captain554
captain554 t1_j1ku4j2 wrote
Reply to comment by Phantom-Z in Judge kept cooperation of Alameda CEO, FTX co-founder a secret so Sam Bankman-Fried wouldn’t get spooked and fight extradition by ihavestrings
Had he not given any interviews he probably would be in less trouble. In the interviews he strongly alluded to the fact that all customers money was in one big bucket and Alameda had open access to all of it. His justification was that some of those customers agreed to the terms of service that allowed for the trading/risk. Too bad "some" doesn't mean "all."
He is definitely going to rot.
captain554 t1_j0o5qjb wrote
Reply to comment by ravs1973 in Deal reached for new non-Russian power source for Europe by LieutJimDangle
They do. Or at least, they have oil and the capacity to export a lot of it. Apparently it pisses Iran off that Azerbaijan already supplies oil to Israel and is planning for pipelines to other places. And I believe those other places are also on Iran's poo-list.
captain554 t1_it7tk14 wrote
Reply to comment by thruster_fuel69 in Scientists Are Gaming Out What Humanity Will Do If Aliens Make Contact by EricFromOuterSpace
Thank you for your insight thruster_fuel69.
captain554 t1_je3cv9r wrote
Reply to comment by Sufferment in Banks in France Face More Than $1.1 Billion Fines After Raids by 21Rep
Trick is to sell right before the crash: "CEO Greg Becker sold over $3.5 million in company stock, an SEC filing shows. Less than two weeks before Silicon Valley Bank became the largest bank failure since the 2008 financial crisis, top executives at the company sold stock totaling several million dollars, according to federal disclosures obtained by ABC News"