FTX’s ownership of a U.S. bank raises questions

Post by akira2501 » Thu, Nov 24, 2022, 7:11 PM UTC

PragmaticPulp wrote: post #20

sschueller wrote: post #2

My question is why the NY times is still running a summit where SBF is currently still scheduled to speak.

The claim is that they’ll use the opportunity to grill him with hard questions and check his lies on the spot. In reality, I have a hard time believing that after watching Kanye West’s recent media tour where he steamrolled his interviewers and used their platforms to repeat his claims over and over again. Even the podcasts where interviewers supposedly pushed back the most (Lex Fridman is often given as an example)…

Post by partiallypro » Thu, Nov 24, 2022, 7:16 PM UTC

fasthands9 wrote: post #88

PragmaticPulp wrote: post #23

Earlier quoted context omitted.

Yes, but you also seem to know more about the story than the average person. When SBF lies or gaslights, you can see right through it. Different story for the average listener, who will be listening to most interactions with an open mind and susceptible to whichever person tends to be more charming or persuasive.

I would withhold judgement. For all we know the interviewer (who is going to be much more prepared and informed than people here) is going to press him in front of thousands of people why he stole people's money and lied about it. Let's see.

Post by quickthrower2 » Thu, Nov 24, 2022, 7:18 PM UTC

from wrote: post #83

Interesting how almost no one commented on the actual article here. I think this ownership probably has to more do with the fact that mainstream banks don't want to get near crypto exchanges than some kind of corrupt conspiracy. The current regulatory system relies on outsourcing AML/KYC to banks but I guess no one ever thought about what happens if someone is rich enough to just buy a bank. Plenty of 5 employee cred…

Post by bink » Thu, Nov 24, 2022, 7:20 PM UTC

dmix wrote: post #87

andy9999 wrote: post #8

Earlier quoted context omitted.

Why would other people agree to share a stage with a guy who has possibly/probably(?) committed a massive fraud?

There's plenty of journalistic value in interviewing him and the audience will be very interested in hearing it. I'm not sure what being outraged over his interview is going to achieve Signalling you disagree with what he did? To protect people from his hearing his dangerous words? To punish him? IMO hearing his rationale, seeing how he convinced people, the lies he tells himself, etc should all be analyzed and publi…

Post by partiallypro » Thu, Nov 24, 2022, 7:21 PM UTC

abzolv wrote: post #86

From the article: “The chairman of FBH is Jean Chalopin, who, along with being a co-creator of cartoon cop Inspector Gadget in the 1980s, is the chairman of Deltec Bank, which, like FTX, is based in the Bahamas. Deltec’s best-known client is Tether, a crypto company with $65 billion in assets offering a stablecoin that is pegged to the dollar.” That tells you everything you need to know.