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/biz/ - Business & Finance

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52399924 No.52399924 [Reply] [Original]

Am I understanding this correctly?
The whole reason why FTX went under is because SBF gave his goblina girlfriend $10bn worth of gambling chips that he stole from his customers and she lost them.

>> No.52399931

>>52399924
that's correct
but they also committed at least other 20 different frauds

>> No.52400005

>>52399924
Not quite, he got leveraged to the tits first and then gave her the chips

>> No.52400027

>>52399924
That's wrong.
Caroline was not just his girlfriend but she was shared around all employees

>> No.52400047

>>52399924
He gave her a bunch of money but also the FTT token is just some made up bullshit but people were investing into the company with it, then he used those tokens as a collateral with other peoples money to leverage even more and when it went bad it just all blew up

>> No.52400052

>>52400027
So he was a literal cuckold/swinger?

>> No.52400056

>>52399924
They committed other crimes at alameda research which is why he tried to bail them out so they wouldn’t get investigated

>> No.52400105

>>52400052
Swinger would mean he would get to taste juice of other women but he didn't, so cuck would be more accurate.

>> No.52400125

>>52400027
>the greasy weasel was not just his girlfriend but she was shared around all employees
Ftfy

>> No.52400294
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52400294

>>52400027
That's the most disgusting thing about this. You're rolling in billions in stolen misappropriated funds, and you fuck that weird rat girl? Several guys fucked that of all things. Hideous.