Home » USDC stablecoin developer Circle ends its planned SPAC merger with Concord Acquisition Corp., announced in July 2021, by mutual agreement (Parikshit Mishra/CoinDesk)

USDC stablecoin developer Circle ends its planned SPAC merger with Concord Acquisition Corp., announced in July 2021, by mutual agreement (Parikshit Mishra/CoinDesk)

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Alexander Osipovich / Wall Street Journal:   FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda

Susanne Barton / Bloomberg:   SBF Says He Will Testify Before House, Without Committing to Date

André Beganski / Decrypt:   Coinbase CEO Rejects FTX ‘Accounting Error,’ Says Funds Were Obviously ‘Stolen’

Jordan Lyanchev / CryptoPotato:   Coinbase CEO: Even The Most Gullible People Should Not Believe SBF

Wall Street Journal:   FTX Effort to Save Itself Failed on Questionable Assets

Mailchimp:   “Twitter Files” re-opens book on the media’s introspection-free coziness with power

Wayne Jones / crypto.news:   Former Alameda CEO reportedly hires top DC law firm

Nancy Lubale / Inside Bitcoins:   Coinbase CEO Rails Against SBF – Were The Funds Really Stolen?

Ivana Saric / Axios:   FTX’s Sam Bankman-Fried: “I screwed up”

Arianne Gift / Micky:   Ex-Alameda CEO Caroline Ellison spotted in NYC

Susanne Barton / Bloomberg:   Bill Ackman Says Recent Comments on SBF Were Misinterpreted

Bhushan Akolkar / Coinspeaker:   Coinbase CEO Says FTX Clearly Stole User Funds, Rejects Claims of Accounting Error

Brayden Lindrea / Cointelegraph:   Despite endless media appearances, SBF unlikely to testify on 13th

Stephanie Murray / The Block:   Sam Bankman-Fried ‘will testify’ before Congress — eventually

Lachlan Keller / Forkast:   Coinbase CEO Armstrong says Bankman-Fried’s US$8 bln ‘accounting error’ doesn’t stand up

Siamak Masnavi / CryptoGlobe:   Coinbase CEO on ‘Stolen Customer Money’ Used by SBF’s Alameda Research

Tweets:

Maxine Waters / @repmaxinewaters:   .@SBF_FTX, we appreciate that you’ve been candid in your discussions about what happened at #FTX. Your willingness to talk to the public will help the company’s customers, investors, and others. To that end, we would welcome your participation in our hearing on the 13th.

@sbf_ftx:   Rep. Waters, and the House Committee on Financial Services: Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain. I’m not sure that will happen by the 13th. But when it does, I will testify. https://twitter.com/…

@autismcapital:   PLEASE CONFIRM: A user claims that they spotted Caroline Ellison at Ground Support Coffee on West Broad in SoHo Manhattan at 8:15 AM. This would mean she is not in Hong Kong and is in NY not in custody. https://twitter.com/…

Brian Armstrong / @brian_armstrong:   I don’t care how messy your accounting is (or how rich you are) – you’re definitely going to notice if you find an extra $8B to spend. Even the most gullible person should not believe Sam’s claim that this was an accounting error.

Bill Ackman / @billackman:   I was in attendance at the @andrewrsorkin interview of @SBF_FTX and tweeted that I found SBF believable. Many have interpreted my tweet to mean that I am defending SBF or somehow supporting him. Nothing could be further from the truth.

Brian Armstrong / @brian_armstrong:   It’s stolen customer money used in his hedge fund, plain and simple.

@autismcapital:   A highly credible source claims that Caroline Ellison is currently being represented by WilmerHale, a well known DC insider law firm. Please verify.

Warren Davidson / @warrendavidson:   Bernie Madoff’s trial took a little more than seven months. We learned most of the details during the trial. Then he was given a 150-year sentence where he has lots of time to understand what happened. But… he was actually arrested, charged, and prosecuted. https://twitter.com/…

Boris Ryvkin / @bryvkin:   Why is SBF still giving interviews? Why is he not already in an orange jumpsuit waiting to be arraigned on wire fraud, criminal conspiracy and similar charges? When is the indictment coming down?

Josh Barro / @jbarro:   Someone asked me “weren’t there audited financials?” and yes that probably would have been ideal lol, but: https://www.documentcloud.org/ … https://twitter.com/…

Adam Samson / @adamsamson:   Lots of interesting tidbits from @joshckoliver’s 3am call with Sam Bankman-Fried. Incl an admission that the former billionaire was more involved in investment & financial decisions at Alameda than he has previously suggested -> https://www.ft.com/…

Alexander Osipovich / @aosipovich:   Yesterday I sat down with Sam Bankman-Fried and asked him a few questions. https://www.wsj.com/…

Will Clemente / @wclementeiii:   Bernie Madoff was in custody the day after he got caught — meanwhile, the CEO of Alameda is just chilling in SoHo getting a cup of coffee 2 weeks after blowing up gambling away FTX customer deposits. https://twitter.com/…

Bill Ackman / @billackman:   The @FTX_Official fiasco is, at a minimum, the most egregious, large-scale case of business gross negligence that I have observed in my career, and that conclusion is reinforced by SBF’s recent public statements.

