Re:Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
by VHRanger on Thursday November 24, 2022 @02:34PM
(#33735341)
$65B in alleged assets is what they should have said.
Re:Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
by partiallypro on Thursday November 24, 2022 @02:21PM
(#33735214)
Tether is the biggest scam in all of crypto, so this tracks.
Re:Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
by rkachowski on Thursday November 24, 2022 @03:15PM
(#33735724)
That absolutely does not tell me everything I need to know. How the hell does the creator of inspector gadget end up mixed in this insanity?
Re:Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
by TacticalCoder on Thursday November 24, 2022 @05:06PM
(#33736765)
He's deep into the tether/Bitfinex scam since the start, way before Alameda/FTX existed. Now how he ended up there is quite a mistery but it's been known since years and years.
Re:Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions
by zepearl on Thursday November 24, 2022 @06:00PM
(#33737185)
Ah, come on: a bank with 3 employees + The Inspector Gadget (+ all other weirdness about FTX), who knows what else will come up => I now feel the need to know more, this is just too interesting&weird&funny => I'll wait with trepidation Matt Levine's post about this stuff, maybe with extras. This is almost better than any fiction books/movies.
“The chairman of FBH is Jean Chalopin, who, along with being a co-creator of cartoon cop Inspector Gadget in the 1980s, is the chairman of Deltec Bank, which, like FTX, is based in the Bahamas. Deltec’s best-known client is Tether, a crypto company with $65 billion in assets offering a stablecoin that is pegged to the dollar.”
That tells you everything you need to know.