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FTX · FTX (defunct crypto exchange)

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2026-JUN-08 · Joseph Carlson · The Joseph Carlson Show · Neutralmention · ▶ 21:48 · source page ↗

In short: The fail-of-the-week subject: SBF's collapsed exchange, where customer crypto was secretly diverted to Alameda for VC, real-estate and political bets. Uniquely, creditors are getting 100%+ back with 18–20% interest.

21:48Now, in today's fail of the week, we have Sam Bankman Freed of FDX. The FDX co-founder Sam Bankman Freed has officially filed for a pardon from President Trump. Bankman Freed is serving a 25-year prison sentence after being convicted of fraud and moneyaundering charges in 2024. We already know that President Trump likes pardoning people.

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