SBF says he 'misaccounted' US$8B as the cash was counted twice
#1

Nobody started a thread on this so here's it.



Pete Syme Dec 2, 2022, 7:09 PM


......

When the Bloomberg reporter asked Bankman-Fried if he had "misplaced US$8 billion," the FTX founder replied: "Misaccounted."

He said that some FTX customers sent money directly to Alameda's account because some banks were more willing to work with the hedge fund than the crypto exchange.

Then, FTX's internal accounting system counted this money twice by crediting it to both companies.


https://www.businessinsider.com/sam-bank...sf-bi-main
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#2

Temasek super steady. 8 months due diligence Laughing

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
[+] 1 user Likes p1acebo's post
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#3

He is everything including chief accountant and chief auditor?  Rotfl
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#4

He I trying to say... I am so stupid it wasn't fraud.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

(04-12-2022, 02:26 PM)p1acebo Wrote:  Temasek super steady.  8 months due diligence Laughing

Multibillion dollar business without accountant and auditor!  But,..... due diligence!!! Laughing
[+] 1 user Likes cityhantam's post
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#6

never trust anyone with curly hair
https://i3.read01.com/3pCdMbDOwD4zi5sPQWETfS8/0.jpg
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#7

If you add an n, you get friend 

But without the additional n, it is not friend
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#8

(04-12-2022, 02:36 PM)Odessy Wrote:  If you add an n, you get friend 

But without the additional n, it is not friend

At least it is not 'friend' without the r.
[+] 1 user Likes Levin's post
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#9

(04-12-2022, 02:36 PM)Odessy Wrote:  If you add an n, you get friend 

But without the additional n, it is not friend

He fried everybody, including Tamasick!  Rotfl
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#10

My company turnover only a few millions nia, also got certified accountant and proper auditor lah.
Why billion $ company don’t have?
Some more said 8 months due diligence.
Take us like 3 yo children.
What a joke.
Better to get justice Bao to conduct a thorough investigation.

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#11

(04-12-2022, 02:13 PM)Levin Wrote:  [Image: gggggggggggggggggggggggggg.jpg]
Just looking at his crookest face and untidy hair, I don't even need to do due diligence to tell he is a con man. How the fuxk TH can walked into this shxt with due diligence some more? .... Angry

 Thinking is difficult, that's why most people judge
                    Carl Jung
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#12

(04-12-2022, 05:31 PM)Huliwang Wrote:  Just looking at his crookest face and untidy hair, I don't even need to do due diligence to tell he is a con man. How the fuxk TH can walked into this shxt with due diligence some more? .... Angry

Laughter-13  Laughter-13
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#13

(04-12-2022, 05:31 PM)Huliwang Wrote:  Just looking at his crookest face and untidy hair, I don't even need to do due diligence to tell he is a con man. How the fuxk TH can walked into this shxt with due diligence some more? .... Angry

It is just amazing that due diligence was carried out but fall for this scam.... Angry
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#14

(04-12-2022, 05:19 PM)whylah Wrote:  My company turnover only a few millions nia, also got certified accountant and proper auditor lah.
Why billion $ company don’t have?
Some more said 8 months due diligence.
Take us like 3 yo children.
What a joke.
Better to get justice Bao to conduct a thorough investigation.

Oppositions not doing their job!
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#15

[Image: Fhok-YKd-Xo-AEs-QZS.jpg]
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#16

(04-12-2022, 06:34 PM)cityhantam Wrote:  Oppositions not doing their job!

I think life is too good n too comfortable in Teamsek liao.
Don’t need to answer anything for it, just express disappointment can liao.

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#17

(04-12-2022, 08:50 PM)whylah Wrote:  I think life is too good n too comfortable in Teamsek liao.
Don’t need to answer anything for it, just express disappointment can liao.

Just simply write-off.............. Angry
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#18

(04-12-2022, 02:26 PM)p1acebo Wrote:  Temasek super steady.  8 months due diligence Laughing

temasek got to masturbate twice as many time as conducting due diligence

exhausted they cannot perform due diligence properly

very good reason and explaination for their blunder

just like SBF
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#19

[Image: 1652270854433?e=2147483647&v=beta&t=2O1U...pzmCGtBDQk]
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#20

(04-12-2022, 09:11 PM)cityhantam Wrote:  [Image: 1652270854433?e=2147483647&v=beta&t=2O1U...pzmCGtBDQk]
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Then what is enough.......? Angry
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#21

(04-12-2022, 09:16 PM)debono Wrote:  Then what is enough.......? Angry

I think he meant that the company need to have capital but importantly, it also need someone like him.
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#22

(04-12-2022, 09:37 PM)whylah Wrote:  I think he meant that the company need to have capital but importantly, it also need someone like him.
Another CECA to man the govt. agency..........? Angry
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#23

(04-12-2022, 06:34 PM)cityhantam Wrote:  Oppositions not doing their job!



Must get Shawn Huang to COP Temasick

He is the best person who knows Temasick




[Image: Shawn-Huang-former-pilot.png]

Why do we need 5 Mayors and 80 PAP Ministers? 
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#24

(04-12-2022, 09:39 PM)debono Wrote:  Another CECA to man the govt. agency..........? Angry

There are many in teamsek, not really interested whether he is a true blue sg.
Probably, many are their so called local, just like giving them toilet papers.

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#25

(04-12-2022, 06:34 PM)cityhantam Wrote:  Oppositions not doing their job!
Yes, opposition must bring this up for debate in the next parliament sitting...... Big Grin
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#26

SBF reminds me of Najib. He is either stupid or he is dishonest. Quite easy to see which answer is more plausible.
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