FTX founder charged in scheme to defraud crypto investors

The SEC complaint alleges that Bankman-Fried had raised more than $1.8 billion from investors since May 2019 by promoting FTX as a safe, responsible platform for trading crypto assets.

Instead, the complaint says, Bankman-Fried diverted customers’ funds to Alameda Research without telling them.

“He then used Alameda as his personal piggy bank to buy luxury condominiums, support political campaigns, and make private investments, among other uses,” the complaint reads.

https://apnews.com/article/cryptocu...mission-32d27016350e3e175c500eeefaf2aa4d

Arrest the girl.

Sam Bankman-Fried Denied Bail by Judge in the Bahamas

SBF, 30, protested, telling Chief Magistrate Joyann Ferguson-Pratt he couldn’t go to jail because he is vegan and ‘depressed.’

She however denied him bail, remanding him in custody until February 8. He will spend his detention at Fox Hill, The Bahamas’ only prison. The jail is known for overcrowding and unsanitary conditions.

https://www.dailymail.co.uk/news/ar...ing-FTX-equity-investors-1-8BILLION.html

Exclusive: How a secret software change allowed FTX to use client money

In congressional testimony on May 12, Bankman-Fried called FTX’s software “safe, tested and conservative.”

“By quickly unwinding the riskiest, most undercollateralized positions, the risk engine prevents build-up of credit risk that could otherwise cascade beyond the platform, resulting in contagion,” Bankman-Fried testified.

He did not tell lawmakers about the software change to exempt Alameda. Indeed, he told investors that Alameda received no preferential treatment from FTX, the SEC complaint said.

Bankman-Fried had directed subordinates to update the software in mid-2020 to enable Alameda to maintain a negative balance on its account, the SEC complaint said. No other customer account at Alameda was allowed to do so, the complaint added. This would allow Alameda to keep borrowing more FTX funds without the need to provide more collateral.

https://www.reuters.com/technology/...allowed-ftx-use-client-money-2022-12-13/

Stealth Van Video

As of yesterday, I have official paid off all of my student loans! 6 years of college, 2 degrees (undergraduate & graduate), 20 year repayment program, paid off in under 15 years! Next month my car loan gets paid off as well and then I'll officially be debt free! Been working towards this for the last 20 months and it's surreal that it's finally happening (hasn't sunk in yet).

Orion Heatshield Aftermath Following Lunar Return | Artemis I

Views from USS Portland's well deck of the Artemis I Orion capsule after its arrival at Naval Base San Diego on December 13.

That was cool...thanx!

Sam Chui boards a Hi Fly Airbus A340 chartered for White Desert Antarctica (Tour Operator) to fly to Antarctica. The flight time from Cape Town to Wolf’s Fang Runway in Antarctica is 5 hours and 15 minutes. The runway length is 2500 m (8200') long and 60 m (196') wide. Wolf’s Fang Runway is operated by White Desert Antarctica and it’s the only blue ice runway. It takes 22 hours to groom and prepare the runway for every jet landing. Sam also visited the newly opened Echo Camp for refreshments before the flight back.

Taraneh Alidoosti, one of Iran's most famous actresses, has been detained by Iranian security forces after she criticized the use of the death penalty against demonstrators.

Hello, been a while . Hope everyone is well

Great to see you back DE NIRO! Hope you're well.

Great thanks, how are you?

I can't complain. Think last I heard you were in Germany if I'm not mistaken? Still in Deutschland or did you find your way back home to England?

Marines told to stop using ‘sir,’ ‘ma’am’ to avoid ‘misgendering’ superiors

This is a microcosm of what's wrong with society today where you cater to the 5% while forcing the other 95% to comply.

Nope still here, since 2013

Awesome. How are you liking it? Finally made my way over there for Oktoberfest back in 2019. Trip of a life time and I still need to go back as there's so much of the country I wasn't able to visit.

MY CAMERA: SONY FDR AX-53 (No tripod , only Hand held) and IPhone 13 Pro MAX
No commentary, no music

170 planes in 2 hours / winter Plane Spotting + Aircraft de-icing
1:41:36 TWA Hotel, Roof top panoramic view !
1:43:55 TWA Hotel visit
1:42:14 TWA Lockheed Constellation

Ah so you finally made it over, i do remember you saying you wanted to go to Oktoberfest, i went once when i lived in Munich but its too touristy for me and expensive. I prefer the smaller beer gardens.

Definitely a lot of tourists (think I saw more Americans and Australians than Germans, LoL) but it was a lot of fun and I wanted to go back in 2020 but then the pandemic hit. Still need to hit up Berlin, Hamburg, The Black Forest and a few other spots as I only got out of Munich for day tours.

Well if you are ever in south of germany again hook me up

Most definitely!

Women will stand up for their rights!
Afghanistan and Iran regimes are isolated by the world only rogue regimes will deal with them.

Funny how I never hear the feminist in America stand up for their sister in those countries. Hmmmm?

Feel Good Story from the Buffalo Blizzard of 2022

The same with the left and woke movement here awfully quiet and afraid that the right and anti-Islam politicans get more votes.

How are women's rights coming along in Holland H? I know you used to be pretty upset about the wage gap and how women were treated in the workplace. Has there any progress been made?

It's a shame stories like this only receive local and not national news. Great story!

Women still earn 2 euros per hour less than men and almost every week we hear cases of “inappropriate behaviour” on the workfloor from politics to the TV world to sports.

Interesting. I know there's been a lot of progress made in Iceland and many of the Nordic countries. Men still make more money, but the gap gets smaller each year. The real concern is that way more women are attending college than men

It's strange on the one hand we are a progressive country but on the other conservative ideas are becoming increasingly popular among young people. Many students are indeed female, but two-thirds of Dutch women work part-time, and half are not financially independent.

As late as 1956, the 'Actual Incompetence Act' was abolished. Married women were now allowed to work, open a bank account and travel without the consent of their husbands.