Re:SEC Charges Samuel Bankman-Fried with Defrauding Investor...
by zeven7 on Tuesday December 13, 2022 @12:34PM
(#33972396)
> Several months ago, I found myself having a few mocktails and splitting vegan snacks with Sam Bankman-Fried at a restaurant near my house. We touched on, among other things, his proposal to create a new publication featuring writers he liked, including me.
> I declined, which obviously in retrospect was the right choice. I told him that I like my Substack just fine and make plenty of money, though he was happy to offer more. But I also told him that given the extent to which we agree on a lot of important issues, I thought it was a lot more valuable to these causes for me to maintain credibility by not accepting any of his money.
Meanwhile the CEO of The Block received a $43M "loan" from SBF[1].
> I declined, which obviously in retrospect was the right choice. I told him that I like my Substack just fine and make plenty of money, though he was happy to offer more. But I also told him that given the extent to which we agree on a lot of important issues, I thought it was a lot more valuable to these causes for me to maintain credibility by not accepting any of his money.
Meanwhile the CEO of The Block received a $43M "loan" from SBF[1].
[1] https://www.coindesk.com/podcasts/the-breakdown-with-nlw/sbf...