The biggest pieces of shit in the scheme of things are the bankruptcy (liquidation) lawyers and the liquidators themselves.
They do love a good financial disaster and they do bugger all for the creditors; only for themselves. Vultures to the max.
These liquidator bounty hunters get a fixed % fee on all assets recovered.
In South Africa it's 3% on fixed assets (real estate) and 10% on movables (all other items besides cash).
So if say 10% of USD 16bn is recovered then it's a USD 1bn payday for the liquidators. The lawyers will charge at least another few hundred million dollars.
My haemorrhoids bleed for them.
As for Bankman-Fried, we'll he's just another corporate scumbag whose biz the USA govt deliberately crashed as if to say:
"Hey you dumb fuckers Joe public, we told you crypto was risky".
The first world central bank network has been nuking crypto for years now to prevent it losing control over all money.
Dr Alexander, Save your brain and time, nothing will be as comprehensive as this from M Crawford, an MIT inner circle guy. Prepare to have your head spinning.
It's quite the report and I like that substack, but these criminals at FTX are just turds, they are nothing fascinating. I can't find the motivation to dissect these turds and analyze them under the microscope in so many words. Just flush the turds.
I wonder if we time-share owners can schedule our week in advance - I mean, it WAS purchased at least in part with our (washed and pressed) tax dollars.
The Wellness company sounds great. The purchase of the $121 million dollar home, is theft at its worst. Evil scumbags.
The biggest pieces of shit in the scheme of things are the bankruptcy (liquidation) lawyers and the liquidators themselves.
They do love a good financial disaster and they do bugger all for the creditors; only for themselves. Vultures to the max.
These liquidator bounty hunters get a fixed % fee on all assets recovered.
In South Africa it's 3% on fixed assets (real estate) and 10% on movables (all other items besides cash).
So if say 10% of USD 16bn is recovered then it's a USD 1bn payday for the liquidators. The lawyers will charge at least another few hundred million dollars.
My haemorrhoids bleed for them.
As for Bankman-Fried, we'll he's just another corporate scumbag whose biz the USA govt deliberately crashed as if to say:
"Hey you dumb fuckers Joe public, we told you crypto was risky".
The first world central bank network has been nuking crypto for years now to prevent it losing control over all money.
Personal responsibility is over rated.
Dr Alexander, Save your brain and time, nothing will be as comprehensive as this from M Crawford, an MIT inner circle guy. Prepare to have your head spinning.
https://roundingtheearth.substack.com/p/a-grand-unified-theory-of-the-ftx
It's quite the report and I like that substack, but these criminals at FTX are just turds, they are nothing fascinating. I can't find the motivation to dissect these turds and analyze them under the microscope in so many words. Just flush the turds.
Yes they are, but we’ll connected and well placed in the Plot
Well, huh. How nice for them.
SELL THE PROPERTY and pay back Justin Berber---hahahah
Any money that can be traced back to Sam will be clawed back, as small a percentage as it is.
GREEDY IN MONEY N POPULARITY , PEOPLE SUFFER IN FEAR MONGER , POVERTY N SICKNESS + ///// DR..ALEXANDER KEEP D GODLY WORK +
I wonder if we time-share owners can schedule our week in advance - I mean, it WAS purchased at least in part with our (washed and pressed) tax dollars.