Post
Topic
Board Gambling discussion
Re: BANKMAN-FRIED PANIC GAMBLES TO REPAY DEBT
by
Fundamentals Of
on 29/12/2022, 02:52:46 UTC
This is what worries me, the guy not only has the money but he has connections everywhere which can make a case like this to go away, I hope it does not happen but the more I think about it the more likely it seems, and if this were to happen the worst part would be that while he walks away free from this debacle to enjoy all the money he stole, those that remain and are part of this community will have to go through new and more heavy regulations all because of him.

Indeed those political donations he made with other people's money may come handy now he sees himself in this sticky situation.
All I can say is we all must be ready to cope if this guy goes away with this blatant theft and mismanagement of money, he ruined lifes and make ours a bit more difficult by giving reasons for the most powerful governments on the planet to toughen regulation.

If he wanted to feel the thrill of gambling he just needed to create an account on Stake and play with his own pennies.
Truly, law is only for those who are not rich enough.  Roll Eyes

Why should a billionaire like him play with his own pennies? That's small time. He can't reach his goals with baby steps. He's got millions of his own personal money to squander in casinos. Not only that, he also has access to the billions of money that his clueless customers deposited in his exchange. He must have thought he could use them to try recovering what he lost after Terra collapsed. And yes, he actually used Stake as one of his gambling platforms of choice.