Godlike Productions - Discussion Forum
Users Online Now: 2,102 (Who's On?)Visitors Today: 495,310
Pageviews Today: 1,247,276Threads Today: 440Posts Today: 11,029
05:48 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Crypto exchange owner admits to MANIPULATING price of so-called "sound money" bitcoin

 
Crypto scammers
User ID: 82788992
United States
06/22/2022 11:09 AM
Report Abusive Post
Report Copyright Violation
Crypto exchange owner admits to MANIPULATING price of so-called "sound money" bitcoin
In a recent interview with NPR, Bankman-Fried, 30, said he has a responsibility to consider stepping in, “even if it is at a loss to ourselves,” to stem contagions and help the industry thrive.

1) Today we’re injecting $250m into BlockFi and partnering with them so they can navigate the market from a position of strength.

— SBF (@SBF_FTX)
June 21, 2022
This past weekend was critical in terms of finding white knights who could help develop a bid to stabilize this market,” Jeff Dorman, chief investment officer at asset-management firm Arca, wrote in a note Tuesday. “It doesn’t take a lot of capital right now to support prices and failing lenders, and there are a lot of players incentivized to ensure this industry doesn’t fail.”

Major crypto players have a history of bailing out key troubled firms. Last year, FTX provided $120 million debt financing for Liquid Group Inc. after hackers stole from the Japanese crypto exchange. FTX later acquired Liquid.


[link to www.bloomberg.com (secure)]



Muh crypto is "people's money". "totally not manipulated" lol, even though a few hundred wallets control 95% of all crypto.


This asshole admits their is ZERO liquidity in the crypto market, and it only takes a few million to prop the so called trillion dollar market.

Is there anything in crypto that's not a complete scam?

lala
Anonymous Coward
User ID: 82719090
06/22/2022 11:12 AM
Report Abusive Post
Report Copyright Violation
Re: Crypto exchange owner admits to MANIPULATING price of so-called "sound money" bitcoin
"Bankman-Fried" has to be the best name evah, for a (((money juggler!)))
Alchemike

User ID: 73977045
United States
06/22/2022 11:18 AM
Report Abusive Post
Report Copyright Violation
Re: Crypto exchange owner admits to MANIPULATING price of so-called "sound money" bitcoin
This has absolutely nothing to do with Bitcoin.

And everything to do with shitcoins and shit exchanges.
white walks red...
Anonymous Coward
User ID: 83530696
United States
06/22/2022 11:22 AM
Report Abusive Post
Report Copyright Violation
Re: Crypto exchange owner admits to MANIPULATING price of so-called "sound money" bitcoin
This has absolutely nothing to do with Bitcoin.

And everything to do with shitcoins and shit exchanges.
 Quoting: Alchemike


It's all Shitcoin. Worthless perception of air traded on servers in the Caribbean.





GLP