@SBF_FTX@andrewrsorkin@dealbook In 2008, Bernie Madoff was arrested within 24 hours of his fraud being revealed.
In 2022, Sam Bankman-Fried will be attending the NYTimes dealbook summit after his fraud was revealed.
Unfortunately, I have some pretty bad news to share. Last week Ikigai was caught up in the FTX collapse. We had a large majority of the hedge fund’s total assets on FTX. By the time we went to withdraw Monday mrng, we got very little out. We’re now stuck alongside everyone else.
4) A *huge* thank you to CZ, Binance, and all of our supporters. This is a user-centric development that benefits the entire industry. CZ has done, and will continue to do, an incredible job of building out the global crypto ecosystem, and creating a freer economic world.
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
Loved this part of that nothingburger "interview" where Do Kwon tries to describe fraud in a way that doesn't implicate him but ends up implicating himself anyway.
• Lied about 2021 Jump bailout & Chai
• Lied about LFG multisig
• Lied about TFL Curve cashouts
Need I go on...