Sam Bankman-Fried / Arthur Hayes / Cryptocurrency
Guys, It looks like setting up a trading exchange platform is the way to making hundreds of millions of dollars. Arthur Hayes: Set up an Exchange in Hong Kong becoming a billionaire instantly after his stint at Deutsche Bank Arthur Hayes committed fraud by letting US users use his exchange platform but was let off easy by the SEC (Home probation my ass and he got to keep his billions and his empire BitMex. He only has to resign as CEO but remains as Founder/Chairman making billions). His colleagues also got off easy. Sam Bankman-Fried: Needs no introduction. No context required. We all know what he did. Unlike Hayes, SBF might not be as lucky. Why don’t we all set up an exchange? We could be the next Arthur Hayes and keep our billions. Last I heard, Hayes spends his time on a Yacht. What gives? TC: 180-200k depending on the whims of wall street
Let’s go back to the OG currency. Pokémon and MTG cards. QuadrigaCX guy thought it was a good idea, look where he ended up.
Bitcoin not crypto
SBF didn’t do anything wrong though, he simply ran into liquidity provisioning issues due to lack of investor confidence. Even some democratic senators mentioned this
The same democratic senators that he bribed… umm.. I mean… donated to over the past couple years?
We didn’t start the fire, it’s always been burning
Satoshi really started the fire.
And made billions and remains anon. GOAT