\n
\xa0
\n
Sam Bankman-Fried, the crypto king who now has more regrets than a reality TV contestant after a 25-year jail stint, recently admitted that handing over FTX to a new CEO during its meltdown was his “single biggest mistake.” Because, obviously, who *wouldn’t* want to be the last person at a sinking ship? 🚢
\n\n
In a chat with Mother Jones that reads like a tragic rom-com (minus the rom), SBF revealed that his decision to step aside allowed a potential $32-billion rescue plan to vanish like a crypto rug pull. “I could’ve saved FTX if I’d just clung to the wheel like a maniac,” he said, probably while sipping a prison juice box. 🥤
\n\n
Here’s the plot twist: Minutes after signing over the keys to John J. Ray III, SBF got a call about a last-minute investment. Too bad he couldn’t revoke his signature faster than you can say “bankruptcy.” Meanwhile, Ray was busy filing for Chapter 11 and hiring Sullivan & Cromwell to oversee the mess-because nothing says “trust” like a law firm that might’ve helped the company implode. 🤷♂️
\n\n
And let’s not forget SBF’s *spicy* congressional testimony, where he learned he was about to be arrested by Bahamian police. Because, of course, his day couldn’t get more dramatic without a reality show twist. 🎬
\n\n
Sullivan & Cromwell’s Golden Opportunity 🎩
\n
S&C, the law firm that probably deserves its own villain soundtrack, pushed Ray’s appointment as if they were casting a Bond villain. SBF admitted he was “crushed” by their “extreme pressure,” but hey, who doesn’t love a little corporate coercion? 😏
\n\n
Fast-forward to 2024, and S&C raked in $171.8 million in fees for their role in the FTX circus. Meanwhile, creditors got $7.8 billion in repayments by 2025-just enough to make everyone forget the 2022 crypto crash. Almost. 🤯
\n\n
\n
Sam Bankman-Fried, the crypto king who now has more regrets than a reality TV contestant after a 25-year jail stint, recently admitted that handing over FTX to a new CEO during its meltdown was his “single biggest mistake.” Because, obviously, who *wouldn’t* want to be the last person at a sinking ship? 🚢
In a chat with Mother Jones that reads like a tragic rom-com (minus the rom), SBF revealed that his decision to step aside allowed a potential $32-billion rescue plan to vanish like a crypto rug pull. “I could’ve saved FTX if I’d just clung to the wheel like a maniac,” he said, probably while sipping a prison juice box. 🥤
Here’s the plot twist: Minutes after signing over the keys to John J. Ray III, SBF got a call about a last-minute investment. Too bad he couldn’t revoke his signature faster than you can say “bankruptcy.” Meanwhile, Ray was busy filing for Chapter 11 and hiring Sullivan & Cromwell to oversee the mess-because nothing says “trust” like a law firm that might’ve helped the company implode. 🤷♂️
And let’s not forget SBF’s *spicy* congressional testimony, where he learned he was about to be arrested by Bahamian police. Because, of course, his day couldn’t get more dramatic without a reality show twist. 🎬
Sullivan & Cromwell’s Golden Opportunity 🎩
S&C, the law firm that probably deserves its own villain soundtrack, pushed Ray’s appointment as if they were casting a Bond villain. SBF admitted he was “crushed” by their “extreme pressure,” but hey, who doesn’t love a little corporate coercion? 😏
Fast-forward to 2024, and S&C raked in $171.8 million in fees for their role in the FTX circus. Meanwhile, creditors got $7.8 billion in repayments by 2025-just enough to make everyone forget the 2022 crypto crash. Almost. 🤯
Read More
- Gold Rate Forecast
- Katanire’s Yae Miko Cosplay: Genshin Impact Masterpiece
- LINK PREDICTION. LINK cryptocurrency
- This Spooky Job Sim Combines Several Of My Favorite Games With A Twist
- Shape of Dreams Best Builds Guide – Aurena, Shell, Bismuth & Nachia
- Brent Oil Forecast
- Tony Hawk Just Remade Tony Hawk’s Underground, Kind Of
- Sydney Sweeney’s Transformation Into Christy Martin Is On Full Display In Christy’s Trailer, And I’m Already Blown Away By Her Performance
- Tokyo Game Show 2025 – List of expected RPG-related streams
- Vision Quest Gets Release Date Window Update, Secret Character Revealed
2025-10-05 11:30