Noblesse

[Noblesse @Noblesse129]

@uc_taskforce Well the actual size of the FTT bag doesn’t matter since the lender should be responsible for the risks they undertook. FTX has nothing to do with the lending agreement between Alameda n Genesis. FTX got nothing out of repaying someone else’s debt - no reasonably equivalent value

[Noblesse @Noblesse129]

@uc_taskforce Initially I thought that the debtor may already be engaging with Binance for the return of the funds instead of wasting $ on suing but seeing as how they settled for 10% from Genesis, I am not sure if I can take it if they decided to settle for 10% from Binance lmao

[Noblesse @Noblesse129]

@uc_taskforce I did discuss it in length earlier:

Genesis:
https://t.co/IRH9eotNPZ

Apparently one of the lenders deleted his messages (I think).

Binance:
https://t.co/fwBZZZvdS3

In any case, it's disappointing to see how things didn't play out according to the law.

[Noblesse @Noblesse129]

@gonbegood @O_Mr_O @bkclaims @AFTXcreditor @smoltingy @wassielawyer Not ruling out the use of "intentional fraudulent transfer" but since it's harder to prove, constructive fraudulent transfer comes into play and it does not require any element of fraud/knowledge.

[Noblesse @Noblesse129]

@uc_taskforce Actual fraud aside, constructive fraud can easily be proven since there was no consideration in return for the transfer of billions to Genesis from FTX. Binance's one is more straightforward since it has been ruled by courts that stock buybacks = not a reasonable equivalent value

[Noblesse @Noblesse129]

@jjjbtc @bkclaims same here lol especially considering I was "forced" to sell the ETHs I had at the low, the 100% isn't even 100% unless valuable tokens are paid back in kind which in turn depends on whether they would be able to recover more $ than the $ owed on 11 Nov.

[Noblesse @Noblesse129]

@bkclaims GDA i guess? More importantly, what are the chances that the debtor will go after the mobilecoin manipulator? There’s a good chance to recover the $1B given Avi’s case.

[Noblesse @Noblesse129]

@MrPurple_DJ @margic21 I have always wondered about this - is the trustee allowed to put them into T-Bills w/ court permission? If yes, why are they not doing it? It’s a relatively safe investment + it maximises recovery hence fulfilling their duty to the creditors

[Noblesse @Noblesse129]

@AFTXcreditor Especially considering the chart they showed earlier (the one with Modulo).

[Noblesse @Noblesse129]

@AFTXcreditor where's Binance?! unless Binance has already promised to return those funds?

[Noblesse @Noblesse129]

@ToTheLoom @hodlKRYPTONITE ^That george guy needs to read more about foreign-sourced income rule and permanent establishment (it gives rise to tax liabilities and if there’s no DTAs among those countries, he is going to get taxed by multiple countries).

[Noblesse @Noblesse129]

@AFTXcreditor When CZ

[Noblesse @Noblesse129]

@adamscochran @spreekaway Excuse me, revenge on who? Those poor creditors? I don’t even want to remember those vomit-inducing /20 /30 threads you made to defend SBF in the early days (2020-ish) just because you stand to benefit from seed deals.

[Noblesse @Noblesse129]

@FTXRELOADED @SBF_FTX__parody @wintermute_t Probably better to tag the owner of ichibot as I recall he repeatedly thrashed FTX’s codes in the past. I think he also has $ stuck in FTX.

[Noblesse @Noblesse129]

@PatRabbitte1 @AFTXcreditor @wassielawyer Disagree. It’s a zero downside, unlimited upside thing to me. Take what’s useful and discard what’s useless. He may not be interested in doing right by customers but he does have incentive to do so for sentence reduction.

[Noblesse @Noblesse129]

@PatRabbitte1 @AFTXcreditor @wassielawyer Was talking about the past not now lol. A big if. We wouldn’t be here begging for FTX 2.0 had SBF saved FTX 1.0 via the alleged fundings. It’s a hypothetical rant and is unrelated to SBF’s involvement in FTX 2.0. Also, Ray could just ignore if info given is not useful/credible.

[Noblesse @Noblesse129]

@PatRabbitte1 @wassielawyer Not so sure about that. It’s his job to take in everything and decide which ones are useful. Even authorities sometimes need cooperation from criminals. A straight up refusal does not and will not help with recovery - that much is clear.

[Noblesse @Noblesse129]

@wassielawyer It's evident that Ray has repetitively ignored Sam - which I couldn't understand since they definitely needed critical info from Sam. I would be pissed if it's as Sam said - that FTX could have been saved had Ray communicated with regard to the "alleged" funding prospects.

[Noblesse @Noblesse129]

@0xJezza That “ERC-20” in front of the token’s name (which adds zero value while obstructing the token’s name) annoyed me so much already and now this lmao. Just fire the UI guy already.

[Noblesse @Noblesse129]

@AFTXcreditor Sir I think you could do better with all the info we currently have lol.