The title of this publication came directly from @taskmaster4450's response to one of my Tweets. My tweet was a one-word expression of shock at the level of bullshit that SBF was spewing in his tweet.
This whole situation with SBF is easily the strangest thing I've experienced in the roughly five years that I've been around the crypto streets. I am beyond confused about how this man is being treated and I have to say, something smells really fishy and it's not sushi.
Two days ago, SBF granted a live interview to journalists where he discussed the FTX situation. The event ended with the CEO of the dead exchange receiving a rapturous ovation from the crowd that was wowed by the genius of a man.
I'm not going to mince words, I want to punch SBF in his sweet and innocent-looking face. However, the real assholes in this whole situation has to be the legacy media who have continued to peddle bullshit about the situation.
The media have continued to peddle the same crap that's been making the rounds. SBF is a kind-hearted vegan that bones Caroline, loves the planet and all that other crap.
The brilliant journalists of the media that most likely live in the pockets of SBF have continued to marshal this clean up campaign for SBF in a bid to influence history. In Twenty years' time, they want everyone to remember SBF as a hero that couldn't actualise his dream, rather than a fraudulent cunt.
Crypto attack
I hate wearing my tinfoil hat but considering how absolutely bonkers the whole situation has been handled, it is hard not to consider alternative logic. At this point, it is really all I have to hold on to.
The prevalent tinfoil hat theory is that SBF is an agent of the feds that was put in place to bring disrepute to the entire crypto market. My fellow tinfoil hatters have theorised that this is probably the reason why he's not on the FBI's wanted list.
If we were living in the era of those wild western movies, a man like SBF would have bounty hunters chasing him dead or alive. Alas, here we are, watching interviews of this fraud give heartfelt responses to journalists trying so hard to "clear his name" and absolve him of guilt.
A complete lie
For what it's worth, I didn't even bother watching the full interview because I can bet my left nut that SBF or the journalist would say anything relevant. It'll be mostly balls fondling and braindead gripe.
These journalists are doing everything to bamboozle the normie crowd into thinking the situation is more complicated than it is. The reality is that SBF and his cohorts are a gang of thieves that misappropriated funds that belong to others.
Yes, the number one crypto rule is that if it's not your keys, then it's not your coins. However, when an exchange claims to keep your funds safu, you're banking on the exchange's integrity and that's something that was very lacking in the institution called FTX.
TO simplify this situation for normies; SBF convinced people to send their crypto to him because he promised to keep it safe and enable them to trade it with other assets. He then took the said assets and spent them on frivolous investments while making lofty promises to the helpless users of FTX exchange.
In summary
I don't think SBF is an idiot because that'll be an oversimplification of the situation. In fact, I think he's a scheming genius that's trying to use the media to make history kinder to him.
Those of us that were there will never forget this event and we'll do our best to carry the story. However, SBF has done a great job in laundering his personality and for that, I say fuck you to the legacy media.
One thing for sure is that the man is a liar and should not be doing interviews because he really should be behind like the fraudster that he is. He's not sorry about anything, he's just sad he got caught so early and he will continue running like the thief that he is because he doesn't have the level of integrity required to face the music.
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The real idiots are those in cryptosphere who fell for his con. Or, to be more precise, fell for the idea that the "institutional money" and established "major league players" would somehow benefit cryptosphere.
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Hmm, this guy seems to have a lot of great people at his back because this situation has brought a lot of bad names to the crypto world. To think that he is still roaming out freely after all of these things, is one thing that is really bothering.
The story seems to just be starting, let's see how it all works out in the end, I hope the crypto name he justified in the end of all of these.
Many seem to say it is both.
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Nah. No way you scam people of $8 Billion and get away with it if you're an idiot
He's a clown!
A brilliant clown though
The way he is picking carefully who he will do an interview with sure shows that he isn't dumb. It's always people that have no idea how a perp CEX works and he can run circles on them all day long. Last night he answered questions for almost two hours on Twitter and managed to say nothing incriminating in the process.
His next interview is with Bitboy lol
Can't wait for that one. The Sam world tour continues!
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Gotta say, he's a very impressive asshole
There's a very big lesson to learn from this SBF dude. These days if you still depend on the media and consume whatever come from them, you're doomed.
Like you just said,
Infact, the media has nothing good to offer offlate
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He's obviously lying as hard as he possibly can.
In every interview every fiber of his being shows it.
He has to pause and carefully formulate every single sentence.
He's always looking away and coming up with the next lie.
He repeats the question to give himself more time.
If we look at interviews before FTX collapsed it was very clear he knows exactly how this all works.
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Honestly, I couldn't agree less with this publication. Someone of SBF's stamina in the crypto space definitely knows far much than the ignorance he is claiming. Of course am sure his legal team are strongly behind every word he says. But then, we all know that he has more to the collapse of FTX than what is put out there in the media. I just pity the victims - innocent investors and users
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