Bankman-Fried Arrested In The Bahamas.

VitaMan's Avatar
Add in the time spent on the 77,000 or so posts between TWK and WTF. At 5 minutes a post and wages $15 per hour, that would be around $ 100,000 lost.

Of course eccie is grateful for your patronage.

Thank you, valued posters.
The_Waco_Kid's Avatar
If you invested 1000 dollars and it ballooned to 750 million and now is worth nothing, how much did you actually lose?

Riddle us us that Einstein Originally Posted by WTF



it would still be worth 280 million dollars. the collapse of FTX didn't affect bitcoin. it affected Sammy boi's coin FTT.



17,406.50 USD


https://www.google.com/search?client...lue+of+bitcoin


$1.36 per FTT


https://www.google.com/search?q=curr...t=gws-wiz-serp


try to pay attention son
VitaMan's Avatar
It would be worth zero if you had let Sam keep it as a custodian. As you will never get it back.

Same thing with Bernie M. and an endless list of others.
The_Waco_Kid's Avatar
It would be worth zero if you had let Sam keep it as a custodian. As you will never get it back.

Same thing with Bernie M. and an endless list of others. Originally Posted by VitaMan






bitcoin value is not tied to Bernie DeadMadoff or Sammy "soon to be found hung in his cell so he can't spill the beans on his Democratic party donations" Bankman-Fried
VitaMan's Avatar
You don't understand.

If you placed your bitcoin on Sam's exchange and kept it there under custodial service, you will not see your bitcoin again. Unless you happen to be a very lucky creditor and substantial assets are able to be located.
The_Waco_Kid's Avatar
You don't understand.

If you placed your bitcoin on Sam's exchange and kept it there under custodial service, you will not see your bitcoin again. Unless you happen to be a very lucky creditor and substantial assets are able to be located. Originally Posted by VitaMan

you don't understand. Sammie's exchange wasn't a bitcoin wallet. it was an exchange where people traded various crypto currency for others. while customers lost 8 billion when sammy stole the value of their crypto currency to prop up his failing hedge fund, it had no material affect on the value of bitcoin and no one outside of the exchange lost a dime.


think. post. in that order.


thank you valued poster.
VitaMan's Avatar
If you can't get your bitcoin, it is worth nothing to you.

Always respectful.

Thank you for your efforts.
dilbert firestorm's Avatar
you don't understand. Sammie's exchange wasn't a bitcoin wallet. it was an exchange where people traded various crypto currency for others. while customers lost 8 billion when sammy stole the value of their crypto currency to prop up his failing hedge fund, it had no material affect on the value of bitcoin and no one outside of the exchange lost a dime.


think. post. in that order.


thank you valued poster. Originally Posted by The_Waco_Kid
in the process, a bank terminated his account thereby killing FTX. he got derailed.
WTF's Avatar
  • WTF
  • 12-16-2022, 10:30 AM
Let me get this straight....if you invested 1000 dollars in Bitcoin and were stupid enough not to cash out, instead you transfered it to FTX IN THE BAHAMAS...an unregulated market and you want my sympathy?

In your scenario, they only lost one thousand dollars!

I'll tell you what....if you can find me someone whose money was unknowingly stolen from a brokage house or one of our fine regulated bank...deposited in Sam's exchange and they then lost all their money....I'd feel sorry for them but....I'm pretty sure they have legal recourse to get THEIR money back.

You seem to forget where it was they deposited their money! An unregulated exchange! Originally Posted by WTF
it would still be worth 280 million dollars. the collapse of FTX didn't affect bitcoin. it affected Sammy boi's coin FTT.



17,406.50 USD


https://www.google.com/search?client...lue+of+bitcoin


$1.36 per FTT


https://www.google.com/search?q=curr...t=gws-wiz-serp


try to pay attention son Originally Posted by The_Waco_Kid
Speaking of paying attention....do you understand wtf cash out means and then depositing in the FTX exchange?
The_Waco_Kid's Avatar
Speaking of paying attention....do you understand wtf cash out means and then depositing in the FTX exchange? Originally Posted by WTF

do you understand what being robbed means?
WTF's Avatar
  • WTF
  • 12-16-2022, 11:28 AM
do you understand what being robbed means? Originally Posted by The_Waco_Kid
Why did you leave out .... and then lie about what I said?

Did you think I would not go back and show where you left out wtf I said?
WTF's Avatar
  • WTF
  • 12-16-2022, 11:40 AM
do you understand what being robbed means? Originally Posted by The_Waco_Kid
Has there been a total accounting of what went where?

You're talking out your ass mate.

And one could make an argument that everyone who bought a pet rock was robbed...or was exposed as a dunbass
The_Waco_Kid's Avatar
Has there been a total accounting of what went where?

You're talking out your ass mate.

And one could make an argument that everyone who bought a pet rock was robbed...or was exposed as a dunbass Originally Posted by WTF

is the SEC talking out their ass too?


“There was no meaningful distinction between FTX customer funds and Alameda’s own,” the U.S. Securities and Exchange Commission alleged Tuesday. Alameda is said to have improperly siphoned $8 billion from customers of the now-bankrupt FTX.

WTF's Avatar
  • WTF
  • 12-16-2022, 12:28 PM
Do you know the meaning of alleged?
The_Waco_Kid's Avatar
Do you know the meaning of alleged? Originally Posted by WTF

lol it's typical legal speak. nice try however. when allegations are made against ... say .. Trump you seem to claim he's already convicted and the charges written by God's hand on some tablets on Mount Sinai.


bahahahaaaa


do you really think this goofball won't be convicted? the finger pointing will be hilarious! my IT guy pressed the wrong button on the server! 8 billion times!!


bahahahaa