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The founder and former CEO of FTX, flight is en route to Argentina after FTX collapse
@TheInsiderPaper: ALERT 🚨 Most tracked flight right now is of the founder and former CEO of FTX, flight is en route to Argentina after the FTX collapse and the reports of hack. - Flightradar24
Comments
Yesterday he was begging for 4 billions to keep it solvent, today he's already running.
@WhaleChart: "JUST IN: The founder of #FTX, Sam Bankman-Fried just landed his private jet in Argentina."
This is bigger than the Bernie Madoff ponzi scheme.
New Report:
Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
It is understood that Sam Bankman-Fried and two former FTX associates are currently being detained by Bahamian authorities.
https://cointelegraph.com/news/sam-bankman-fried-is-under-supervision-in-bahamas-looking-to-flee-to-dubai
Where in the world is SBF??
I hope he gets a lot of dick in prison.
... and its always the public who end up as losers.
After learning that he was not on the plane, my first thought was, "He is trying to put the aircraft itself out of reach from creditors."
In a way, it is similar to the recent movements of large yachts around the world.
Well, no.
Madoff was extraordinary. The man who practically invested NASDAQ and was fabulously rich from that was also running the largest ponzi scheme in history over a period of decades? Not a typical offender.
I was going to say that Madoff's scam was X times greater but of course, one could say it's actually infinitely greater. What's $80 billion divided by worthless tokens?
No, it's losers who end up losing.
The same people who would snark about "oh, you trust your money to banks" are the same ones who are going to whine here about being ripped off. You made your bed. Enjoy.
losers are investors
Gamblers are not "iNvEsToRs"