Ftx Crypto - Cryptocurrency Collapses ~articles & Videos - Svb - Silvergate Failures

Discussion in 'OFF TOPIC SUBJECTS' started by CULCULCAN, Nov 13, 2022.

  1. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

    Messages:
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    2803d080f30720a7.
     
  2. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

    Messages:
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  3. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

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    anyone know how to save these tweets ???

    (1) SBF (@SBF_FTX) / Twitter
    https://twitter.com/SBF_FTX

    SBF
    21K Tweets

    See new Tweets



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    AKRRTAI-_200x200.




    Following
    SBF

    @SBF_FTX

    CEO of
    @FTX_Official
    : http://ftx.com. Not investment advice. http://FTX.com/intl and FTT not available in the United States or prohibited jurisdictions. http://FTX.US works in US!
    Nassau, The Bahamasftx.comJoined March 2019
    2,580 Following
    1M Followers






    62LYZEro_mini.







    default_profile_mini.







    eRpJ_vCl_mini.

    Followed by FTX, victor m menjivar, and Slashdot

    Tweets

    Tweets & replies

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    SBF

    @SBF_FTX
    ·
    Nov 13

    1) What

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    SBF

    @SBF_FTX
    ·
    1h

    9) D

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    SBF

    @SBF_FTX
    ·
    1h

    10) [NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS.]

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    SBF

    @SBF_FTX
    ·
    Nov 11

    1) Hi all: Today, I filed FTX, FTX US, and Alameda for voluntary Chapter 11 proceedings in the US.

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    SBF

    @SBF_FTX
    ·
    Nov 11

    4) I'm going to work on giving clarity on where things are in terms of user recovery ASAP.

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    SBF

    @SBF_FTX
    ·
    Nov 11

    5) I'm piecing together all of the details, but I was shocked to see things unravel the way they did earlier this week. I will, soon, write up a more complete post on the play by play, but I want to make sure that I get it right when I do.

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    SBF

    @SBF_FTX
    ·
    Nov 10

    We hope this is just step one: beginning to find ways to bring liquidity to users. That is the core thing that I am fighting for right now, and will continue to fight for in whatever ways I can.
    Quote Tweet






    62LYZEro_mini.

    FTX

    @FTX_Official
    ·
    Nov 10
    FTX Announcement Regarding the Tron Credit Facility: We are pleased to announce that we have reached an agreement with Tron to establish a special facility to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets.
    Show this thread

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    CZ 1f536. Binance

    @cz_binance
    Follow
    CEO
    @binance
    , holder of #bnb Binance_Festival_Campaign_Oct_2022. #btc Bitcoin_evergreen.






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    vitalik.eth

    @VitalikButerin
    Follow
    Ethereum Fable of the Dragon Tyrant (not mine but it's important): https://youtube.com/watch?v=cZYNADOHhVY… Abolish daylight savings time and leap seconds






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    Brian Armstrong

    @brian_armstrong
    Follow
    Co-founder & CEO at
    @Coinbase
    . Creating more economic freedom in the world.
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    SBF

    @SBF_FTX
    ·
    Nov 10

    22) And, finally: I sincerely apologize. We'll keep sharing updates as we have them.

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    SBF

    @SBF_FTX
    ·
    Nov 10

    21) NOT ADVICE, OF ANY KIND, IN ANY WAY I WAS NOT VERY CAREFUL WITH MY WORDS HERE, AND DO NOT MEAN ANY OF THEM IN A TECHNICAL OR LEGAL SENSE; I MAY WELL HAVE NOT DESCRIBED THINGS RIGHT though I'm trying to be transparent. I'M NOT A GOOD DEV AND PROBABLY MISDESCRIBED SOMETHING.

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  4. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

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    AKRRTAI-_normal.

    SBF

    @SBF_FTX
    ·
    Nov 5

    BTW on the blue check marks: so far the discourse has centered around them as vanity, but remember that for people in finance, they help weed out scammers posing as someone else also this post is gonna get a lot of scammer spam isn't it

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    SBF

    @SBF_FTX
    ·
    Nov 5

    1) I was a significant donor in both D and R primaries. Supporting constructive candidates across the aisle to prevent pandemics and bring a bipartisan climate to DC. And working with them to support permissionless finance.

