BeTheBall- t1_j7howi1 wrote on February 6, 2023 at 9:40 PM

Reply to comment by SulfurInfect in AI Seinfeld banned on Twitch over transphobic jokes by asjonesy99

Bodes well for us all with the future of AI

/s

BeTheBall- t1_iwtb6er wrote on November 18, 2022 at 4:36 AM

Reply to comment by Naughtai in FTX coach says executives were ‘UNDERSEXED’, denies rampant amphetamine use by Science_421

Usually, that would be correct. However, based on what I've heard about him....

BeTheBall- t1_iwoyxuj wrote on November 17, 2022 at 6:50 AM

Reply to comment by Sm00gz in FTX coach says executives were ‘UNDERSEXED’, denies rampant amphetamine use by Science_421

Here's how I understand it on a 40,000ft level.

He took $16B from people who thought they were investing in crypto on his "exchange" and gave it to another company of his. That company used it to make other outside investments. Those investments ultimately cratered and he was unable to cover people who wanted to sell/transfer the crypto they thought they had on his exchange. At that point he stole the last $600M from his customers' accounts, and is now on the lamb trying to avoid extradition back to the US.