bit¢oin$

lol, is he literally admitting that the whole effective altruism thing was a charade?

Ethics = being woke, YEP

i think he still prob agreed with the core of effective altruism that him getting all the money was good

A class action lawsuit has been launched against FTX’s former chief executive Sam Bankman-Fried over the crypto exchange’s collapse which also names as defendants a host of its celebrity backers including Larry David, Naomi Osaka, Gisele Bündchen and Shaquille O’Neal.

Filed in Florida by class action attorney Adam Moskowitz, the case is one of the first to attempt to hold the sports stars and entertainers who promoted cryptocurrencies in the boom years responsible for their support.

As well as naming Bankman-Fried as a personal defendant, the case pulls in as co-defendants a host of names who it claims “either controlled, promoted, assisted in, (or) actively participated in FTX Trading”.

They include: comedian Larry David; Japanese tennis star Naomi Osaka; the married couple Gisele Bundchen and Tom Brady and his fellow NFL star Trevor Lawrence; basketball players Shaquille O’Neal, Steph Curry, Udonis Haslem and the Golden State Warriors; baseball players Shohei Ohtani and David Ortiz; and celebrity investor Kevin O’Leary.

sometimes a shady trading operation with close ties to your company creeps up on you

There is something a little different about his vibe, a little more self-aware, a little less genuinely grandiose than IDK, WeWork guy.

wework guy is just a garden variety egomaniacal huckster, sbf is something weirder

lmao

(3/3) Mr. Bankman-Fried has no ongoing role at @FTX_Official, FTX US, or Alameda Research Ltd. and does not speak on their behalf.

— FTX (@FTX_Official) November 16, 2022

Suing him for what he’s worth negative 50 billion dollars right now

ah well nevertheless

JUST IN: Singapore’s state-owned investor Temasek has decided to write down its entire $275 million investment in FTX, saying its belief in Sam Bankman-Fried was likely “misplaced" https://t.co/ik34KJrA2t

— Bloomberg (@business) November 17, 2022

P funny that Larry David is getting sued for literally telling people not to get involved with this company.

*Curb theme plays*

total curb plot

lol xp

I feel like the Curb plot would be that this then leads to “Larry Knew” protests

lmao

Alameda Research CEO learning the wrong lessons

Can't stop reading Caroline's Goodreads reviews. Perhaps the one on Super Pumped is the most telling.

She also gave Bad Blood a 4.41/5. pic.twitter.com/MdxzZT1ga7

— Kari Vanessa McMahon (@karivmcmahon) November 13, 2022

lmao grayball was their law breaking software

Co-CEO of Alameda Research, Caroline Ellison preparing for Christmas 🤶 pic.twitter.com/lxDvjFLBI0

— Mr. Whale 🐳 whalechart.org (@WhaleChart) November 11, 2022

lol

The Psychopharmacology Of The FTX Crash

Lol I read most of that before realizing it was SSC you gotta warn me of these things

One thread etc

Coverage of FTX meltdown is incomparably faster *and* better quality on Twitter than old-school media

— Elon Musk (@elonmusk) November 17, 2022

pic.twitter.com/mxdCbTJlCr

— Jaba The Reversal (@nikos5800) November 17, 2022

https://www.theonion.com/what-to-know-about-the-collapse-of-ftx-1849786911

Q: So if FTX is bankrupt, which exchange is more trustworthy for my remaining crypto assets, Coincheck or Bitstamp?
A: You are going to lose all of your money.

lol

🐦[Co-CEO of Alameda Research, Caroline Ellison preparing for Christmas 🤶 pic.twitter.com/lxDvjFLBI0🕸
— Mr. Whale 🐳 whalechart.org (@WhaleChart) November 11, 2022🕸]🐦

born 1994, says Wikipedia. 28.

Weird vibe from that Vox interview, yeah, like SBF doesn't care that much about his own wellbeing or the ramifications of admitting all this stuff (or he's sufficiently sheltered that he isn't worried about it)

admitting that he doesn't give a fuck about ethics is genuine, at least. if he gave 0.001% a fuck about it he would be feeling extremely bad about how much he damaged the important new groundbreaking idea of "effective altruism" for anyone else who is using that as their line right now

ethics are what you impose on other people

it's true but it's not genuine is how i break it down etc

he doesn't do genuine he does "what likely plays right now" -- sometimes this overlaps with the facts

Those who bought Coachella NFTs earlier this year are having trouble accessing their assets https://t.co/tkIyyXMHil

— Pitchfork (@pitchfork) November 17, 2022

oh no

all my coachella lifetime passes gone

Can still access my bananas and baby pickle.

Weird vibe from that Vox interview, yeah, like SBF doesn't care that much about his own wellbeing or the ramifications of admitting all this stuff (or he's sufficiently sheltered that he isn't worried about it)

― jmm, Thursday, November 17, 2022 10:27 AM (three hours ago) bookmarkflaglink

turns out it wasnt exactly an interview or at least he didnt think so, he didnt realize the texts were going to be published even tho he was talking to a reporter he had no relationship with and he didnt ask for it to be off the record, lol what a bozo

I'm old and not in tech but that guy's whole affect strikes me as a guy I wouldn't trust giving me cheat codes for the new GTA let alone anything for $.

xp it's also funny that people are commenting "wow he should have said this was off the record" when that'd mean jack shit after his company is toast and no one's going to get to interview him anymore. there's no legal standing to OTR, it's just "I'll tell you some juicy shit, please don't burn me and I might keep doing it in the future"

prob most reporters wouldve respected it but yeah its not like theres a law

actually it's about ethics in shitcoin journalism

turns out it wasnt exactly an interview or at least he didnt think so, he didnt realize the texts were going to be published even tho he was talking to a reporter he had no relationship with and he didnt ask for it to be off the record, lol what a bozo

― lag∞n, Thursday, November 17, 2022 10:36 AM (twenty-six minutes ago)

I had just been saying to a friend of mine after it came out that he's been blabbing at Michael Lewis for six months that he really should've read The Journalist and the Murderer, but he has been quoted as saying that books are a waste of time

nobody should ever talk to a journalist for any reason

its pretty funny must admit, bet hes still talking to him too

i bet he knew michael lewis did moneyball and figured it was gonna be that sort of thing, heck michael lewis prob told him that, you ever see that movie where brad pitt is smart thats you boy were gonna get handsome oscar isaac to play you

Gonna be T Chalz with a bad perm

I admit I find it very odd that this dude was able to earn so many people's trust and life savings

aiui the website looked good

have not seen it myself

I wonder how many people actually signed up for FTX because of the Larry David ad. Feels like the ad was practically made for the Larry character to be proven right.

I had just been saying to a friend of mine after it came out that he's been blabbing at Michael Lewis for six months that he really should've read The Journalist and the Murderer, but he has been quoted as saying that books are a waste of time

― G. D’Arcy Cheesewright (silby), Thursday, November 17, 2022 2:03 PM (two hours ago) bookmarkflaglin

he’s made a point about bragging about not reading books. this is the kind of guy he is

I had just been saying to a friend of mine

and that friend... was ILX's bitcoins thread