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    SBF

    @SBF_FTX
    ·
    Nov 5

    4) Excited to see what happens on Tuesday!

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    SBF

    @SBF_FTX
    ·
    Nov 5

    5) (As an aside: when I talk about pandemic prevention, I really do mean *prevention*. We should be working to stop the next pandemic *before* it happens, not imposing restrictive mandates for this one.)

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    SBF

    @SBF_FTX
    ·
    Nov 5

    Max funding rates never really made sense to me. If the fair rate is very negative then bounding funding rates just makes perps illiquid.
    Quote Tweet






    hhOseoKP_mini.

    Hsaka

    @HsakaTrades
    ·
    Nov 4
    band perps trading ~18% below spot. they're going to have to change the max funding limit again lmao

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    SBF

    @SBF_FTX
    ·
    Nov 4

    We're excited to help return the assets quickly to customers
    Quote Tweet






    tWAHBSGB_mini.

    Voyager

    @investvoyager
    ·
    Nov 4
    Voyagers, by now you should have received an email or paper solicitation package with further details on our updated Plan, our approved Disclosure Statement, the proposed sale to FTX US, and your ballot and voting instructions.
    Show this thread

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    SBF

    @SBF_FTX
    ·
    Nov 3

    1) Alright alright, Coinbase 2022Q3 earnings: https://s27.q4cdn.com/397450999/files/doc_financials/2022/q3/Q32022-Shareholder-Letter.pdf… previous:
    Quote Tweet






    AKRRTAI-_mini.

    SBF

    @SBF_FTX
    ·
    Aug 9
    1) Some thoughts on Coinbase's 2022Q2 earnings! https://s27.q4cdn.com/397450999/files/doc_financials/2022/q2/Q2-2022-Shareholder-Letter.pdf… previous: https://twitter.com/SBF_FTX/status/1497336018852327429…
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    SBF

    @SBF_FTX
    ·
    Nov 3

    5) My reading of this is, roughly: a) $145m of the difference is encumbered capital which will be returned b) $100m or so of loss to FX moving So something like a real loss of $400m, and a 'predictive' loss of $300m.

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    SBF

    @SBF_FTX
    ·
    Nov 3

    6) Annualizing this out, and netting out staking, you get something like: Revenue: $2b Expenses: $3.2b Once again, the vast majority of expenses seem to be headcount--roughly 80%. They have roughly $6b on hand.
     
  5. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

    Messages:
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  6. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

    Messages:
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    3d573fb4858ab80e.
     
  7. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

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    55,226
    missing.
    Hebrews10:26-29
    @Hebrews1026
    4h·
    BREAKING: WORLD ECONOMIC FORUM SCRUBS FTX CRYPTO STORY FROM WEBSITE


    Globalist Org Run By Renowned Bond Villian Cosplayer Scrubs FTX Page From Its Website | ⁦DailyCaller⁩

    Schwab, seen here telling everyone how to live through the problems he and his friends usually create:

    https://t.co/qqBzuol0ke

    — KAY SMYTHE (KaySmythe) November 14, 2022

    Daily Caller has the latest on this story:

    The World Economic Forum, run by notorious wannabe Bond villain Klaus Schwab,
    has wiped all evidence of FTX crypto exchange from its official website.


    If you haven’t been following the story of FTX, a cryptocurrency exchange that was worth lots
    of hypothetical billions a week ago and is now bankrupt, along with its founder, Sam Bankman-Fried,
    I wouldn’t blame you.


    The whole situation defines the phrase “rich people problems.”

    And while a lot of people have lost money, the bigger story is how quickly this situation
    has turned into the type of conspiracy-ridden internet nightmare that could get Alex Jones pregnant.


    Klaus Schwab’s World Economic Forum has scrubbed the page about the FTX crypto exchange from its website just days… #BreakingNews #conservative #ConservativeNews #trump #republican

    https://t.co/nCcbHQlyi7

    — Conservative News Daily (ConservNewsDly) November 14, 2022

    Conservative News Daily also broke the story:

    Klaus Schwab’s World Economic Forum has scrubbed the page about the FTX crypto exchange
    from its website just days after the exchange filed for Chapter 11 bankruptcy.


