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My apologies to horses everywhere
Crypto
- Thread starter huskers1217
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My apologies to horses everywhere
I knew that Bankman-Fried would waive extradition to get out of that 3rd world hellhole of a prison, complete with rats, roaches and maggots. Plus they would not give him his vegan diet.
www.foxbusiness.com
FTX founder Sam Bankman-Fried reportedly to agree to extradition, reverse course at next Bahamas court hearing
The ex-cryptocurrency executive Sam Bankman-Fried reportedly is to reverse course at a Bahamas court hearing Monday and stop fighting extradition back to the US to face federal charges.
www.foxbusiness.com
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I hope when he gets to his next hellhole in Brooklyn that he misses his cell in the Bahamas.I knew that Bankman-Fried would waive extradition to get out of that 3rd world hellhole of a prison, complete with rats, roaches and maggots. Plus they would not give him his vegan diet.
FTX founder Sam Bankman-Fried reportedly to agree to extradition, reverse course at next Bahamas court hearing
The ex-cryptocurrency executive Sam Bankman-Fried reportedly is to reverse course at a Bahamas court hearing Monday and stop fighting extradition back to the US to face federal charges.
That picture of him and his nasty mother turns my stomach. Pure filth.
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SBF is out on bail and under house arrest at his parents' Palo Alto mansion. I guess at this point he just delays for every day of freedom he can get.
I can't begin to tell you how disappointed I am. I wish they had locked him in a dungeon.
I can't begin to tell you how disappointed I am. I wish they had locked him in a dungeon.
He’s a dead man walking. That homely GF with the fat thighs and the former FTX chief technology dude have already plead guilty and point the blame directly at him.
His whole act playing the innocent but careless doofuss is not going to work.
I hope he gets Trump as a cellmate.
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but now that he is out of a secure location.
All the people that lost money to him, has his address & knows where he will be
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He'll live like a king for years until his sentencing. That's the part I hate. I wanted him to never see freedom again. The parents have so much money that he's likely more secure than he was in the Bahamian jail.but now that he is out of a secure location.
All the people that lost money to him, has his address & knows where he will be
Also, I read a report that he paid the bail in cash. Where did he get that? He's penniless, right?
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well its one thing when you screw people over in just America. He could get a bunch of woke fucks to help defend him.
Screwing people over World wide. He just might meet an unfortunate demise
by an unknown force?
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I will never understand how guys like him don't go....I'm at like 20 mil I should probably cut bait and not go to pound me in the ass prison.
Instead they get hooked on the life and think they're untouchable. And fuck everyone else over.
If he gets offed very few will shed a tear.
Instead they get hooked on the life and think they're untouchable. And fuck everyone else over.
If he gets offed very few will shed a tear.
Sooner or later, his vegan ass should take in some meat.
Another crypto fraudster arrested.
cryptobriefing.com
The Department of Justice has moved against another notorious crypto figure.
Avraham Eisenberg was reportedly apprehended by law enforcement yesterday in Puerto Rico for his role in the Mango Markets exploit that made him famous on Crypto Twitter in October. The affidavit indicates that Eisenberg is facing one count of commodities fraud and one count of commodities manipulation.
Mango Markets is a decentralized perpetual exchange on Solana. On October 11, Eisenberg and his trading partners took out a large position in Mango’s perpetual futures contracts, thereby artificially inflating the price of the illiquid MNGO token from $0.3 to $0.91. They then used their significant unrealised profits as collateral to borrow the protocol’s assets, and drained over $100 million from its treasury.
The exploiters subsequently submitted a proposal in the Mango governance forum to give back the majority of the funds (and therefore make Mango depositors whole) in exchange for $47 million and the promise of dropping any criminal investigation. Shortly after the proposal passed, Eisenberg announced on Twitter that he had been responsible for the exploit, famously declaring that he had “operated a highly profitable trading strategy” the previous week.
Eisenberg’s open and brazen attitude may not have done him any favors. The affidavit against him specifically mentions Eisenberg’s “highly profitable trading strategy” tweet, along with several others that show that Eisenberg was aware of laws prohibiting market manipulation.
So far, the case against Eisenberg solely concerns the Mango Markets exploit; however, the trader is also suspected by the crypto community of having run similar schemes on Curve, Fortress DAO, and Solend. Further indictments may be on the way.
Avraham Eisenberg Charged with Fraud, Market Manipulation
Avraham Eisenberg publicly revealed that he was responsible for the Mango Markets exploit in October. It might have been a mistake.
cryptobriefing.com
The Department of Justice has moved against another notorious crypto figure.
