(1/?) The @FTX_Official / @AlamedaResearch scam is still unwinding, we are still in the opening act.
Here is a running list of the long form articles I think are going to have a special place in history (spoiler: lots of @SBF_FTX boot-licking).
Stay safe; good luck.
(2/?)
"After my interview with SBF, I was convinced: I was talking to a future trillionaire. There was something else I felt: something in my heart... I couldn’t shake the feeling that this guy is actually as selfless as he claims to be."
- @sequoia
web.archive.org/web/20221109230422/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/
(3/?)
"The financials make concrete what industry-watchers already suspect: Alameda is big. As of June 30, the company’s assets amounted to $14.6B... $3.66B of unlocked FTT... a $2.16B pile of 'FTT collateral...' $292MM of locked FTT.”
- @CoinDesk
web.archive.org/web/20221102144653/https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/
(4/?)
"FTX extended loans to Alameda using money that customers had deposited on the exchange for trading purposes, a decision that Mr. Bankman-Fried described as a poor judgment call."
-@WSJ
archive.ph/IWzD5
(5/?)
"'Had I been a bit more concentrated on what I was doing, I would have been able to be more thorough,' he said. 'That would have allowed me to catch what was going on on the risk side.'"
- @nytimes
web.archive.org/web/20221114221938/https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankman-fried-crypto-bankruptcy.html
(6/?)
"Bankman-Fried secretly transferred $10B in customer funds to his hedge fund... While that’s a tragedy for FTX’s customers, it’s something of a relief for regulators... the benefits of crypto in a more regulated world remain unclear.
- @Reuters
archive.ph/6vzzP
(7/?)
"Bankman-Fried’s actual contributions to Democrats in the 2022 cycle totaled about $36 million, a fraction of what was initially promised... he’s also donated to conservative-leaning PACs that support crypto interests."
- @voxdotcom
web.archive.org/web/20221115204546/https://www.vox.com/policy-and-politics/2022/11/15/23460684/sam-bankman-fried-ftx-crypto-democrats-campaign
(8/?)
"Last night, [SBF] DMed me... typically, people under investigation by both the Securities and Exchange Commission and the Department of Justice don’t return requests for comment...[SBF], though, apparently wanted to talk."
- @voxdotcom
archive.ph/2gjxu
(9/?)
"But the sudden collapse of FTX... has sparked a financial contagion expected to doom the brothers’ pandemic-prevention agenda."
- @washingtonpost
web.archive.org/web/20221116233040/https://www.washingtonpost.com/health/2022/11/16/sam-bankman-fried-ftx-pandemic-prevention/