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Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

mollywhite.net

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Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#31

Post by shkkmo »

breck wrote: post #19

> Judge Dorsey ultimately overruled objections to their retention by two individual FTX creditors. I think Molly White defaults to too much credibility in judges and lawyers. SBF's main argument is that Sullivan & Cromwell misled him into going the Chapter 11 route, which he later learned was more motivated by its ability to make hundreds of millions rather than helping his customers. He made a mistake in trusting th…

SBF's main mistake wasn't trusting Sullivan & Cromwell. That is the lie that SBF is trying to tell. While that may have been a "mistake" to declare bankruptcy, it was because it reduced FTX's ability to try to hide the fraud it had been perpetuating.

FTX was already incredibly insolvent at that point because FTX gave Alameda an unlimited line of credit and then used that credit to take loans from Alameda to line their own pockets with what was effectively FTX's customer deposits.

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#32

Post by rideontime »

breck wrote: post #19

> Judge Dorsey ultimately overruled objections to their retention by two individual FTX creditors. I think Molly White defaults to too much credibility in judges and lawyers. SBF's main argument is that Sullivan & Cromwell misled him into going the Chapter 11 route, which he later learned was more motivated by its ability to make hundreds of millions rather than helping his customers. He made a mistake in trusting th…

How in the world would everybody get their money back except via another scam token like FTT?

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#33

Post by jacksnipe »

linuxftw wrote: post #27

The way I see it, Alameda is the real criminal here. They clearly operated with the criminal intent to take the assets, and distribute who knows how. I think it's perfectly possible that SBF is just dumb, and Alameda exploited his stupidity. Once everything crashed, Alameda was all too happy to turn state's witness. SBF's best chance at this point is to secure his own plea deal with proof that Alameda is lying to the…

Except that Alameda was also run by SBF, as laid out in the article.

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#34

Post by kencausey »

linuxftw wrote: post #27

The way I see it, Alameda is the real criminal here. They clearly operated with the criminal intent to take the assets, and distribute who knows how. I think it's perfectly possible that SBF is just dumb, and Alameda exploited his stupidity. Once everything crashed, Alameda was all too happy to turn state's witness. SBF's best chance at this point is to secure his own plea deal with proof that Alameda is lying to the…

SBF was a founder and officer of Alameda.

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#36

Post by __derek__ »

easytiger wrote: post #20
timmytokyo wrote: post #14

Earlier quoted context omitted.

I'd love to know what his parents think of what he's doing. They're law professors at Stanford; they have to be aware of how utterly stupid this is, don't they?

Have you spent much time with humanities academics? I would make no such assumptions.

They're lawyers and law professors, not humanities academics.

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#37

Post by lofatdairy »

jtbayly wrote: post #4
bradgessler wrote: post #2

What annotations software is this? All news should be reported this way when source documents are available. Edit: scrolled to the bottom of the page and found https://github.com/molly/annotate

So it's just the front-end, relying on you to manually write all the HTML. I'd love some software to make generating these (or similar) annotated documents easily. Any ideas?

I assume there's probably a way to modify or configure MD-based SSGs to produce side notes instead of footnotes. Hilariously I think you could use RMD because that has built-in sidenote functionality but it would probably require some manual effort to produce those nice highlights. That said, Molly is also making use of footnotes inside her margin notes, so if that's the goal my suggestions might not work.

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#38

Post by chubot »

bradgessler wrote: post #2

What annotations software is this? All news should be reported this way when source documents are available. Edit: scrolled to the bottom of the page and found https://github.com/molly/annotate

Agreed this is awesome! The author understands how to use the web: HTML, CSS, and JS (which is unfortunately rare in 2023)

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#39

Post by ur-whale »

wpietri wrote: post #8

I am truly grateful for people like Molly White, David Gerard, and Amy Castor. As the crypto grift circus expanded and expanded, I just got worn out. There was so much to pay attention to as it metastasized. All those writers have been diligently following it for years with a critical eye, and all of them have taken a lot of heat for it. As the wheels come off, it's great to have their detailed insights.

> As the crypto grift circus expanded

crypto != FTX

Re: Annotated: Sam Bankman-Fried's “FTX Pre-Mortem Overview”

#40

Post by Denzel »

linusha wrote: post #17
jtbayly wrote: post #4

Earlier quoted context omitted.

So it's just the front-end, relying on you to manually write all the HTML. I'd love some software to make generating these (or similar) annotated documents easily. Any ideas?

You might find https://web.hypothes.is/ helpful.

Does Hypothesis require a cloud account that syncs your annotations? If so, these products are a non-starter for any corporate environment, which is unfortunate.

Obsidian gets this right. Most software these days doesn't which is a shame.

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