Seriously? SBF released on 250 million

Discussion in 'Crypto Assets' started by Q.E.D., Dec 22, 2022.

  1. The entire bail wasn't posted. His parents leveraged their house into 250 Mil. They are trading on margin.

    Now, you think I am making this up, but there is a lot of truth to it. Entire bail is not posted- if he runs, then the government will collect (in theory) 250 Mil, not just his parents house. Of course, this is laughable because they will never collect the 250 Mil as it does not exist.

    Unless by chance SBF is hiding 250 mill somewhere in the Cayman islands AND the government finds it...
     
    #71     Dec 24, 2022
  2. ktm

    ktm

    I know if you get a bail bondsman you can put up 10% and the BB guarantees the rest. Someone posted that the parent's house was worth $4M, so how does that get leveraged into 250M or even 25M? Can I do that? Where will the gov't collect 250M if someone hasn't pledged collateral worth that? I'm not saying I don't believe you, just that there's some missing info here.
     
    #72     Dec 24, 2022
  3. lwlee

    lwlee

    Last I read, there is an unidentified party who also backed SBF in his bail. Damn first time, Mr Wonderful doesn't want any publicity!
     
    #73     Dec 24, 2022
  4. It doesn't. That's why, if SBF runs, the most the government will get is his parent's house, + do possible wage garnishment on SBF and his parents for as long as they live.

    There may have been some undisclosed others behind the scenes, but generally you don't have to post the whole bail requirement. Just a small fraction.
     
    #74     Dec 24, 2022
  5. taowave

    taowave

    Has there been any mention of how much money the hedge fund lost ??
     
    #75     Dec 24, 2022
  6. Pekelo

    Pekelo

    I meant individuals, not parties or organizations. If he lost 10MM for you, you may want to throw in an extra 50K for a hitman.
     
    #76     Dec 24, 2022
  7. johnarb

    johnarb

    This guy thinks the bitcoin wallet address that we posted on the ET Bitcoin Price thread belongs to Sam bankerScammer-Fraudster (follow the link to the Bitcoin blockchain explorer)

    1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd

     
    #77     Dec 24, 2022
  8. M.W.

    M.W.

    Jew Jew Jew Jew Jew. Call the Jew police because I said it. She said Jew ,she must leave ET immediately .

    Carry on , it's already comical enough ,Merry Christmas, Jew, lol.

     
    #78     Dec 24, 2022
  9. wildchild

    wildchild

    It sounds like he may have $1 billion of dirt on the democrat party. These things seem to work themselves out and there is only one way to guarantee that he will not talk.
     
    #79     Dec 24, 2022
  10. M.W.

    M.W.

    You did not know? J$$s can cough and through sheer brain power turn 4mil into 250mil. Or the neighbor who happens to be judge and attends the same sxnagxgue said "come on, let 4m be good to satisfy my demands". All good in the hood.


     
    Last edited: Dec 24, 2022
    #80     Dec 24, 2022