Crypto CEO Accidentally Describes Ponzi Scheme--UPDATE--Bankman-Fried arrested in the Bahamas on money laundering and fraud charges.
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I think if trump wins, he's getting out.
ADevilYouKhow
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Sam Bankman-Fried Floated 'Coming Out' as a Republican on Tucker Carlson After FTX Collapse
SBF's brainstorming notes included lines like "Come out against the woke agenda."
gizmodo.com
Sam Bankman-Fried Floated 'Coming Out' as a Republican on Tucker Carlson After FTX Collapse
SBF's brainstorming notes included lines like "Come out against the woke agenda."
By Matt Novak
Published Yesterday
Comments (5)
Tucker Carlson asking if Democrats will return money donated by Sam Bankman-Fried on his November 16, 2022 show.
Screenshot: Fox News
Are you a billionaire in trouble? Why not try coming out as a Republican and fully pivoting into very public complaints about the “woke agenda?” That’s precisely what Sam Bankman-Fried was thinking, according to newly released notes made by the crypto fraudster after FTX’s stunning collapse in 2022.
SBF is scheduled to be sentenced later this month after he was found guilty of fraud last year for extracting billions of dollars from his crypto exchange. Federal prosecutors want SBF to spend 40-50 years in prison, according to a legal filing made public on Friday. But that same filing has some absolutely fascinating Google Doc notes made by SBF himself.
The doc includes a note at the top reading, “these are all random probably bad ideas that aren’t vetted; CONFIDENTIAL.” But they wound up in the hands of prosecutors anyway, labeled as Exhibit C in the filing from Friday.
SBF wrote that he should appear on Tucker Carlson’s show (misspelled as “Carlsen”), which was at the time the biggest hit on Fox News. Carlson was fired in April 2023 and now has his own web-based show on X.
SBF also floated the idea to “come out against the woke agenda,” using a right-wing phrase that’s hard to define. Essentially, anything American conservatives don’t like can be labeled “woke,” from beer to baseball teams.
[IMG width="800px" alt="Notes made by Sam Bankman-Fried after the collapse of FTX that were made public by prosecutors in a filing on Friday, with highlights made for emphasis by Gizmodo
"]https://i.kinja-img.com/image/upload/c_fit,q_60,w_645/a34671ee360f119f5870d172a64384e5.jpg[/IMG]
Notes made by Sam Bankman-Fried after the collapse of FTX that were made public by prosecutors in a filing on Friday, with highlights made for emphasis by Gizmodo
Screenshot: U.S. District Court in Manhattan
The ideas also included having a friendly interview with his biographer Michael Lewis or putting out a Twitter poll about what to do. SBF also thought perhaps it would be wise to come out as “pro crypto, pro freedom.” Again, it seemed like he really wanted to lean into becoming a Republican, as you can see in the full notes below.
Screenshot: U.S. District Court in Manhattan
SBF spent years in the lead up to FTX’s collapse selling himself as a left-leaning philanthropist unconcerned with material things. The notes help us see inside SBF’s thought process, where the crypto “genius” filled his brainstorming document with a flurry of buzzwords that would signal he’s got a completely new brand.
SBF’s heel turn shouldn’t be a surprise to anyone who was paying attention in late 2022, as he tested the waters with a handful of different public relations tactics, like the bumbling boy genius routine he attempted during a New York Times interview with Andrew Ross-Sorkin. And SBF actually tried some of the ideas in these notes, including the idea of pointing out he’d secretly given money to Republicans.
It’s not like SBF was the first guy in the world of tech to come up with the idea of going “anti-woke” as a way to rally defenders. Elon Musk made the exact same shift in recent years. But it’s rare that the public gets to see a brainstorming document that lays it all out so cynically. Good work, boy genius.
Prosecutors asking for 40-50 years is fukking WILD. Drug kingpins have gotten less time.
but the sheer numbers point towards that number, plus he went to trial. He defied them every step of the way. They hate that more than anything.
20-25 years seems like enough to serve as a deterrent, and personally punish Bankman Fried.
yeah, people from a certain background think that way. The idea that they can spin or PR out of any situation. Basically the whole "spin the narrative". and how much marketing themselves is a part of how we the public perceive these demi god like figures in our society.
but the sheer numbers point towards that number, plus he went to trial. He defied them every step of the way. They hate that more than anything.
20-25 years seems like enough to serve as a deterrent, and personally punish Bankman Fried.
yeah, people from a certain background think that way. The idea that they can spin or PR out of any situation. Basically the whole "spin the narrative". and how much marketing themselves is a part of how we the public perceive these demi god like figures in our society.
Koapa
Superstar
Bernie Madoff got 150 years. This little fukk is lucky they asking for 40-50 years.
88m3
Fast Money & Foreign Objects
Caroline Ellison, Star Witness in FTX Case, Should Receive Lenient Sentence, Prosecutors Signal
Ms. Ellison, Sam Bankman-Fried’s former girlfriend and a top executive in his empire, is set to be sentenced on Sept. 24 for her role in the collapse of the crypto exchange.
Global Girl Boss Grass
"Caroline Ellison, a close colleague of the disgraced cryptocurrency mogul Sam Bankman-Fried, provided “extraordinary cooperation” to the government, federal prosecutors said on Tuesday, signaling that she should receive a lenient sentence for her role in the sweeping fraud that led to the collapse of the FTX crypto exchange".
"In the government’s filing on Tuesday, prosecutors did not recommend a specific sentence to the judge but pointed out that her cooperation was “not only substantial, but exemplary.”
"Ms. Ellison once asked Mr. Bankman-Fried if she could go with him to New York for the Met Gala at the Metropolitan Museum of Art, the memo said. He replied that he didn’t want to be seen in public with her".
something something best served cold
Ozymandeas
Veteran
SMH at Sam Bankman-Fried not wanting to be seen in public with her. Has his ass looked in a mirror? 
She looks like John ClaytonCaroline Ellison, Star Witness in FTX Case, Should Receive Lenient Sentence, Prosecutors Signal
Ms. Ellison, Sam Bankman-Fried’s former girlfriend and a top executive in his empire, is set to be sentenced on Sept. 24 for her role in the collapse of the crypto exchange.www.nytimes.com
Global Girl Boss Grass
"Caroline Ellison, a close colleague of the disgraced cryptocurrency mogul Sam Bankman-Fried, provided “extraordinary cooperation” to the government, federal prosecutors said on Tuesday, signaling that she should receive a lenient sentence for her role in the sweeping fraud that led to the collapse of the FTX crypto exchange".
"In the government’s filing on Tuesday, prosecutors did not recommend a specific sentence to the judge but pointed out that her cooperation was “not only substantial, but exemplary.”
"Ms. Ellison once asked Mr. Bankman-Fried if she could go with him to New York for the Met Gala at the Metropolitan Museum of Art, the memo said. He replied that he didn’t want to be seen in public with her".
something something best served cold
