FTX

hobie1616

Super Anarchist
5,982
2,786
West Maui
Screenshot 2023-01-08 at 6.34.45 AM.jpg
 

Lark

Supper Anarchist
10,042
2,054
Ohio
What’s the legal basis? If the bribes donations were legal and accepted in good faith, why should the dirty politicians have to give their loot back? Don’t criminals have as much right to buy influence as honest scum? Does the Toyota dealer have to refund SBF too?
 

Clove Hitch

Halyard licker
10,851
2,052
around and about
Meanwhile, there has been no issue with Knot Dollar$ (They're not dollars; they're Knot Dollar$! ")

My clients who enrolled in my basic subscription fee of 95 USD a month have seen their balance of Knot Dollar$ increase 4% each month.

We aren't able to convert Knot Dollar$ to USD at this time, but you can convert them to KeEl Qoins at 14:1.

Ask me how!
 

giegs

Super Anarchist
1,159
664
He's been doing this kind of thing since day one of being out on bail. Lots of concerned citizens forwarding info to DOJ.
 

silent bob

Super Anarchist
9,243
1,691
New Jersey
But, he just wanted to watch football!


The collateral in Mommy and Daddy’s house sounds really fishy. Sounds like the value is sub $5 million, and they might not even have the rights to it. I think a stay at the Grey Bar Inn might be in order. Maybe that nice one in Manhattan that Epstein stayed at!
 

Ishmael

Granfalloon
58,405
16,273
Fuctifino
Coinbase issued a Wells notice by SEC.


Yeah, that's not gonna buff out.
Are we looking at the collapse of crypto and regular banking this week? This is not improving my negative optimism quotient at all.
 

Olsonist

Disgusting Liberal Elitist
30,957
5,256
New Oak City
Are we looking at the collapse of crypto and regular banking this week? This is not improving my negative optimism quotient at all.
No.

I'm not a crypto fan at all and I don't really follow it. With that proviso ... I think this Coinbase thing should be seen as the SEC laying down a marker about enforcement. They're going to start asking is this a security? There's a test for that, the Howey Test:

a contract, transaction or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party

Bitcoin isn't going to pass that. Maybe some of the other nonsense will. Or won't.

As for the SVB collapse, the Fed has been saying they will be and are raising interest rates. The market and apparently SVB bet on the Fed backing down. So yeah, SVB got bailed out (by the FDIC insurance fund which gets funded by other banks and not by the govmint/taxpayers) but they were first shut down and their investors lost everything. And the Fed is still raising interest rates.

So again, no. What I draw from all this is that the DC institutions are showing some backbone.

More fun.

 
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