New CEO of FTX has just released a declaration and it is WILD. SBF received loans from Alameda. Real estate and items for employees was purchased with FTX money. Fair value of remaining non-stablecoin crypto is $659. “Never in my career have I seen such a complete failure of corporate controls…”
https://twitter.com/kadhim/status/1593222595390107649 Here is the Twitter Thread. Direct link to the declaration https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf I’ll just copy paste what’s in it since there’s very little to add....
After $10+ billion fraud SBF is free while Tornado cash developer is in jail for developing open source sofware
A Tornado cash developer is still in jail without formal Charges. SBF committed $10b fraud and is playing video games in the Bahamas. Which he...
Binance Moved $2.7 Billion Out Of ‘Proof Of Reserves’ Wallet Less Than 24 Hours After Publishing Proof of Reserves, Additional Funds Also ‘Missing’
Binance(through CZ) was the company that said that users should get their funds off exchanges. They claimed customer assets are fully backed on Binance. They...
Disgraced Sam Bankman-Fried blames his EX-GIRLFRIEND for FTX collapse and loss of $32BN – as he admits he lied about being moral and calls ethics a ‘dumb game we woke Westerners play’
submitted by /u/Metazoa89 [link] [comments]...
Insider Claims To Be Releasing Uncensored Sex Tape Between Disgraced Sam Bankman-Fried and Alameda CEO Caroline Ellison Soon
submitted by /u/XnoonefromnowhereX [link] [comments]...
“DYOR” is worthless. You can’t “Do Your Own Research” if every player in the market is hiding something
Secretly lending customer funds, market-making against their own customers, Byzantine webs of counterparty relationships, launching their own tokens and giving it to insiders, etc. None...
Despite having millions withdrawn in the past few days, there is seemingly still no problem with Crypto.com – maybe they’ve actually been fine the whole time?
Fear in the market over the past two weeks is the highest it’s been for a long time. The unprecedented level of funds withdrawn has...
Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears
submitted by /u/PurplerRain [link] [comments]...
Binance is not holding verifiable proof of reserves for ETH/XRP in the BNB ecosystem and is failing to hold adequate reserves / or show reserves for most of its other cryptos. They only verify that they hold 30% of the ADA in the BNB ecosystem.
Please also check the edit at the bottom for an update regarding lack of proof of reserves on the stables on BNB as well: TLDR:...
Ex-girlfriend of disgraced FTX founder bragged of ‘regular amphetamine use’ on Twitter
submitted by /u/polloponzi [link] [comments]...