FTX Was Registered with and Licensed by the CFTC, Which Failed to Regulate FTX

Re:FTX Was Registered with and Licensed by the CFTC, Which F... by chockZ on Tuesday November 15, 2022 @09:29AM (#33609543)

Considering the legal exposure SBF has and the (in my opinion high) likelihood of going to jail for a very long time, I was amazed that the NYT got SBF on the record at all. Every time he opens his mouth he is just giving the DOJ more rope. I'd agree that the Times was soft on him and FTX in general, considering the vast criminality of the organization, but the article is not going to change the inevitable criminal outcome here.

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by yeahwhatever10 on Tuesday November 15, 2022 @10:36AM (#33610420)

SBF was Biden’s second largest campaign donor and his mysterious business partner Gary Wang has suspected ties to the CCP. The DOJ will certainly not be looking into SBF.

And I know you won’t believe it, so go listen to Marc Cohodes on the Hidden Forces podcast.

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by xadhominemx on Tuesday November 15, 2022 @11:09AM (#33610966)

The DOJ is already looking into SBF.

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by yeahwhatever10 on Tuesday November 15, 2022 @11:20AM (#33611139)

Same DOJ that looked at Epstein? ‘Looking’ is carrying a lot of weight here.

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by xadhominemx on Tuesday November 15, 2022 @12:00PM (#33611784)

Yes. If you recall, Epstein died in a federal jailhouse awaiting trial and then his girlfriend/madame was tried and sentenced to 20 years in prison.

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by yeahwhatever10 on Tuesday November 15, 2022 @12:24PM (#33612189)

And after that they kept investigating right? Prosecuted his clients and backers, right? Right?

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by xadhominemx on Tuesday November 15, 2022 @02:32PM (#33613811)

How does this tie back to SBF?

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by chockZ on Tuesday November 15, 2022 @11:38AM (#33611427)

SBF was not a "Biden Campaign Donor" - he donated to various Democratic candidates and PAC's. You also neglect to mention that FTX's Co-CEO (Ryan Salame) donated $23MM to GOP candidates/PAC's and was the 10th largest GOP donor in the Midterms.

As far as the DOJ goes - they are already "looking into SBF" and if you honestly don't believe he will go to jail for a very, very long time then I have some waterfront real estate in Nebraska that I'd like to sell you...

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by yeahwhatever10 on Tuesday November 15, 2022 @11:45AM (#33611537)

You just can’t accept that your beloved politicians are crooks.

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by freejazz on Tuesday November 15, 2022 @01:36PM (#33613110)

Projecting.

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by dfghbbjiiugb on Tuesday November 15, 2022 @02:00PM (#33613396)

>his mysterious business partner Gary Wang has suspected ties to the CCP.

What, just because he's Chinese-American? Is there any basis for this or is it just racism?

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Re:FTX Was Registered with and Licensed by the CFTC, Which F... by MichaelCollins on Tuesday November 15, 2022 @10:37AM (#33610440)

Bankman-Fried must think the fix is already in.

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