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Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

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Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#31

Post by rglover »

soraki_soladead wrote: post #17
factsarelolz wrote: post #8

Earlier quoted context omitted.

Quoted post unavailable.

> Some theorists even predict another 9/11 since that event transpired after the last Trillion dollar accounting error by the Pentagon. Dropping “conspiracy” from “conspiracy theorists” is a nice touch but it doesn’t lend much to such a bold claim without sources with evidence.

https://www.bitchute.com/video/89fmBGxz9mks/

Edit: this is the tip of the iceberg, if you really want to go down the rabbit hole...https://www.youtube.com/watch?v=IQTyj0g3m_E

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#32

Post by mc32 »

Animats wrote: post #13

This: "This will probably come out in court anyhow since the creditors will be looking into fraudulent conveyance. So this isn’t something you will be able to hide.” Yes. Reading the bankruptcy filings and seeing what the accountants are finding is probably more productive than listening to the self-serving statements of a crook.

Listening to him is like listening to another opportunist in another industry, Michael Avenatti. They're in trouble, but they keep on pretending like there is nothing to question or wonder about.

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#33

Post by Dork1234 »

mikejulietbravo wrote: post #20
tom-thistime wrote: post #12

This may be a "culture gap" (or language gap) between crypto and traditional finance. The FT text directly addresses the question that we're told "No one [is] asking." They asked where's the money, and they're exposing the fact that no coherent response has been forthcoming. That's reporting. The likely interpretation of that piece of reporting is crystal clear to the intended readership. (I.e., the money is probably…

Correct - the "everyone" is mainly NYT and some politicians. There are some questions there as it's a bit sketchy why they're treating him with such kid gloves.

He is just a kid, he is merely 30, and grew up in a home with business lawyers. It has been such a hard life. If it wasn't for the shady Crypto market, he could be having a good life as a Doctor like we always wanted him to be. He got mixed up with this Caroline girl (How can you blame her, he is so muscular and good looking) and gave him all these ideas of having a crypto exchange. Clearly the problem is crypto, and it should be banned. It is ruining all these highly connected well to do young kids life's. /s

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#35

Post by BlandDuck »

Animats wrote: post #13

This: "This will probably come out in court anyhow since the creditors will be looking into fraudulent conveyance. So this isn’t something you will be able to hide.” Yes. Reading the bankruptcy filings and seeing what the accountants are finding is probably more productive than listening to the self-serving statements of a crook.

Absolutely correct. There is no way this will be forgotten.

The FTX estate will be want to collect all available assets, including outstanding loans to SBF, to distribute to FTX' creditors.

Disbursements from FTX when it was close to insolvency will be scrutinized under the doctrine of fraudulent conveyance which makes it illegal to distribute funds from a company that cannot meet its obligations to its creditors.

This wont be "forgotten" somehow. At this point, there doesn't seem to be any drama or reasons for concern here, and from everything we know (that I know) it looks like this will all be resolved eventually as part of the bankruptcy process.

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#36

Post by sn_master »

nullish_signal wrote: post #4

Quoted post unavailable.

If you don't use up all of your budget for the year, it gets reduced for the next one. This is a major reason the defense spending in general doesn't go down. Nobody wants to have lesser budget, it impacts their promotions and mini political empires.

Same is true in many large organizations, which is why mass layoffs and other forms of 'shock therapy' happen every once in a while, because the way the system is managed doesn't naturally lend itself to small incremental corrections.

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#37

Post by ethanbond »

mikejulietbravo wrote: post #20
tom-thistime wrote: post #12

This may be a "culture gap" (or language gap) between crypto and traditional finance. The FT text directly addresses the question that we're told "No one [is] asking." They asked where's the money, and they're exposing the fact that no coherent response has been forthcoming. That's reporting. The likely interpretation of that piece of reporting is crystal clear to the intended readership. (I.e., the money is probably…

Correct - the "everyone" is mainly NYT and some politicians. There are some questions there as it's a bit sketchy why they're treating him with such kid gloves.

Seems to me people have completely unrealistic expectations of how financial crimes play out. This will take years to unwind.

Pretty obvious the "why isn't he in jail yet" screaming is coming from the same place as "why aren't I rich yet," on which this entire empire was built. This stuff takes time. He's very obviously going to prison.

For context: Enron, whose operations and collapse caused way more negative impact on the public, fell over in 2001. It wasn't until 2004 that Skilling (CEO/COO/general bad actor) went into FBI custody. It wasn't until 2006 that he was convicted.

Yeah, SBF is going out on a media tour and admitting to all his crimes, so hey maybe they should arrest him now - but why? He's clearly too dumb/narcissistic to run. Take him to court based on media appearances and he may claim he was hopped up on a boatload of amphetamines to the point of actual delusion. Then oops, guess we didn't gather all the hard evidence needed to convict so we lose our shot! Jeez, people.

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#38

Post by oblivious7 »

Who said no one is asking?

Government investigators are not in a habit of validating every bloggers empty rhetorical questions.

The author is complaining in the comments ZeroHedge copy-pasted their post without permission. ZH should feel bad for spreading babbling gossip and impotent rage more than anything.

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#39

Post by dsfyu404ed »

rglover wrote: post #27
alexfromapex wrote: post #24

Because the US government has been captured by Organized Crime. Look up the documentary Everything is a Rich Man's Trick. Then look into all the connections between the mafia and the presidents of the USA.

Reminds me of one of my favorite quotes as of late: “You’re just saying ‘okay, the world is run by idiots,’ and I would say ‘no, the world is run by professional criminals.’ If you think it’s all by incompetence at this point, how come everything is so coordinated between all these guys with these policy agendas if it’s all just ‘by-chance incompetence?’” — Whitney Webb

"nobody needs to conspire when interests align"

Re: Why Is No One Asking SFB What Happened to the $3.3B He Borrowed?

#40

Post by tom-thistime »

ethanbond wrote: post #37
mikejulietbravo wrote: post #20

Earlier quoted context omitted.

Correct - the "everyone" is mainly NYT and some politicians. There are some questions there as it's a bit sketchy why they're treating him with such kid gloves.

Seems to me people have completely unrealistic expectations of how financial crimes play out. This will take years to unwind. Pretty obvious the "why isn't he in jail yet" screaming is coming from the same place as "why aren't I rich yet," on which this entire empire was built. This stuff takes time. He's very obviously going to prison. For context: Enron, whose operations and collapse caused way more negative impact…

It sounds like you probably know what you're talking about. That's going to cost you karma points.
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