Molly WhiteJun 27, 2023
so SBF and an attorney:
• falsified a "payment agreement" between FTX & Alameda
• backdated it by ~2y
• wet signed it to avoid DocuSign timestamp
• submitted it to an external auditor
• used it to obtain a $400M funding round
Show threadMolly WhiteJun 27, 2023

SBF used customer funds to pay someone $300,000 to "[w]rite a book about how to figure out what humans' utility function is (are)"

i picked the wrong career

Show threadMolly WhiteJun 27, 2023
$400,000 went to a YouTuber who made animated effective altruism videos, which sounds like the most unbearable genre i didn't know existed
Show threadMolly WhiteJun 27, 2023
more than $20 million went from an account with commingled customer funds to Guarding Against Pandemics, the PAC run by SBF's little brother Gabe Bankman-Fried
Show threadMolly WhiteJun 27, 2023
damn, the real estate industry has been friendly to mr. squarepants
Show threadBen Ramsey
@molly0xfff SpongeCoin
Jun 27, 2023 at 1:42amWeb