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FTX and Biance

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  1. #171

    On a related subject.... I found this chilling. Can't say 100% it's not faked somehow, but worth a minute of your time to contemplate the implications if real.

    https://twitter.com/ApeDurden/status...59081245437952

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  2. #172

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    Is this BlockFi bankruptcy new?


  3. #173

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    Quote Originally Posted by shri:
    Is this BlockFi bankruptcy new?
    Yes. Just filed last night.

    Expect genesis to fall next.
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  4. #174

    Its not really new, just the legal confirmation of BlockFi's known status.

    They had severe issues months back and were 'rescued' with a bail out by none other than FTX. FTX then took custody of the BlockFi assets, squandered them illegally, and now BlockFi are bankrupt.

    Without FTX's fraud BlockFi creditors were likely to see 80c on the dollar, now much less.

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  5. #175

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    Quote Originally Posted by Gollygordon:
    On a related subject.... I found this chilling. Can't say 100% it's not faked somehow, but worth a minute of your time to contemplate the implications if real.

    https://twitter.com/ApeDurden/status...59081245437952
    Turns out this clip itself turns out to be fake news published by the Sinclair Media Group, a right wing news outlet. It worked on the Gollygordons of the world.

    https://variety.com/2018/tv/news/sin...sh-1202741019/
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  6. #176

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    But.... yes, this is extremely dangerous to our democracy.

    They're playing 3D chess and beating themselves ...

    The spot includes language painting the Sinclair-owned local news stations as the heralds of real news and refers to other media outlets as publishing “fake stories…stories that just aren’t true, without checking facts first.” The language reflects President Donald Trump’s insistence that the mainstream news media is “fake” and that certain narratives are pushed for political reasons. “Unfortunately, some members of the media use their platforms to push their own personal bias and agenda to control ‘exactly what people think,'” the promo reads.

  7. #177

  8. #178
    Quote Originally Posted by SirNotAppearing:
    Turns out this clip itself turns out to be fake news published by the Sinclair Media Group, a right wing news outlet. It worked on the Gollygordons of the world.

    https://variety.com/2018/tv/news/sin...sh-1202741019/
    Fair play sir, thanks for confirming. I did explicitly say I didn't know whether it was real.

  9. #179
    Quote Originally Posted by SirNotAppearing:
    Turns out this clip itself turns out to be fake news published by the Sinclair Media Group, a right wing news outlet. It worked on the Gollygordons of the world.

    https://variety.com/2018/tv/news/sin...sh-1202741019/
    Fair play sir, thanks for confirming. I did explicitly say I didn't know whether it was real.

  10. #180

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    Quote Originally Posted by Gollygordon:
    Fair play sir, thanks for confirming. I did explicitly say I didn't know whether it was real.
    If it was sufficiently dubious to require such a qualification in the first place, then perhaps it should not have been posted without verification, in the first place.

    This is too similar to the far right "just asking questions" tactic- it opens the doors wide to all sorts of tomfoolery.

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