A written account from FTX co-CEO Ryan Salame details that the former FTX executive may have disclosed Sam Bankman-Fried’s alleged fraudulent acts two days before the crypto companyOstensibly, Salame contacted law enforcement officials in The Bahamas and explained that SBF sent illicit transfers to Alameda. The letter is dated Nov. 9, and Salame explained that the customer funds were used to pay down Alameda’s “financial losses.
The court documents detail that the letter from Salame first went to the Securities Commission of the Bahamas and then it was distributed to the Bahamian commissioner of police. The letter was purportedly received by the executive director of the Bahamas securities commission Christina Rolle. Salame allegedly explained that the high-up FTX execs — SBF, Gary Wang, and Nishad Singh, were the only three individuals that had full access to transfer such funds to Alameda.show that FTX lawyers have accused the Bahamian government of ordering SBF and Gary Wang to mint millions of tokens. There’s also accusations that say Bahamian residents got special treatment during FTX’s collapse.
There’s an “alleged $100 million in cryptocurrency withdrawals that occurred between November 10, 2022, and November 11, 2022, from 1,500 individuals.” It is assumed that the ostensible funds used for these withdrawals stemmed from FTX Digital’s customers.with Bahamian government officials as well, as he once traveled to Ohio to 80 Acres Farms with the Bahamian prime minister Philip Davis and other officials from the island nation.
As far as a special relationship between SBF and the Bahamian government, officials from the island say the allegations are “inflaming and untrue.” The Bahamian authorities claim the government only discussed “insolvency proceedings in the Bahamas” with SBF before the Chapter 11 filing.
2 days? This guy is a fucking saint! He has been with her corporetards for how long? And 2 days. He almost saved earth. But shit hit the fan and then after all said and done. 2 days. 2 days earlier he could have done something. Lock his ass up. And give him the two day bubba
just watched the senate hearing with Kevin Leary and he was blaming [someone else i don't want to mention] for this. After 1-2 years while slowly peeling this onion, is when we'll know the real facts
SBF_FTX 🖕
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