This movie would be EPIC!

Who do you get to play SBF?

DiabloWags said:

---

This movie would be EPIC!

Who do you get to play SBF?

---

Daniel Radcliffe?

Eastern Oregon Bear said:

---

DiabloWags said:

---

This movie would be EPIC!

Who do you get to play SBF?

---

Daniel Radcliffe?

---

Josh Gad. Fight me.

Cal alum tweet->

between the midterms upset, ftx collapse, and elon/twitter meltdown, I almost feel bad for the stanford cinematic universe

— sarah jeong (@sarahjeong) November 13, 2022

oski003 said:

---

Is there a way to edit the topic so it doesn't slander our great university?

---

Aren't our football and basketball teams already doing a good enough job of that?




….it was a JOKE, people. A joke!

I've listened to a considerable amount of Michael Lewis. I can't think of a better individual to be embedded with a crypto king.
This story telling should be INCREDIBLE!
Can we fast forward 5 years to hear/read/watch him tell us all about this latest multi-trillion dollar train wreck?

DiabloWags said:

---

This movie would be EPIC!

---

Michael Lewis extended podcast might even be better!

wifeisafurd said:

---

Can someone explain the business model underlying a crypto firm? How do you make money?

---

I'm glad to stand with you, cluelessly, on this one!!

Unit2Sucks said:

---

Eastern Oregon Bear said:

---

DiabloWags said:

---

This movie would be EPIC!

Who do you get to play SBF?

---

Daniel Radcliffe?

---

Josh Gad. Fight me.

---

No need to fight. The first thing that came to mind was Daniel Radcliffe made up to look like Weird Al Yankovic and that Weird Al and SBF are sort of similar looking. Not a lot of thought went into it on my part. I would be fine with Josh Gad

CEO of Alameda Research is a 28-year-old Harry Potter fan

https://www.efinancialcareers.com/news/2022/11/caroline-ellison-alameda-research-ftx-sam-bankman-fried


Sam Bankman-Fried's crypto empire 'was run by a gang of kids in the Bahamas' who all dated each other

Many are former co-workers from quantitative trading firm Jane Street, others he met at the Massachusetts Institute of Technology, his alma mater. All 10 are, or used to be, paired up in romantic relationships with each other. That includes Alameda CEO Caroline Ellison, whose firm played a central role in the company's collapse and who, at times, has dated Bankman-Fried, according to people familiar with the matter.
CoinDesk spoke to several current and former FTX and Alameda employees who agreed to talk on the condition of anonymity, citing ongoing harassment and death threats due to the exchange's solvency issues. And they said essentially this: It's a place full of conflicts of interest, nepotism and lack of oversight.
"The whole operation was run by a gang of kids in the Bahamas," a person familiar with the matter told CoinDesk on the condition of anonymity.

https://fortune.com/2022/11/11/sam-bankman-fried-crypto-empire-ftx-alameda-run-gang-kids-bahamas-who-all-dated-each-other/

This is the CEO of Alameda Research.

She is the CEO of a company that blew $10,000,000,000 up in smokes while in a weird way maintaining a public perception of being the most profitable and responsible crypto firm.

This is an old clip. We really should've known.. pic.twitter.com/flkp04zlel

— Satoshi Stacker (@StackerSatoshi) November 11, 2022

SBF & Tom Brady in the Bahamas... why did Sam run away? pic.twitter.com/ZV5jRKoTVE

— Altcoin Daily (@AltcoinDailyio) November 13, 2022

How long do people live after huge flame outs like this?
I was thinking this guy SBF might not have a long life.

concordtom said:

---

How long do people live after huge flame outs like this?
I was thinking this guy SBF might not have a long life.

---

How about having a bullseye on his back for the rest of his life because of the lives of the customers who he literally "stole" money from at FTX?

You dont think he's got some pretty pissed off customers that want to see him dead?

I'd say that your idea of him having "health" issues is a lot different than mine.

Crypto scams are what happens when you defund the police. Virtually everything in cryptocurrencies was unlawful, there just aren't enough cops to enforce the law.

— Matt Stoller (@matthewstoller) November 14, 2022

Diablo is guilty of conflating Berkeley with Cal.

https://web.archive.org/web/20221027181005/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/

okaydo said:

---

Diablo is guilty of conflating Berkeley with Cal.

https://web.archive.org/web/20221027181005/https://www.sequoiacap.com/article/sam-bankman-fried-spotlight/

---

Guilty as charged.

DiabloWags said:

---

concordtom said:

---

How long do people live after huge flame outs like this?
I was thinking this guy SBF might not have a long life.

---

How about having a bullseye on his back for the rest of his life because of the lives of the customers who he literally "stole" money from at FTX?

You dont think he's got some pretty pissed off customers that want to see him dead?

I'd say that your idea of him having "health" issues is a lot different than mine.

---

I saw a brief video of him.
He looked overweight and weird.

"I will take Alameda Research for $200 Alex"

Fun video detailing a SBF interview from earlier this year

I asked FTX's in-house coach about the polycule rumors. His response? FTX executives were "undersexed, if anything," and mostly liked to play chess and board games. https://t.co/5jpMFcC9z9 pic.twitter.com/Y7OxQNVhx4

— Kevin Roose (@kevinroose) November 15, 2022

When you're too dumb to keep your mouth shut about your biggest competitor...
And they own $580 million of one of your tokens.

It comes back to DESTROY you.


FTX founder Sam Bankman-Fried triggered downfall by badmouthing crypto rival: sources (nypost.com)

Also pretty depressing that there was still this big faction of people in politics and media who were so eager to believe that just one of these guys wasn't a total cretinous sociopath with Chan politics. Good luck with the next one!