Avraham Eisenberg was reportedly apprehended by law enforcement yesterday in Puerto Rico for his role in the Mango Markets exploit that made him famous on Crypto Twitter in October. The affidavit indicates that Eisenberg is facing one count of commodities fraud and one count of commodities manipulation.
Mango Markets is a decentralized perpetual exchange on Solana. On October 11, Eisenberg and his trading partners took out a large position in Mango’s perpetual futures contracts, thereby artificially inflating the price of the illiquid MNGO token from $0.3 to $0.91. They then used their significant unrealised profits as collateral to borrow the protocol’s assets, and drained over $100 million from its treasury.
The exploiters subsequently submitted a proposal in the Mango governance forum to give back the majority of the funds (and therefore make Mango depositors whole) in exchange for $47 million and the promise of dropping any criminal investigation. Shortly after the proposal passed, Eisenberg announced on Twitter that he had been responsible for the exploit, famously declaring that he had “operated a highly profitable trading strategy” the previous week.
Eisenberg’s open and brazen attitude may not have done him any favors. The affidavit against him specifically mentions Eisenberg’s “highly profitable trading strategy” tweet, along with several others that show that Eisenberg was aware of laws prohibiting market manipulation.
So far, the case against Eisenberg solely concerns the Mango Markets exploit; however, the trader is also suspected by the crypto community of having run similar schemes on Curve, Fortress DAO, and Solend. Further indictments may be on the way.
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Was it money they lost?
Or was it Bitcoin?
Do people pay for crypto with money or bitcoin?
Looks like Tom Brady has to keep playing football for a while...
Less than a year after Tom Brady and Gisele Bundchen appeared in a series of Super Bowl ads for FTX, the former couple have emerged as some of the biggest equity holders in the now-bankrupt enterprise. Brady owns 1.1 million common shares of FTX, while Bundchen owns 686,000 shares, according to bankrupcty court documents filed Monday.
Whatever Brady and Bundchen paid for their stakes, they, along with hundreds of other investors, will almost certainly see their positions completely wiped out. (The court documents didn’t disclose what investors paid for their shares or detail when they were acquired.)
Less than a year after Tom Brady and Gisele Bundchen appeared in a series of Super Bowl ads for FTX, the former couple have emerged as some of the biggest equity holders in the now-bankrupt enterprise. Brady owns 1.1 million common shares of FTX, while Bundchen owns 686,000 shares, according to bankrupcty court documents filed Monday.
Whatever Brady and Bundchen paid for their stakes, they, along with hundreds of other investors, will almost certainly see their positions completely wiped out. (The court documents didn’t disclose what investors paid for their shares or detail when they were acquired.)
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I was about to make a thread for this…..
At it’s height it was valued at 93/share meaning they lost 150 million dollars
He probably got into it at a lesser price, but still, that's an ass-kicking loss.
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It's insane to invest in something so unproven and that can literally be wiped out with the stroke of pen if Governments decide to do it.
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You don't understand securities investments, do you? No, of course you don't.
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"Avraham Eisenberg"Another crypto fraudster arrested.
Avraham Eisenberg Charged with Fraud, Market Manipulation
Avraham Eisenberg publicly revealed that he was responsible for the Mango Markets exploit in October. It might have been a mistake.
The Department of Justice has moved against another notorious crypto figure.
Avraham Eisenberg was reportedly apprehended by law enforcement yesterday in Puerto Rico for his role in the Mango Markets exploit that made him famous on Crypto Twitter in October. The affidavit indicates that Eisenberg is facing one count of commodities fraud and one count of commodities manipulation.
Mango Markets is a decentralized perpetual exchange on Solana. On October 11, Eisenberg and his trading partners took out a large position in Mango’s perpetual futures contracts, thereby artificially inflating the price of the illiquid MNGO token from $0.3 to $0.91. They then used their significant unrealised profits as collateral to borrow the protocol’s assets, and drained over $100 million from its treasury.
The exploiters subsequently submitted a proposal in the Mango governance forum to give back the majority of the funds (and therefore make Mango depositors whole) in exchange for $47 million and the promise of dropping any criminal investigation. Shortly after the proposal passed, Eisenberg announced on Twitter that he had been responsible for the exploit, famously declaring that he had “operated a highly profitable trading strategy” the previous week.
Eisenberg’s open and brazen attitude may not have done him any favors. The affidavit against him specifically mentions Eisenberg’s “highly profitable trading strategy” tweet, along with several others that show that Eisenberg was aware of laws prohibiting market manipulation.
So far, the case against Eisenberg solely concerns the Mango Markets exploit; however, the trader is also suspected by the crypto community of having run similar schemes on Curve, Fortress DAO, and Solend. Further indictments may be on the way.
pfft