600K was just cashed out. He needs court approval for anything over 1K, so possibilities: 1. He is really that stupid and going back to jail. (my bet, never underestimate his stupidity) 2. Somebody else is hacking his account. But why now, why not earlier while he was in jail? Would be funny if someone is setting him up. No way to prove it wasn't him. 3. This is actually a court approved move. 4. ??? "the guy who advocated and lobbied SO MUCH for KYC is using a no-KYC exchange..." The SushiSwap saga: https://www.forbes.com/sites/tatianakoffman/2020/09/06/exclusive-sbf-speaks-out-on-defis-sushi-saga/
Well, since everyone knows Bitcoin is not annonomus law enforcement should have no problems finding out who is moving the money. Not my problem
The bond has the $1,000 limit listed after the "remaining conditions to be met by 1/5/23" clause, so it might be ok. https://www.courtlistener.com/docket/66631292/14/united-states-v-bankman-fried/
In related news... Bahamian regulator says it seized $3.5 billion of FTX crypto assets for ‘safekeeping’ https://www.cnbc.com/2022/12/30/bahamas-regulator-seized-3point5-billion-of-ftx-crypto-assets.htm The Securities Commission of The Bahamas said it moved $3.5 billion from FTX’s Bahamian subsidiary, FTX Digital Markets, into its own digital wallets. The watchdog said the funds are being held on a “temporary basis” until it is directed by the country’s Supreme Court to deliver them to customers and creditors, or to liquidators. The regulator took the funds after receiving information from Sam Bankman-Fried concerning cyberattacks on the systems of FTX’s Bahamian unit, it said. (More at above url)
Chef Nomi.... that's a name I hadn't heard in years now... Ever since he fell from grace by stealing funds from the project, then returned them after someone figured out who he was. LOL! Ironically, he didn't go to jail.
If that 3.5 B is really safely kept, the loss is always much less what they originally thought. It is not that easy to spend (or even lose in trading or investments) 8-10 billions.
Sam is the son of satan and a fed and FTX was a US G and evil banksters operations Now they are talking about re-opening this shit exchange so they can continue to supress the price of bitcoins and crypto assets