YEREVAN (Coinchapter.com) – Sam Bankman-Fried, the founder of the infamous FTX exchange, is in the headlines again. But this time, it’s not for the alleged illicit activity on the exchange or his possible involvement in the money laundering scheme through Ukraine. What got SBF into the limelight is the banal lack of articulation. He tweeted a single word on Nov 14, followed by a single letter.
The tweet below is confusing, to say the least. But it initiated a sh*tstorm of comments ranging from mildly sympathetic to outright crazed.
Adhering to the nature of going wherever the hype takes you, the Cryptoverse answered the ridiculous tweet with an even more ridiculous sh*tcoin, the WHAT token. Moreover, it created 4x profit out of thin air in a day.
As of now, only SBF himself knows for sure what the WHAT represents. Here are a few of our own
#1 WHAT the f$%# did I get myself into?!
Admittedly, that cryptic WHAT could have meant many things, but an introspective inquiry tops the list (at least it should). SBF created a crypto empire worth $32 billion, lost it all, and filed for bankruptcy after allegedly hacking into his own exchange and withdrawing $10 billion in crypto funds.
If he has to spend eternity watching “The Bachelor,” we’d be ok with that. However, the man deserves a harsher punishment than he admits to. “Sam Bankman-Fried’s utter criminal, irresponsible and reckless attitude has no justification,” reported CoinChapter earlier, and we stand by the statement.
Surprisingly enough, the chief of the Ethereum Network, Vitalik Buterin, found sympathy for SBF, differentiating his public figure from the man behind it.
SBF, the public figure, deserves what it’s getting, and it’s even healthy to have a good dunking session to reaffirm important community values. Sam, the human being deserves love, and I hope he has friends and family that can give it to him.
said Buterin in a comment.
Thus, “what the f$%# did I get myself into” is a valid question a person that possibly tanked an entire industry should ask themselves. Additionally, Bankman-Fried has not yet seen the extent of the repercussions for himself and his former investors.
#2 WHAT the hell was CZ’s problem with me, man!!
In the early stages of the FTX demise, rival exchange Binance was involved in the issue. Binance CEO Changpeng Zhao (CZ) took personal jabs at SBF and vice versa as gentle reminders of their less-than-affectionate relationship.
However, Bankman-Fried even thanked CZ for his support, noting that the Binance CEO has done much for “creating a freer economic world.“
A *huge* thank you to CZ, Binance, and all of our supporters. This is a user-centric development that benefits the entire industry. CZ has done, and will continue to do, an incredible job of building out the global crypto ecosystem.Sam Bankman-Fried said in a tweet.
However, the “thank you” felt a little strained, given the earlier back and forth. So, WHAT is CZ’s problem with SBF? Maybe Bankman-Fried’s illicit activity, or maybe the healthy repercussions of market competition.
#3 WHAT haircut do I take to leave the country without getting identified
When you think Sam Bankman Fried, you think
billionaire to felon in a week signature haircut (or lack thereof). Lessons from Hollywood spy movies: Task number one, if you’re on the run, change a few key appearance features.
Or, maybe, SBF can take cues from other fellow crypto-kings under investigation, like Terra’s Do Kwon. His whereabouts are still unknown, and the Interpol laser point on his forehead did not go away. Maybe the FTX founder can pull a Kwon too, and flee to an undisclosed location as soon as possible, dying his hair blond and entering a Draco Malfoy lookalike contest.
Also read: FTX CEO Sam Bankman-Fried a Democrat Money Laundering Machine?
The post Three Potential “WHAT” on SBF’s Mind appeared first on CoinChapter.