditors would not be notified of changes to FTX’s financials. This means that no red flags were raised when $10 billion in funds were transferred to FTX’s sister trading arm Alameda.

At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, two sources told me. The missing funds were revealed in records that Bankman-Fried shared with other executives, they said
https://www.reuters.com/markets/currencies/exclusive-least-1-billion-client-funds-missing-failed-crypto-firm-ftx-sources-2022-11-12/

Caroline Ellison: CEO Alameda Research

Caroline Ellison, co-CEO de Alameda Research
https://www.youtube.com/watch?v=aW6SqLXw944
Alameda CEO Caroline Ellison told staff on November 9 that she, SBF, and two FTX executives were aware that FTX lent its customers’ money to Alameda — Trading firm Alameda’s troubles helped lead to the bankruptcy of crypto exchange FTX — Alameda Research’s chief executive …
Caroline Ellison, formerly a Jane Street quant and an Alameda quant since almost its inception, shares her story of the paths that led her to become a fulltime trader.
https://www.wsj.com/articles/alameda-ftx-executives-are-said-to-have-known-ftx-was-using-customer-funds-11668264238

FTX Family Connections

Sam Bankman Fried Apologizes

Reminder:
“Bitcoin Moderates” told you to put your money in FTX and BlockFi.
Still think it’s Maximalists who are toxic?

Uncertain US regulations drove 95% of trading activities offshore,
all Thanks to Gary but that also left  FTX.us customers unaffected!

Tom Emmer @RepTomEmmer
Interesting. @GaryGensler runs to the media while reports to my office allege he was helping SBF and FTX work on legal loopholes to obtain a regulatory monopoly. We’re looking into this.
@GaryGensler I’ll be joining @andrewrsorkin on @SquawkCNBC at 8:00am ET to discuss recent developments in the crypto markets.

HOLY SHIT In front of a room of lawmakers…

SBF @SBF_FTX Sam Bankman Fried Apologizes

1 though 15
https://twitter.com/SBF_FTX/status/1590709166515310593

Take away
[THIS IS ALL ABOUT FTX INTERNATIONAL, THE NON-US EXCHANGE. FTX US USERS ARE FINE!]

ending with

15) First, one way or another, Alameda Research is winding down trading.

–//–

FatMan @FatManTerra
After Hodlnaut defrauded their customers by secretly putting everything into UST, the court-appointed judicial managers stored the leftover funds for creditors in various places for safekeeping… Including $13m in FTX. RIP, double rugged.

FTX tapped into client accounts to fund risky bets, WSJ reports.
FTX HAD $16 BILLION IN CUSTOMER ASSETS; FTX LENT MORE THAN HALF OF ITS CUSTOMER FUNDS TO ITS SISTER COMPANY ALAMEDA – WSJ
Being that causal about stealing $8B of customer deposits and lending it out without their consent is disgusting.

FTX Japan ordered to stop operations!

Tether
Begins Freezing FTX USDT at the Request of Law Enforcement While Investigations Occur: Tether Exec
Tether freezes $46 million $USDT linked to an FTX address at the request of law enforcement, CoinDesk reports.

@JasonPLowery
“Have fun staying poor” wasn’t just a meme.

Lea Kissner @LeaKissner (Now former) CISO @Twitter Privacy eng, security, crypto & build respect. they/them
I’ve made the hard decision to leave Twitter. I’ve had the opportunity to work with amazing people and I’m so proud of the privacy, security, and IT teams and the work we’ve done.
I’m looking forward to figuring out what’s next, starting with my reviews for @USENIXSecurity

The youth saved our ass, now it’s time to put them in office.