— David Roth (@david_j_roth) November 17, 2022

I wouldn't say they were "cretenous sociopaths with Chan politics", they're more like run of the mill elitist, eugenicist, transhumanist sociopath geeks:

Of all of the insanity in the last week, this is the thing I find myself thinking about the most.

It’s both a little sad and likely more widespread than we realize.

A whole lot of Americans are growing up constantly buzzing from stimulants and amphetamines. pic.twitter.com/MoN7rUihpQ

— Austen Allred (@Austen) November 13, 2022

https://decrypt.co/114719/tumblr-blog-linked-ex-alameda-research-ceo-explored-race-science-imperial-chinese-harem-polyamory

One thing they also are is a pretty compelling story, I mean this whole saga is more entertaining than Rick Gervais' best work on steroids.

The richest and most powerful people in our society were taken in by someone who in the most generous reading was an enormous idiot without the ability to even pretend to be marginally functional. Are they idiots or greedy or greedy idiots? A good question.

— Tim Marchman (@timmarchman) November 17, 2022

Just read the article above and the comments by the Bankruptcy CEO, John Ray.

It would appear that SBF didnt even pretend to try and make FTX a genuine business enterprise.

Binance CEO Changpen Zhao must have taken one look at the "books" of FTX (which were non-exsistent according to Mr. Ray) and knew right then and there . . . that his biggest competitor was DONE.

(My guess is that CZ already knew that FTX was in pretty bad shape, but it must have really shocked him when SBF invited him to "kick the tires")

It's shocking that anyone with a brain would think that their company (FTX) could be "saved" by a White Knight without the slightest bit of basic financial accounting and record keeping.

What a freaking Horror Show!

SBF = IDIOT

concordtom said:

---

oski003 said:

---

Is there a way to edit the topic so it doesn't slander our great university?

---

Aren't our football and basketball teams already doing a good enough job of that?




….it was a JOKE, people. A joke!

---

Cal Sports hates fun!

DiabloWags said:

---

Just read the article above and the comments by the Bankruptcy CEO, John Ray.

It would appear that SBF didnt even pretend to try and make FTX a genuine business enterprise.
Binance CEO Changpen Zhao must have taken one look at the "books" of FTX (which were non-exsistent according to Mr. Ray) and knew right then and there . . . that his biggest competitor was DONE.

(My guess is that CZ already knew that FTX was in pretty bad shape, but it must have really shocked him when SBF invited him to "kick the tires")

It's shocking that anyone with a brain would think that their company (FTX) could be "saved" by a White Knight without the slightest bit of basic financial accounting and record keeping.

What a freaking Horror Show!

SBF = IDIOT

---

But did CZ make the right decision? FTX could take down the whole crypto thing. Did CZ shoot himself in the foot?

okaydo said:

---

But did CZ make the right decision? FTX could take down the whole crypto thing. Did CZ shoot himself in the foot?

---

You make a good point.

I guess the definition of "good" money being thrown at "bad" money is all up to one's perspective.
That "bad" money (FTX) may have been so far gone and completely beyond his control.

Could CZ really have stepped in and saved FTX (and the entire crypto-ecosystem) from collapse?
And even if he did have the resources to do so, would SBF put his ego "down" for long enough to submit to CZ's demands and new business plan?

Either CZ had the resources, had a pretty good idea of how far "gone" FTX was and understood the "fallout" impacting the entire crypto environment for years to come .... but chose not to intervene because SBF was a maniac AND FTX was too far gone . . . or he didnt have the resources to make a capital injection that he would have little control over given FTX's non-existent compliance and accounting department.

CZ is smart enough to know that this is an emerging industry and there would be multiple "failures" along the way. He probably just felt like he had to "hunker" down and watch crypto adoption around the globe take a massive hit. The collapse of FTX has reportedly cost CZ roughly $16 Billion.

For now, he's probably thinking "survival of the fittest" and who can he acquire (Voyager Digital) without taking on too much risk.

okaydo said:

---

DiabloWags said:

---

Just read the article above and the comments by the Bankruptcy CEO, John Ray.

It would appear that SBF didnt even pretend to try and make FTX a genuine business enterprise.
Binance CEO Changpen Zhao must have taken one look at the "books" of FTX (which were non-exsistent according to Mr. Ray) and knew right then and there . . . that his biggest competitor was DONE.

(My guess is that CZ already knew that FTX was in pretty bad shape, but it must have really shocked him when SBF invited him to "kick the tires")

It's shocking that anyone with a brain would think that their company (FTX) could be "saved" by a White Knight without the slightest bit of basic financial accounting and record keeping.

What a freaking Horror Show!

SBF = IDIOT

---

But did CZ make the right decision? FTX could take down the whole crypto thing. Did CZ shoot himself in the foot?

---

How many scams is too many? Seems like crypto bros have an infinite appetite to volunteer for Ponzi schemes. It's like MLM but without the skin cream.

Bankman-Fried posted about the Giants more than any other subject on his personal blog in 2012. https://t.co/xzQRJ3Kr4m

— SFGATE (@SFGate) November 18, 2022

okaydo said:

---

Bankman-Fried posted about the Giants more than any other subject on his personal blog in 2012. https://t.co/xzQRJ3Kr4m

— SFGATE (@SFGate) November 18, 2022

---

Cheaters post about cheaters!

DiabloWags said:

---

This movie would be EPIC!

Who do you get to play SBF?

---

Maybe we shouldn't glorify SBF. Better title would have been "The Frauds."

We are in the heyday of movies about tech founders which recognize their subjects are terrible people but cannot abandon this belief that they are geniuses who were just too ambitious. These people are petty, stupid, and cynical. Any other representation is hagiography. https://t.co/tXgx9a8aX7

— Jathan Sadowski (@jathansadowski) October 8, 2026