Crypto CEO Accidentally Describes Ponzi Scheme--UPDATE--Bankman-Fried arrested in the Bahamas on money laundering and fraud charges.

[ADevilYouKhow]

An FTX exec bought $6 million of real estate and restaurants in a small Massachusetts town. The crypto giant's collapse has a local official worried about the town's future.

Local newspaper The Berkshire Eagle reported last year that Ryan Salame owns almost half the restaurants in Lenox, MA.

www.businessinsider.com

What a boss lmao

 

[ADevilYouKhow]

Crypto firm Voyager to sell assets to Binance.US in $1 bln deal

Crypto firm Voyager Digital Ltd said on Monday it will sell its assets to Binance.US in a deal valued at about $1 billion following a review.

www.reuters.com

 

[ADevilYouKhow]

Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation

The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.

www.coindesk.com

Lol

 

[re'up]

I read a long piece on Damian Williams in 2021, and I know some of this is just where you were born, and to whom, but the guy is extremely impressive, and him being US Attorney for Southern District is pretty iconic and historical.

 

[The_Unchosen_One]

SBF posted Bond... he's gonna be a suicide

 

[mastermind]

SBF posted Bond... he's gonna be a suicide

Sheeeeeeeit

He is snitching on everyone. Crypto finna be over.

 

[The_Unchosen_One]

Sheeeeeeeit

He is snitching on everyone. Crypto finna be over.

That goblin he was fukking already snitched and pleaded guilty

Unless he's giving up CZ and Kimdotcom or someone like that... they gonna put him under the jail

 

[null]

​

Sam Bankman-Fried's ex girlfriend and CEO of FTX confesses she KNEW her actions were illegal and had unlimited access to customer cash - as she flips and 'co-operates with government'​

• Caroline Ellison, 28, told a New York courtroom she engaged in 'illegal' business tactics with Bankman-Fried, her former on-off lover
• Bombshell court testimony, given as part of a plea deal, said she ran Bankman-Fried's investment firm Alameda and had 'unlimited' access to FTX client money
• Ellison made the comments on Monday and a transcript was released on Friday
• She also made a groveling apology over her role in the FTX scandal
• The testimony is a hammer blow to Bankman-Fried, who faces 115 years in prison on charges including wire fraud, conspiracy and money laundering

Sam Bankman-Fried's ex-girlfriend has confessed that she knowingly engaged in 'illegal' business tactics with the disgraced FTX founder in bombshell court testimony given as part of a plea deal with authorities.

Caroline Ellison, 28, Bankman-Fried's former on-off lover, told a New York court that she ran Bankman-Fried's investment company, Alameda Research, and essentially had access to an 'unlimited' amount of FTX client money.

Ellison, who has pleaded guilty to fraud charges, said she agreed with Bankman-Fried to give 'materially misleading financial statements' in order hide the arrangement - which she knew was illegal.

Ellison, a Harry Potter fanatic who lived with the FTX founder in his $40 million Bahamas penthouse, was CEO of Alameda Research, the trading firm also founded by Bankman-Fried.

FTX collapsed in November after loaning billions in client cash to Alameda. When FTX customers tried to withdraw their money, the company couldn't pay out and went bankrupt.

SBF's ex Caroline Ellison admits knowing her actions were ILLEGAL

Sam Bankman-Fried's ex-girlfriend has confessed that she knowingly engaged in 'illegal' business tactics with the disgraced FTX founder in bombshell court testimony.

www.dailymail.co.uk

 

[Cole Cash]

CAC

 

[Professor Emeritus]

CAC

"in one post saying the 'genetic differences there are massive' when it comes to Indian people from different provinces and castes"


What weird shyt to be insanely wrong about. Genetic studies have shown that caste separation in India only started around 2000 years ago, which is fukking meaningless in genetic terms:

India's caste system goes back 2,000 years, genetic study finds

www.nbcnews.com

The caste system in South Asia — which rigidly separates people into high, middle and lower classes — may have been firmly entrenched by about 2,000 years ago, a new genetic analysis suggests.

