Hacker News new | past | comments | ask | show | jobs | submit login

Here is SBF's full statement: https://www.forbes.com/sites/stevenehrlich/2022/12/13/exclus...

Worth a read




Oh my god. Reading that leaves me with a single opinion: he is a broken, corrupt, manipulating fraud.


Not really. He's a pathological liar. There's probably great incriminating evidence there (as in lies that can be exposed as lies for not a word of that person can be trusted) and it's good to see him whine that his accounts got blocked but it's not a good read.

The six counts of conspiracy are a great read though. I wonder who his co-conspirators are but in case they're in the Bahamas those implicated may not be sleeping that well: now they just saw that even the bahamian authorities bow to Uncle Sam.


[flagged]


Curious why you believe sbf has earned the benefit of the doubt?


The software was good, so I was surprised it was fraud. But then my funds were frozen, so I thought it was fraud. But now he says he didn't freeze the funds, and this Ray guy seems suspicious.


The aggressively useless chin mask in the lead photo sends a certain message.

I wonder what he means by saying that "the password to my LinkedIn account still hasn't been returned". Is he claiming that the "Chapter 11 team" has taken over his account and changed his password? Is that... normal?


They probably changed his keepass or bitwarden main password, which effectively locks anyone using those products with generated passwords from entering into anything.


To my knowledge, he has yet to give a reasonable answer why Alameda was using FTX customer funds. He can't, because that should never have happened, and is considered fraud anywhere.


Does such statement, given what SBF did and said, qualify as treacly and sanctimonious?


This part's pretty incorrigible: "I have potentially pertinent information concerning future opportunities and financing for FTX and its creditors."


> This part's pretty incorrigible

Sorry I don't understand. Can you elaborate?


He kept reaching out to the Chapter 11 exec with a fantastic (as in fantasy) notion that he knew a potential investor willing to sink billions of dollars into paying back users, then wondered why he wasn't getting a response. The exec had already told him, "There's nothing to save Sam". Can't imagine any sane investor throwing away $8B+ of their own money to dig FTX out of their hole.


Lol. Not returning the call of the guy who built a multi-billion dollar business from scratch even after he says he has an investor willing to invest billions is shady as fuck.

As a FTX.us user with funds held by them, I'm deeply suspicious of John Ray https://en.wikipedia.org/wiki/John_J._Ray_III.

Can I demand he speak to SBF?

He's a corrupt coward if he won't even speak to him.

Somebody is a crook here, and I'm thinking it's John Ray.

- Breck Yunits (I'm no anon coward, unlike the others talking a lot of trash)


Go to bed, Sam's friend


Lol. Never met him. Don't know him. (AFAIK, maybe years ago we crossed paths in the valley, don't remember if we did)

Nice anon account! I hope you are being paid for your shilling.


The part about the Chapter 11 legal fees is particularly interesting. It starts on page 8.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: