FTX and Sam Bankman-Fried: Your Guide to the Crypto Crash

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

FTX founder Sam Bankman-Fried was the paragon of crypto, then the cautionary tale. This guide will help you understand what happened.

The collapse of FTX has set off the largest crypto-related bankruptcy ever, and court filings are already shedding light on what went wrong and how complicated things could

get. Here are three things to know about the company’s bankruptcy process. Photo: Lam Yik/Bloomberg NewsSam Bankman-Fried was heralded as the savior of crypto. In recent weeks,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Did you guys retract this dumb shit you posted yet?

...ponzie scheme at its worst

it's an overview... keep probing and publishing info as it becomes available? this story appears multi-layered and it seems much is still under wraps

WSJ just let the whole world they have absolutely no credibility to give actual news

Nice spin WSJ

You’re a rag pub like the rest of them now. wsj supports fraud

Why don't you do some real journalism and investigate where all that money went instead of helping SBF safe face? Maybe cause then you'll have to reveal how it all went for the money laundering scheme democrats have set up with the Ukraine fiasco?

A team of fraudsters.

It’s so bad… I don’t even want to click to see how bad…

rashidaldosari 68 retweets in 9 hours. 100% negative comments. is dead.

…also a Criminal…

What happened is people are gullible

Here, fixed it for you.

You have lost all credibility on this topic.

You are in on it as much as SBF_FTX son of a ...

What a title lmao

Well... Want To Buy Some Beads... The New Denomination 👉🤣🎩

Lol, yah sure...

I don’t think Friedman even knows what happened. The whole story has yet to be told.

twitter should ban you for false information,

He was a crook!

After this article I can clearly say you guys are nothing more than a tabloid rag. Shills

White peoples …

WSJ gives Sam a foot massage is the bigger headline.

Wow you guys are covering for a billion dollar scammer? Bummer, one of the last reliable media companies goes down. Subscription canceled.

Oh boy! Thank you for showing us how a corrupt journalism is.

WSJ needs to do better with the ftx scandal. Where is the hard hitting investigative journalism? Mostly I've seen puff pieces about sbf's supposed altruism.

Why is Sam Bankmanfried being treated as the victim of his own decisions by Forbes and the New York Times when he is an adult legal man who is unquestionably accountable for orchestrating one of history's worst frauds? Such treatment by major media organizations is unacceptable.

This is what happened 🖕🖕🖕

He's a crook, who has some horrible days in front of him. That said, I like that workstation. Mine is a 4 screen....his is a nice step up. I don't do crypto though

🤡

'your guide'? Laughable.

The wall street journal = pure biased 🗑️ 💩 Media

I’m extremely close to cancelling my subscription after how you have covered all of this it’s beyond pathetic

Here's a bit shorter guide. SBF took investor's money and what he didn't squander on luxury, he gambled on high-risk crypto trades. Did virtually no accounting, and lied about where they stood and what he believed in. Poof, investor money gone.

You have zero credibility after this fluff

Cautionary tale of fraud? You guys are an embarrassment to journalism.

He is a Bernie Madoff. He swindled customer funds while buying real estate for his personal consumption. He should be indicted.

Maybe the jail is the first thing that a serious Nation like US had to done in this moment!?

Lock him up

KimStrassel can’t you do something?

Criminal who paid protection money to politicans—almost all democrats

Careful, WSJ, don’t choke!

Hero🙏

You are embarrassing and discrediting yourself daily… hourly it seems. Odd approach

Nope, he is a criminal who committed fraud.

SBF stole billions from his depositors. WSJ gawks him all the way. Fixed your headline.

The Wall Street Journal is straight up saying we don’t give a fuck about you people, they think of us as worthless scum. Now they’re rubbing it in our faces saying and you can’t do shit about it! Kinda scary that they don’t even wanna hide it anymore.

No one needs WSJ to explain massive fraud as a 'cautionary tale'. We need to hear about the criminality and corruption behind it. Stop with the puff pieces. Do your job.

It’s like watching a slow movie. Did he commit crimes or just got over on some rich dudes? ie: Tiger , Brady , Ukraine ?

Criminal…makes Madoff look like a saint.

Dudes got 6 screens just to rob the country, lose $15b, and go to jail

Here’s a shorter explanation. And it applies to entire crypto pyramid scheme racket.

You guys are absolutely embarrassing yourselves with this situation.

What in the world are you talking about!!!!? Sam Bankman-Fried is a complete piece of trash. He knowingly stole customer funds and used them. We don’t need a guide. We need actual reporting. I’m a paying customer of WSJ but will not be for long. Disgusting!!

What happened is he stole customers funds .... stop with the fluff pieces.

MSM on SBF…

No it won’t

To think JeffBezos is a billionaire and his media company is sucking this clown’s dick so hard is mind boggling. How much has donated to the paper that bezos dont have smh

You're calling an 8-10Bn financial fraudster and pathological liar a 'cautionary tale'.

Has anyone tried control/alt/delete?

He’s a criminal no? but “journalism” has gone extinct… it’s like media is in a big group chat and publishes the same bs served 30 different ways

All you need to know is that SBF_FTX is a criminal, a fraud, and con man. He belongs in prison and is human trash.

Why do we need a guide? He was a fraudster and stole people’s money. Not complicated.

Change this title you hacks. SBF committed crimes with investor money, which is fraud. arrestSBF

He’s a thief.

Stop posting this sorry bullshit. The guy committed fraud and paid you with customer funds to post this.

you are the cautionary tale WSJ🤣 look at all your pcs handjobbing SBF

Not a cautionary tale. An international criminal, who’s current whereabouts are very well known.

Not a cautionary tale till hes in prison

Hey fix it:

None of us are so ignorant as to need a guide ...your coverage has been insane. He's a crook, a fraud, a criminal...why is this so hard for you all to say. No amount of euphemistic framing will change that he is a thief.

Don’t bother clicking I’ll sum it up, he stole customer deposits and he hasn’t been arrested cause he laundered money for politicians.

Quit your BS. He's likely stolen more money than anyone in history.

Lolol, ohhh you're part of this huh...

Its simple what happened. He was a fraudster and scammed everyone. He also appears to have paid the WSJ and mainstream to write puff pieces about him instead of ripping him to shreds for the millions he scammed and seemz to have got away with.

I hope all MSM leave twitter asap elonmusk

What

Fraud, bribery, corruption, and a dinosaur 'media' that carries his water and washes his feet. The real questions here are, 'why is continuing when SBF's checks are bouncing?' And 'it is seen by some that this proves allegations of bias and being pol. hacks. Any comment?'

elonmusk is this not considered miss information? I mean not only miss information, but it is also kind of and assault to all the people who got their money stolen in bright daylight.

can you also help the people understand what a dogshit media outlet you are and where your interests lie for trying to wash a criminal who intentionally misused billions of customer money?

💲💰💵💸See for yourselves folks its all American dollars in the list of emojis? emojicons? megatrons? whatever they are-they epitomize why the American dollar is the strongest currency in the world irrespective of the measure being used. Americans must earn & pay for all goods &

In today’s article about SBF, you make it sound like he is a hero just made a bad decision. When in fact, all he is a scammer just like Madoff, he’s only sorry because he got caught. When are you going to write an article about the scammer SBF & him going to prison?

Here is what happened. He is a crook and normally wise people got caught up in the hysteria.

elonmusk, Twitter this account appears to be a parody Account impersonating The Wall Street Journal. When did paragon mean con artist. Somebody fact-check this 💩.

Stop being nice to this guy because he had in-vogue political opinions. He’s a criminal, end of story

No, he was the paragon of 'effective altruism.' Journalism is not only becoming more useless by the day, but also more corrupt.

Did you have a fair share of the loot , ⁉️

'Guide'. Why are you protecting a fraudster? No regard for the victims. propaganda

Why is WSJ so soft on SBF

He’s a criminal. Can you write about that? Bunch of damn clowns and frauds. Cautionary tale…don’t steal blatantly from your customers.

