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.
He feels that he can do whatever he want, without having to face any consequences. He was conducting an interview after the collapse of FTX from Bahamas, and this was his facial expression:
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The name of this guy should be changed from Sam Bankman Fried to Sam Bankman Fraud. Look at him laughing during the interview. It is clear that he feels a lot of contempt towards the ordinary users who lost their life savings. Now he is flying in business class and gambling away hundreds of millions of USD. Tells a lot about the arrogance and lack of accountability.
He had made out himself to be caught or imprisoned so that everything would really be cleared up and since he know that he does have the money then he knows that he can able to get out.
It would really be pissed out to those people who had been affected with this fraud.Its true that his last name should be changed to "Fraud" instead of Fried. That name suits him well.
Speaking about repaying debt via gambling would really be just making things even more worst. How can or where we would be able to see those recent updates
in relation with SBF?