SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse
Haven't posted about Bankman-Fraud in some days.
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the head of policy and regulatory strategy in November 2021.
That needs to be all in CAPS. I still think the woketard-genius was played by his handlers - THOSE are the people that need to be made very uncomfortable.
In the latter half of the email [to Federal Deposit Insurance Corporation (FDIC) chairman Martin Gruenberg], Wetjen told Gruenberg that FTX is in the “unusual position of begging the federal government to regulate us.”
Gagging for it!
Recent court documents revealed that SBF and five other former FTX and Alameda Research executives received $3.2 billion in payments and loans from FTX-linked entities. SBF reportedly received the lion’s share of the funds, receiving $2.2 billion.
They had the right bankster idea, but way too early. And, of course, all those investors knew nothing and accepted at face value a spreadsheet filled in with crayons.
there is always plausible deniability - until shown how implausible it truly is.
the applause he received by his tribe when he took the camera a few weeks back should be replayed - wtf were they applauding? For a job well done?
watch
list the repetition of key phrases.
looks like they tried to cut that part, but left a few seconds at the end - would have been more interesting to let it roll for a minute.
then again, it's the NYT.