No need for your misleading guide. He is a crook who stole people's money and belongs in jail. Why is this so hard to understand. Why are you so intent on cleaning up his image. You racism and bias are sickening

I'm not clicking. Don't trust them and I know what happened. Not giving them a click traffic to their web.

he was stealing people's money together with the democrat party and no governmental agency is investigating

*We* already know what happened and is happening. We are watching it unfold in real time. What would you say it is you do here, Wall Street Journal? Your business model is showing weakness...

The people want the truth, you obviously can't handle it. stopspreadingpropoganda sbfwasafraud

He stole everyones money and belongs in jail. Stop sucking up to him.

A lot of extra words to describe a money laundering criminal.

He’s a puppet used to launder billions.

Keep up the great work with the fake news guys

Saved the world

Theft requires little explanation.

Enough puff wsj. Wolf in Geek's clothing. Fleeced all. Report the theft not the SBF narrative

is a joke. This dude just committed the worst financial crime since Enron.

LOCK HIM UP

You guys are such f*cking liars, what happen to you and all journalism. So disappointed!

Heartbroken to see that a cabal of haters managed to wreck SBF’s altruistic criminal empire that was built on stealing everyone’s money to buy political and media coverage for an ill curated facade of bullshit philanthropy. Sure it’s easy to give a small fraction of looted funds

all crypto and bit coin should be considered as pyramid schemes and counterfeiting schemes

kalian bisa bedakan taik dan telur.... dollar bagi amerika telurnya....crypto hanya taik....!!!!

He is a fraud and a criminal. Wtf is wrong with you people?

I would like a guide to who structured and benefited from the stealing and how they will be forced into the public square.

“Your guide to the crypto crash.” I think I can sum it up better in a tweet: greasy nerd realizes he can take advantage of a decentralized and non-regulated online currency system to syphon money to himself and his political allies completely at the expense of the retail investor

SBF = SCAMMER

I doubt that. And with Musk replying to and exposing your praise of this criminal called Sam-Fried, you have lost any credibility in your views.

I think you linked to the wrong article. When searching for words like 'scam', 'fraud' or 'thief', nothing comes up.

Trying again?

He sold air Poof

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Turkey Seizes Assets of FTX Founder Sam Bankman-FriedTurkey has seized the assets of FTX founder Sam Bankman-Fried amid an ongoing investigation over fraud allegations
Source: Utoday_en - 🏆 295. / 63 Read more »

See inside DC townhouse linked to FTX founder Sam Bankman-FriedHave a look at the cushy Washington crib linked to the fallen crypto bro.
Source: nypost - 🏆 91. / 67 Read more »

Sam Bankman-Fried says he is ‘deeply sorry’ for collapse in letter to FTX team'We likely could have raised significant funding; potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.” Looks like I got 9$ on that exchange 😁 LIAR It’s ok everyone , he said sorry -it’s only money after all
Source: Cointelegraph - 🏆 562. / 51 Read more »

Sam Bankman-Fried ‘deeply sorry’ for FTX collapse — but blames bankruptcy filingMany FTX employees saw their life savings go down the drain following the implosion of the crypto exchange that was once worth tens of billions. He stole from the people and gave it to the Democratic party politicians to get reelected send him to jail claw back donations and stolen money How is this criminal not in jail?
Source: nypost - 🏆 91. / 67 Read more »

FTX founder Sam Bankman-Fried plans to speak during New York Times DealBook summitDisgraced FTX founder Sam Bankman-Fried indicated on Wednesday afternoon that he plans to speak during an upcoming New York Times DealBook summit. What's he gonna say? I'm a morally bankrupt fraud, that can't find my ass with both hands🤣🤣🤣 Ummm... how is this guy still walking free? Crook
Source: FoxBusiness - 🏆 458. / 53 Read more »

Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets – Exchanges Bitcoin NewsThe Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. yea! Thankss a millon Lock his ass up
Source: BTCTN - 🏆 531. / 51 Read more »