FTX Latest: Police Interview Bankman-Fried; Mystery Outflows

Jan

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Police interview FTX founder as R11 billion mysteriously leaves crypto exchange

A day after Sam Bankman-Fried’s digital-asset empire filed for Chapter 11 protection, the former crypto mogul was interviewed by Bahamian police and regulators, according to a person familiar with the matter.

Analysts say about $662 million in tokens mysteriously flowed out of both FTX’s international and US exchanges.
 
The_Right_Honourable_Brit said:
From the most successful investors of all time (or at least, one of the best):

https://twitter.com/x/status/1591502421129416706
Click to expand...

Only that he invested in Nubank which is expanding into crypto and will launch their own coin in 2023. I don't know about his bad ending since Nucripto seemed to have been a motivation in acquiring a stake.

I can say the same about those JPMorgan people who already have their own crypto… which gave birth to Kadena which I like very much.
 
FTX is based in Nassau, the Bahamas. Below is a little bit of Nassaus's history.

"Thomas Walker was the island's last remaining appointed official and although evidence is scarce, it appears that he was acting in the role of deputy governor upon Benjamin Hornigold's arrival in 1713. By this time, the sparsely settled Bahamas had become a pirate haven known as New Providence. The Governor of Bermuda stated that there were over 1,000 pirates in Nassau and that they outnumbered the mere hundred inhabitants of the town. They proclaimed Nassau a pirate republic, recognising the island's prosperous state in which it offered fresh fruit, meat and water and plenty of protection amid its waterways. Nassau's harbour was tailor-made for defence and it could take around 500 vessels, though it was too shallow to accept large battleships. Benjamin Hornigold, along with his great rival Henry Jennings, became the unofficial overlord of a veritable pirate republic which played host to the self-styled Flying Gang. Other pirates that used Nassau as their base included Charles Vane, Thomas Barrow (who declared himself "Governor of New Providence"), Calico Jack Rackham, Anne Bonny, Mary Read, and the infamous Edward Teach, better known as "Blackbeard." - Wikipdia

I wonder if Sam Bankman-Fried's name will be added to the list of Pirates based in Nassau? Maybe the king of Pirates? I think he wiped out more wealth than all the pirates of Nassau combined?
 
JabiRider said:
FTX is based in Nassau, the Bahamas. Below is a little bit of Nassaus's history.

"Thomas Walker was the island's last remaining appointed official and although evidence is scarce, it appears that he was acting in the role of deputy governor upon Benjamin Hornigold's arrival in 1713. By this time, the sparsely settled Bahamas had become a pirate haven known as New Providence. The Governor of Bermuda stated that there were over 1,000 pirates in Nassau and that they outnumbered the mere hundred inhabitants of the town. They proclaimed Nassau a pirate republic, recognising the island's prosperous state in which it offered fresh fruit, meat and water and plenty of protection amid its waterways. Nassau's harbour was tailor-made for defence and it could take around 500 vessels, though it was too shallow to accept large battleships. Benjamin Hornigold, along with his great rival Henry Jennings, became the unofficial overlord of a veritable pirate republic which played host to the self-styled Flying Gang. Other pirates that used Nassau as their base included Charles Vane, Thomas Barrow (who declared himself "Governor of New Providence"), Calico Jack Rackham, Anne Bonny, Mary Read, and the infamous Edward Teach, better known as "Blackbeard." - Wikipdia

I wonder if Sam Bankman-Fried's name will be added to the list of Pirates based in Nassau? Maybe the king of Pirates? I think he wiped out more wealth than all the pirates of Nassau combined?
Click to expand...

He is a conartist and charlatan, and wouldn't have survived a day on the seven seas. Though... Sam did conduct business under the American-marque :unsure:
 
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