@SBF_FTX
@cz_binance
You think this is a game you lying sack of shit? Nobody won. Our industry got hit. People took their lives. Every single person and company in this industry suffered at some level from the ripple effects of this.
The fact you still refer to this as a game to be won just shows
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It seems $15m not only changed
@kevinolearytv
’s mind about crypto, it also made him align with a fraudster. Is he seriously defending SBF?
(baseless attacks start around 4:20).
A thread. 1/11
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2/ We exited FTX 1.5 years ago in July 2021.
Since then, FTX invested in a myriad of companies, totaling to $5.5+ billion, including but not limited to:
Source:
Because I'm incredibly autistic, I exported all the Alameda investments (more than 470!) from the FT piece. The total amount invested is roughly $5.3 billion.
The largest investments are:
1) Genesis Digital Assets
2) Anthropic
3) Digital Assets DA AG
4) K5
5) IEX
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3/ On top of that, FTX spent money on Miami Stadium, multiple Super Bowl ads, baseball referees, F1, not to mention massive political donations and luxury real-estate. Oh, and reprehensible misuse of customer funds.
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4/ Worse than losing $15M, you’d think that being used as the poster child for one of the greatest financial crimes in history would make
@kevinolearytv
think twice before taking Sam at his word AGAIN. But clearly not, based on his appearance on
"If you want to say he's guilty before he's tried, I just don't understand it," says
@kevinolearytv
on
@SBF_FTX
. "There's only the murder of my money in this case."
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5/ Unlike
@kevinolearytv
we continue to do due diligence even after we make an investment. As an early investor in FTX, we became increasingly uncomfortable with Alameda/SBF and initiated the exit process more than 1.5 years ago.
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6/ Sam was so unhinged when we decided to pull out as an investor that he launched a series of offensive tirades at multiple Binance team members, including threatening to go to “extraordinary lengths to make us pay” – we still have those text messages.
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@cz_binance
You won,
@cz_binance
.
There's no need to lie, now, about the buyout.
We initiated conversations around buying you out, and we decided to do it because it was important for our business.
And while I was frustrated with your 'negotiation' tactics, I chose to still do it.
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@cz_binance
You threatened to walk at the last minute if we didn't kick in an extra ~$75m.
We did it anyway because this just made us feel more confident we didn't want Binance on our cap table.
But again, none of this is necessary. You won. Why are you lying about this now?
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@OGDfarmer
@SBF_FTX
@cz_binance
It’s like he doesn’t want to acknowledge that there are people who lost thousands and it financially devastated them more than him losing billions.
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