Jim Iuorio / @jimiuorio:   Wait now….what’s happening here exactly? We appreciate what? https://twitter.com/…

@tree_of_alpha:   People out there asking “how did Alameda lose $3b in 2021?” https://twitter.com/…

@interfluidity:   there is a certain elegance, just as old-school financial piracy, in Binance receiving a substantial part of the funds that left a hole in its largest rival’s balance sheet, then calling attention for all the world to the hole. https://twitter.com/…

@doombergt:   Looks like SBF’s plan is to confess to so many crimes so often that they become “old news”

Stephen Diehl / @smdiehl:   Compare and contrast this interview with the WSJ with his congressional testimony about how safe and superior crypto exchange risk management is. He’s lying in one of these interviews, and it looks like to congress. https://www.wsj.com/…

@bitfinexed:   Alameda’s pitch deck was obviously a ponzi scam, exchanges and traders have sat on these documents for years. They knew SBF/Alameda was a fraud all along, but they kept their mouths shut. https://twitter.com/…

Chris Masterjohn / @chrismasterjohn:   A good way to know if an individual or institution is a fraudster themselves is if they defend SBF as making a “mistake.” Everyone who preaches this nonsense reveals themselves as at least a defender of if not an insider in his geopolitically weaponized money laundering ring. https://twitter.com/…

Mike Bird / @birdyword:   I think @aosipovich does a better job here than any interview of SBF I’ve seen so far of getting to the crunchy core of important questions. The replies are unsatisfactory, unbelievable really, but it moves us away from the flam we’ve had so far. https://www.wsj.com/…

@doubleeph:   They typically block comments on articles where the matter is in court or the topic is race. But never seen them do it for a piece like this. Incredible

@lilmoonlambo:   SBF in every interview: https://twitter.com/…

Roula Khalaf / @khalafroula:   SBF admits closer involvement in financial decisions at Alameda than he has previously disclosed. FT Interview https://www.ft.com/…

@kadhim:   What did Alameda do with the money it got from FTX? Sam Bankman-Fried tells @joshckoliver at least some went into venture capital bets. Illiquid, long-term investments, funded by borrowing… https://www.ft.com/… https://twitter.com/…

Ryan Selkis / @twobitidiot:   Lies. Extradite him. https://twitter.com/…

Diogenes / @wallstcynic:   How is this not performance art at this point? https://twitter.com/…

Alistair Milne / @alistairmilne:   SBF sent this Alameda balance sheet to the media in August Note the lack of any USD (even mislabelled FTX users’ USD! 🤡), and lack of any #Bitcoin or even ETH Literally all-in illiquid shitcoins to pamp his net worth on paper https://twitter.com/…

@theblock__:   Tomorrow, @SBF_FTX joins @fintechfrank on @TheScoopPod for a discussion on his collapsed empire, including: – Allegations of Alameda’s special access to FTX – How regulators missed the FTX/Alameda connection – Why top executives received large personal loans Preview below 🔊👇 https://twitter.com/…

Sean Tuffy / @smtuffy:   Every time SBF offers up one of these vague statements, the next question has to be “where’s the money, Sam”

Josh Barro / @jbarro:   Can one really call an interview with SBF an “exclusive” at this point? https://www.wsj.com/…

Adam Cochran / @adamscochran:   Ngl if SBF goes down because his ex has flipped state’s witness to save herself – that would be an even sweeter form of justice than him having been done in by investigators alone. Plus it’s going to make the movie romance/betrayal subplot so much better!

Leigh Drogen / @ldrogen:   https://twitter.com/… One wonders whether that $3B that went to Binance gets clawed back given the money used to buy the FTX stake was fraudulently garnered https://twitter.com/…

@zerohedge:   SBF is done: Jamie Gorelick works at Wilmer; she is the former No. 2 in the Clinton Justice Department and has said that Merrick Garland is her wingman. https://twitter.com/…

Tobi Lutke / @tobi:   Brian is right. https://twitter.com/…

@punk6529:   for some reason, this has been a difficult concept to understand for large swathes of the establishment https://twitter.com/…

John E Deaton / @johnedeaton1:   Sam isn’t just a fraud, liar and a thief. He is the embodiment of evil. On top of all that, he’s a really bad actor. His claims of being remorseful and being “deeply sorry” are genuinely insincere. https://twitter.com/…

Adam Cochran / @adamscochran:   The worst part about Ackman, isn’t his dumb takes that support SBF because he wants to ride the money train. It’s that he doesn’t even have the guts to stand by those takes when people call him out. He’s deleted and walked back multiple tweets supporting SBF each time. https://twitter.com/…

Tom Fitton / @tomfitton:   FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda Entrepreneur says he had little insight into workings of trading firm even though he owned 90% of it https://www.wsj.com/… via @WSJ

