The fall of Sam Bankman-Fried is crypto’s Enron moment

Re:The fall of Sam Bankman-Fried is crypto’s Enron moment by arkis22 on Tuesday November 15, 2022 @11:32PM (#33618876)

I think that based on his enthusiasm to invest in Elon's takeover of Twitter he thought he was a big dog. He thinks he's a celebrity billionaire. He's still calling people to invest in his companies, which is like lighting money on fire because it's all going to be withdrawn immediately. He is clueless.

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Re:The fall of Sam Bankman-Fried is crypto’s Enron moment by marshmallowmad on Tuesday November 15, 2022 @11:37PM (#33618912)

I would pay to hear some of these conversations of him asking for more money right now. I wonder if people just start laughing or try to tell him the truth.

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Re:The fall of Sam Bankman-Fried is crypto’s Enron moment by hunterb123 on Tuesday November 15, 2022 @11:46PM (#33618978)

> based on his enthusiasm to invest in Elon's takeover of Twitter

Could you explain what you meant by this?

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Re:The fall of Sam Bankman-Fried is crypto’s Enron moment by imron on Tuesday November 15, 2022 @11:58PM (#33619076)

Likely this: https://twitter.com/elonmusk/status/1591224814597189633

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Re:The fall of Sam Bankman-Fried is crypto’s Enron moment by spyder on Wednesday November 16, 2022 @05:04AM (#33620874)

Well there is people who would still invest in him with the condition of tighter control / regulation despite already losing money in this shitshow :-D. But it's probably just a crazy coping mechanism for being involved:

https://cryptopotato.com/despite-ftx-bankruptcy-kevin-oleary...

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