12/04/2022 / By Ethan Huff
Democrats who were on the dole of crypto scammer Sam Bankman-Fried’s (SBF) FTX and Alameda operations are demanding amnesty for the crook, who they claim simply “had a bad month.”
Following a recent interview in which SBF claimed ignorance about the missing millions of investor dollars, leftists were quick to call for everyone to forgive and forget about the matter while allowing SBF to move on with his life as a free man.
“I didn’t ever try to commit fraud on anyone,” was one of SBF’s many lies throughout the interview.
“I have limited access to data,” was another he told, pretending as though he was shocked, just like everyone else, to learn about the fraud and collapse of his own companies.
“I didn’t knowingly commingle funds,” SBF lied once again when asked who had access to the data if he supposedly did not (Related: SBF was also caught buying off media outlets to publish fake-nice things about him).
Note that SBF’s use of the word knowingly in that admission actually suggests that he did commingle funds – just not on purpose. These little linguistic tricks are used all the time by career criminals like SBF to pull the wool over the public’s eyes.
Regardless of what he claims or does not claim, SBF’s two companies, FTX and Alameda, shared an account at their United States-based banking partner Silvergate. How SBF could not have known about this is, well, impossible.
SBF is trying to claim that this joint account was simply an “accounting mistake,” and that there is a difference between FTX’s audited financials and FTX’s internal dashboards showing Alameda’s positions.
SBF also insists – this is another lie – that he did not actually run Alameda because he would not have had the time or bandwidth to maintain control over the two companies at one time.
“I wasn’t running Alameda,” SBF lied. “I was nervous because of the conflict of interest of being too involved.”
The implication, of course, is that former Alameda CEO Carolina Ellison, whom some media outlets have referred to as SBF’s “girlfriend” – this is also questionable – is the one to blame for the downfall of these criminal operations.
Upon being asked when he supposedly figured out that there was a problem with the two companies, SBF responded with, “November 6.” This is the day that Changpeng Zhao, also known as CZ in the media, publicly tweeted that he was going to liquidate Binance’s holdings of FTT.
It was that this time, SBF claims, that he realized “there was a potential, serious problem there” since Alameda’s position on FTX was huge and had just taken a massive hit.
SBF said, when asked, that his lawyers are not supportive of him speaking about these matters. However, he says he feels has “a duty to talk and to explain what happened.”
“I’m looking to be helpful anywhere I can with any of the global entities,” SBF had the gall to say as if he is some kind of innocent good Samaritan in all this.
In SBF’s version of events, all that happened here was that a risk management problem got out of control. There was no fraud or criminality, he insists, comparing what happened to a “run on the bank.”
“I don’t personally think that I have” criminal liability, SBF would go on to declare.
Modern finance is infested with criminals like SBF. More of the latest can be found at Collapse.news.
Sources include:
Tagged Under:
Alameda, Binance, Caolina Ellison, Collapse, crypto, fraud, FTX, liar, lies, pathological liar, risk, Sam Bankman-Fried, SBF, sociopath
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