@iamdcinvestor:   i consider myself a student of human nature what SBF has done in public appearances is throw the entire Alameda team under the bus, blaming them almost completely prosecutors likely already talking to those ex-employees will use this as leverage to get max info bad play by SBF

@mayazi:   The real question should be why Bill Ackman is suddenly vocal about crypto since the FTX collapse. He’s been quietly happy investing in crypto without opining. https://twitter.com/…

Ryan Selkis / @twobitidiot:   If a crypto journalist received SBF’s net worth calc like the geniuses at Forbes did in August, this case would have been cracked months sooner, and a ton of political damage could have been avoided. The second he claimed $13 billion in FTT & SRM net worth, it was over. https://twitter.com/…

Byron York / @byronyork:   Where are the individual stories of FTX/Alameda victims? People who can recount specifically what they deposited and what experience they have had trying to recover their money? Element missing from much coverage… https://www.wsj.com/… https://twitter.com/…

Dan Primack / @danprimack:   The difference between talking to reporters and testifying under oath… This is an embarrassingly weak reply Sam. https://twitter.com/…

@basedkarbon:   So would I like to testify before congress? Sure I’d love to tell them everything that happened but FWIW I have no idea what happened and probably never knew what was happening to the best of my knowledge. Ummmm people don’t **always** know what’s happening but i hope to find out https://twitter.com/…

@coryklippsten:   Every time @nytimes or @cnbc refuse to challenge SBF’s narrative that he wasn’t actively involved in Alameda, they’re perpetuating lies and covering for a criminal. https://twitter.com/…

Benjamin Cowen / @intocryptoverse:   RIP social risk https://twitter.com/…

@kadhim:   Our previous reporting on Alameda/FTX’s sprawling venture capital portfolio — which is properly worth less in reality than on paper https://twitter.com/…

Nassim Nicholas Taleb / @nntaleb:   No, for Baal’s sake, SBF did not “f***k up big”. He committed fraud. @FinancialTimes, can you get it? https://twitter.com/…

Brian Stelter / @brianstelter:   “Speaking from his bed in Nassau at around 3am on Saturday, Sam Bankman-Fried…” https://www.ft.com/…

@altcoindailyio:   Sam Bankman-Fried (CEO of FTX) has been active this week doing interviews (seemingly w/ the goal) to put out a specific message: One idea SBF continues to claim is that he had little knowledge of Alameda. He continues to suggest it was at arms length. (1/3)

@doubleeph:   Forget the article itself – it’s just SBF telling ‘his side’ of the story – the weirdest thing here (and that’s putting it mildly) is that the FT have not allowed comments on this article https://www.ft.com/…

Chris Fenton / @thedragonfeeder:   “Mr. Bankman-Fried says it wasn’t theft. “I ask myself a lot how I made a series of mistakes that seem—they don’t just seem dumb,” he said. “They seem like the type of mistakes I could see myself having ridiculed someone else for having made.”” Unreal! https://www.wsj.com/…

Charles Gasparino / @cgasparino:   Truth is better than fiction and often very funny https://twitter.com/…

@sdatika1:   When SBF says “kind of”, it he knew… just didn’t know how, well it’s hard to count to $32B. And maybe someone should tell him, that it shouldn’t had been not even $1!. https://www.ft.com/…

@zerohedge:    FTX Founder Sam Bankman-Fried Says He Can’t Account for Billions Sent to Alameda: WSJ Hey @SBF_FTX call your Dubai and Singapore banks, they’ll account for it in 2 minutes

Cas Piancey / @caspiancey:   The SBF argument I’ve heard so far goes something like this: • first commit wire fraud • then commit bank fraud • then commingle customer, investor, and other funds (money laundering) • and lastly, embezzle I don’t think this will hold up well for him in court.

@keubiko:   The treatment of this SBF dildo as anything other than a giant fraud and criminal is one of the most perplexing questions of 2022. https://twitter.com/…

Sean Tuffy / @smtuffy:   Here’s the thing, Alameda bought out Binance with the FTT coin. So, where exactly did the $3 billion go? https://www.ft.com/… https://twitter.com/…

@mechmarkets:   This video is one of SBF’s most damning interviews yet. His alibi now seems to be that instead of doing fraud, they were merely running a giant money laundering operation. https://twitter.com/…

Antonio García Martínez / @antoniogm:   If only we’d invented some way of easily creating financial accounts—let’s call them ‘wallets’—as well as a publicly-visible ledger of transfers, so that both oversight and accounting would be easy and transparent. https://www.wsj.com/… https://twitter.com/…

Trung Phan / @trungtphan:   SBF media tour, explained https://twitter.com/…

Eric Balchunas / @ericbalchunas:   Good question by @fintechfrank, easily soliciting the longest and most tense pause yet from SBF (which is saying something bc there have been many long and tense pauses in his ‘i’m so sorry let’s find out who did this’ media tour) https://twitter.com/…

Noah Kulwin / @nkulw:   Lawyers HATE this!! https://twitter.com/…

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