Variety<p>Matt Rife Among 10 Cast in Netflix’s FTX Series ‘The Altruists’<br><a href="https://mastodon.social/tags/Variety" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Variety</span></a> <a href="https://mastodon.social/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>News</span></a> <a href="https://mastodon.social/tags/FTX" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FTX</span></a> <a href="https://mastodon.social/tags/MattRife" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MattRife</span></a> <a href="https://mastodon.social/tags/Netflix" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Netflix</span></a> <a href="https://mastodon.social/tags/PaulReiser" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PaulReiser</span></a></p><p><a href="https://variety.com/2025/tv/news/matt-rife-netflix-ftx-series-the-altruists-1236451203/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">variety.com/2025/tv/news/matt-</span><span class="invisible">rife-netflix-ftx-series-the-altruists-1236451203/</span></a></p>
#FTX
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Perhaps nobody has spent more to buy a break from public scrutiny than the #crypto industry.
“The crypto guys are just blowing it out,” an anonymous Trump advisor told Axios.
“It used to be $1 million was a big number. Now we’re looking at some folks giving like $10 [million] or $20 million.”
They want a friendly Securities and Exchange Commission.
Venture capitalist and PayPal Mafioso David #Sacks has already been named as a “crypto czar.”
And there’s a pending executive order to name crypto
“a national imperative or priority
— strategic wording intended to guide government agencies to work with the industry,” according to Bloomberg.
We may even be about to witness our very first presidential meme coin pump-and-dump.
Crypto is good for little besides crime and gambling -- and less regulation means more chances for people to get scammed by the next #FTX.
(Speaking of gambling, #Robinhood donated $2 million to the Trump inaugural fund.)
On top of that, the executive order means a higher likelihood of crypto getting shoveled into new government projects — whether it’s useful or not.
Crypto capture could even extend to soft-pedaling enforcement of the assorted criminal industries that rely on it.
https://www.theverge.com/2025/1/20/24346317/trump-gangster-tech-regulation-corruption-grift
The Verge · Welcome to the era of gangster tech regulation
Постраждалі користувачі криптобіржі FTX з України не отримають компенсацію https://itc.ua/ua/novini/postrazhdali-korystuvachi-kryptobirzhi-ftx-z-ukrayiny-ne-otrymayut-kompensatsiyu/ #криптовалютнабіржа #СемБенкман-Фрід #Криптовалюта #Криптовалюти #Криптобіржа #Криптобіржі #Крипторинок #Криптозима #Виплати #Новини #Крипто #FTX
ITC.ua · Постраждалі користувачі криптобіржі FTX з України не отримають компенсаціюОдин з кредиторів FTX під ніком Sunil оприлюднив на платформі X інформацію про те, що клієнти збанкрутілої біржі FTX з України, Єгипту, Ірану, Нігерії, Китаю, росії та Саудівської Аравії не мають права на отримання компенсацій через поточних провайдерів розподілу коштів — компанії BitGo та Kraken.
Replied to Molly White
@molly0xfff #GenesisBlock is the cash for crypto #FTX subsidiary outside of whose #HongKong office people were lining up with garbage bags full of cash every day for years according to reporting in The Financial Times.
connect the dots: it's the #triads (AKA "the chinese mafias") converting exfiltrated chinese flight capital into the $38 billion worth of #Tether that #SBF minted on #JustinSun's #Tron blockchain.
X (formerly Twitter)⚯ M Cryptadamus ⚯ | @cryptadamist@universeodon.com (@Cryptadamist) on X@balanceaboveall @rsalame7926 @Bitfinexed the most likely scenario:
1. Alameda borrows 100 USDT from Tether
2. Alameda sells 100 USDT to the mafia for $110
3. Alameda pays back the 100 USDT loan with $100
3. chinese mafia sells 100 USDT to chinese citizen for $130
everyone is happy
https://t.co/xIMZopp9Rb
Continued thread
All of this and more in the last Citation Needed issue of the year.
If you like my writing and want to support my work, please consider signing up for a pay-what-you-want subscription! It really helps me to keep doing this.
Citation NeededCitation Needed
Continued thread
Troublingly, the conditions that enabled FTX’s fraud remain unchanged today. With the same red flags waving across today’s cryptocurrency industry, it’s hard to avoid the conclusion that similar frauds have only yet to be discovered.
Continued thread
There's a case against Anthony Scaramucci, who just announced he bought a new Lamborghini as he and his business partner are being accused of possibly "looting the [SkyBridge fund] assets for themselves", after Bankman-Fried bailed out their failing crypto fund.
Continued thread
There are cases against fourteen political action committees and dark money groups, some of which were recipients of FTX's illegal straw donations as FTX tried to hide some of its political maneuvering.
Continued thread
There's a case against crypto exchanges run by Justin Sun (among the shadiest of Donald Trump's new crypto business partners), which is trying to dodge returning assets that FTX entities were secretly trading on his platforms.
Continued thread
They include a case against Genesis Block, a self-described "grey area" crypto business secretly acquired by FTX, which is now trying to claim over $65 million of FTX money belongs to them in what the bankruptcy estate describes as a "baffling act of hubris".
Continued thread
The roughly thirty FTX adversary cases, filed against business partners, customers, effective altruist organizations, and political action committees, pull back the curtain on how cryptocurrency companies do business.
Newsletter: Adversary cases from the FTX collapse further expose how crypto companies do business: with secret acquisitions of “grey area” businesses, buying influence, and creative accounting.
Citation Needed · Not just one bad apple: FTX's practices were business as usual in cryptoAdversary cases from the FTX collapse further expose how crypto companies do business: with secret acquisitions of “grey area” businesses, buying influence, and creative accounting.