    The crypto boss and Democrat megadonor popularly known as “SBF”
    subsequently resigned last week following the scandal. <--------


    Breitbart News previously reported that the crypto exchange Binance backed out
    of its plans to acquire rival platform FTX leaving the firm on the brink of collapse. <----------


    NEWS UPDATE: Klaus Schwab's World Economic Forum has scrubbed the page
    about the FTX crypto exchange from its website. [​IMG]#CryptoNews $FTT #FTT #FTX #WEF #KlausSchwab

    — Gokhshtein Media (gokhshteinmedia) November 14, 2022

    Now you see it…

    Now you don’t…

    And just like that Klaus Schwab's World Economic Forum has scrubbed the page
    about the FTX crypto exchange from its website


    http://pic.twitter.com/mXJPy1LxjH

    [​IMG] Pismo [​IMG] (Pismo_B) November 14, 2022

    Klaus Schwab's World Economic Forum deleted the FTX cryptocurrency exchange page from its website.
    (Via Disclose TV) http://pic.twitter.com/PXbVTXZpWa
    — Malcolm X (Malcolm85064573) November 14, 2022

    Why are we still talking about elections that don’t even matter?

    All eyes should be squarely on this story!

    This calls into question the legitimacy of all elections.

    World Economic Forum partnered with #FTX to launder a War Fund to #Democrats… <--------------

    Let that sink in!#WEF Klaus Schwab and oBiden just used YOUR MONEY to fund the democrat Steal. <-------------

    Nothing Matters more than THIS right now [​IMG]#Midterms2022 #Midterms #MidtermElections #Rigged http://pic.twitter.com/oYEld24div

    — SmlPplAgstBigGov (SPABG2) November 13, 2022
    https://welovetrump.com/2022/11/14/...c-forum-scrubs-ftx-crypto-story-from-website/
    8c8a23e6f3c74653.

    7
     
  8. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

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    55,226
    Again, FTX was the 2nd largest contributor to the Dems, behind Soros, who else helped the Dems? Yep,
    @GOPLeader
    Kevin McCarthy. Is the Ukraine picture coming unto focus?

    FhjxPMSXgAI6VE3?format=&name=large.

    Again, FTX was the 2nd largest contributor to the Dems, behind Soros, who else helped the Dems? Yep,
    @GOPLeader
    Kevin McCarthy. Is the Ukraine picture coming unto focus?
     
  9. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

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    Received new replies






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    SBF

    @SBF_FTX
    ·
    Nov 13

    1) What

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    SBF

    @SBF_FTX
    ·
    2h

    12) To the best of my knowledge, as of post-11/7, with the potential for errors: a) Alameda had more assets than liabilities M2M (but not liquid!) b) Alameda had margin position on FTX Intl c) FTX US had enough to repay all customers Not everyone necessarily agrees with this

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    SBF

    @SBF_FTX
    ·
    23m

    13) My goal—my one goal—is to do right by customers. I’m contributing what I can to doing so. I’m meeting in-person with regulators and working with the teams to do what we can for customers. And after that, investors. But first, customers.
     
  10. CULCULCAN

    CULCULCAN The Final Synthesis - isbn 978-0-9939480-0-8 Staff Member

    Messages:
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    SBF

    @SBF_FTX
    ·
    Nov 13

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    @SBF_FTX
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    @SBF_FTX
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    SBF

    @SBF_FTX
    ·
    14h

    10) [NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS.]

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    SBF

    @SBF_FTX
    ·
    7h

    11) I'll get to what happened. But for now, let's talk about where we are today.

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    SBF

    @SBF_FTX
    ·
    2h

    12) To the best of my knowledge, as of post-11/7, with the potential for errors: a) Alameda had more assets than liabilities M2M (but not liquid!) b) Alameda had margin position on FTX Intl c) FTX US had enough to repay all customers Not everyone necessarily agrees with this

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    AKRRTAI-_normal.

    SBF

    @SBF_FTX
    ·
    25m

    13) My goal—my one goal—is to do right by customers. I’m contributing what I can to doing so. I’m meeting in-person with regulators and working with the teams to do what we can for customers. And after that, investors. But first, customers.

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    AKRRTAI-_normal.

    SBF

    @SBF_FTX
    ·
    14h

    Replying to
    @SBF_FTX
    10) [NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS.]
     

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