Researchers found that people from different genetic populations in India began mixing about 4,200 years ago, but the mingling stopped around 1,900 years ago

Ancient texts also reveal clues about the period.

Early on, there were distinct classes of people — the priests, the nobility and the common people — but no mention of segregation or occupational restrictions. By about 3,000 years ago, the texts mention a fourth, lowest class: the Sudras. But it wasn't until about 100 B.C. that a holy text called the Manusmruti explicitly forbade intermarriage across castes.

There are somewhat larger differences between north indians and south indians, but those are only a matter of degree because those two groups have been mixing for over 4000 years and everyone in India is admixed between them now. And the differences from province to province in north india and province to province in south india are so small as to be virtually meaningless.

Moorjani's past research revealed that all people in India trace their heritage to two genetic groups: An ancestral North Indian group originally from the Near East and the Caucasus region, and another South Indian group that was more closely related to people on the Andaman Islands.

Today, everyone in India has DNA from both groups. "It's just the proportion of ancestry that you have that varies across India," Moorjani told LiveScience.

The study doesn't suggest that either the ancestral North or South Indian group formed the bulk of the upper or lower castes, Witzel said.

Researchers found that people from different genetic populations in India began mixing about 4,200 years ago, but the mingling stopped around 1,900 years ago, according to the analysis published Thursday in the American Journal of Human Genetics.

That agrees with the other research I've seen. Modern "south indians" tend to be 55-75% south indian ancestry, 20-30% north indian ancestry, and 5-25% other shyt, while modern "north indians" tend to be 30-50% north indian ancestry, 20-30% south indian ancestry, and 20-50% other shyt. Fighting over exactly which degree of admixture you are as if that makes some massive differerence is ridiculous, and that ONLY applies to the north/south division - the other divisions are borderline meaningless.



Beyond the factual inaccuracies, the fact that she apparently may have used that shyt to justify discrimination is fukking wild. Even the genetic differences between entirely different racial groups aren't large enough or consistent enough to justify workplace discrimination, that's idiocy.

 

[☑︎#VoteDemocrat]

 

[☑︎#VoteDemocrat]

 

[null]

Beyond the factual inaccuracies, the fact that she apparently may have used that shyt to justify discrimination is fukking wild. Even the genetic differences between entirely different racial groups aren't large enough or consistent enough to justify workplace discrimination, that's idiocy.

seems like you agree with her in part.


we don't know what genes are responsible for what capabilities and we can't just wish that away by ignoring it.

 

[null]

oswald cobblepot lives

 

[Professor Emeritus]

seems like you agree with her in part.


we don't know what genes are responsible for what capabilities and we can't just wish that away by ignoring it.

No, I don't agree with her at all. In-group diversity is FAR larger than between-group differences, to the point that it would be idiocy to stereotype by group rather than distinguish by individuals.

We do understand what genes are responsible for what capabilities when it comes to simple shyt like height, skin color, hair color and texture, etc. Those traits are mostly determined by just 5-10 genes, and thus can change rapidly across a population based on just a few base-pair shifts. Whereas the genetic basis of shyt like personality and intellect is far more complex and based on the variable interactions of many hundreds of genes, for which any particular base-pair shift has only the smallest impact. Thus evolutionary change in those characteristics is very slow and difficult to select for.

Scientists believe that the basic genetic intellectual capacity of the human brain was set about 50,000 years ago. Two thousand years of genetic isolation is comparatively meaningless.

Not to mention that the very nature of caste marriage rules tends to keep natural selection from having any meaningful impact anyway - once caste becomes the most important factor to a marriage, you're helping to ensure that everyone in the caste ends up getting married and producing children, and thus you aren't selecting for any evolutionary traits anymore. All of the castes would retain the same genetic potential they started with 2000 years earlier. At the most you might increase certain genetic deficits due to inbreeding, but that would only happen if the genetic issue was already present within the caste to begin with.