In this episode we take a deep dive into Sam Bankman-fried (SBF) and the FTX / Alameda situation.
One YouTuber had this to say:
I’d venture to guess Sam’s father was more involved than the public knows. This story needs to be told, and heads should roll. Derivatives, in the wrong hands, are often evolved into financial weapons of mass destruction. The fallout has only begun.
Something that was interesting to me was this comment brought up by another person:
Michael Lewis, the guy who wrote The Big Short, was already planning to write about Sam Bankman-Fried, and already shadowing him, even before the collapse. He was deeply embedded in it all and got a front row seat to the entire thing. He’s now writing the book and there will be a movie. The world moves so fast now.
It will be interesting to see what happens, but with something like Maxine Waters blowing a kiss to Sam of SBF, he’ll probably be propped up even more as a democrat asset.
Maxine Waters just blew @SBF_FTX a kiss. Safe to say that went well.😘 pic.twitter.com/C8I90fdmqW
— chochaymon (@ElliottFryback) December 8, 2021