Regarding personal lifestyle, a client gets to decide where and to who he/she gives money. I might (hypothetically) be a coke addict, but I might not like to invest my savings with a coke addict. It's not about vices, is about one professional positions, image and reliability. I am not asking anyone to trust me on their money, so it's irrelevant if I behave or not. You say "customer fund were NEVER touched... Until last minute!" (????) Seriously? Ahahah were they touched, or not? If not... Where are they? If they can make customer right, I don't see the big deal here. If they were touched, at any point, why using "NEVER"? I read the employee account, and it shows how incomptents and reckless those two were.
First of all, talking about amphetamine doesn't mean somebody is a coke addict. Amphetamine is not even coke; it's two totally different things. That's just science. LOL Amphetamine is not bad; it's actually a main ingredient used in many medications to treat a variety of diseases including Parkinson's disease and even Alzheimer's, just so you know. And second, if you don't like to invest your funds with somebody who talks about amphetamine, don't invest your funds with them. But your personal viewpoint has no bearing on how they are viewed by others. People invest their money based on how high of return their money can earn, not what their money managers do in their personal life or what they talk about. If you really want to talk about image and if people really invest their money based purely on images, nobody would ever want to invest their money with somebody who has a shit face on a head of a blowfish like your friend Cz Zhao. LOL It's not what I said. It's what employees who worked for FTX said. Read about it here. https://www.elitetrader.com/et/threads/the-last-48-hours-of-ftx-alameda-told-by-an-employee.371111/ They didn't use any customer funds for their venture capital investments or their loans, not until the last minute when they used it to pay back the loans. So technically it's your friend cz zhao who has FTX's customer funds right now. It's because of zhao's action that FTT dropped in value so much that their loans got called in and FTX had to use customer funds to repay the loans. So that's why I feel it's zhao who needs to pay FTX's customers back and make them whole.
Of course I would never have invested my funds with them. I am surprised Tudor Jones had money with them. People who invested with those two weirdos inexperienced privileged billionaires, are now holding a burned match in their hand. You also insist with saying that they didn't touch funds, until the last minute... Who cares about when how and why they misused the funds illegally? They did it. Arrest them and throw the keys away.... But you keep going about CZ and Binance. Talk about CZ is boring, I don't like to hear about him really... Unless he does something illegal. The other two did it all, although they look like two losers, they had way more fun than I did in the last few years.
This is boring now... You keep excusing those two weirdos for illegaly using customer funds to repay loans, because their mate cz fuck them up. CZ might be morally deviated... So what? the other two, for what it appears so far, are thieves with a deplorable image and reputation.
He did. He's getting investigated. There is going to be a congressional hearing about this. Dunno why he's not getting charged. He should be indicted. And besides you are the one who keeps talking about him. I never excused FTX. I just said despite what FTX did or did not do, what Cz Zhao from Binance did was despicable. He is not innocent in this.
Glad you agree with me on this, finally. If you think it's "so what?" then I can say the same thing about SBF. Do you want me to do that? LOL
(Bloomberg) Crypto fallout After helping spark a crypto crisis, former FTX.com CEO Sam Bankman-Fried published a series of tweets that combined apologies for his failings with his perspective on what went wrong at the companies he founded and ran. “We got overconfident and careless,” he said. Meanwhile, the fallout from FTX is sideswiping the Gemini crypto exchange that’s owned by the billionaire Winklevoss twins. It halted redemptions from its Earn product, which lets investors accrue as much as 8% in interest by lending out their crypto, leaving $700 million of customer money tied up.
At least SBF is classy about things: “I shouldn’t throw stones in a glass house, so I’ll hold back a bit here, except to say: probably they never really planned to go through with the deal, but so be it; we’re going to do our jobs here regardless.”
https://www.cnbc.com/2022/11/17/ftx...purchase-employee-homes-new-filing-shows.html Definitely Binance employees...