 [NYP] Three weeks before the implosion of FTX, its disgraced founder Sam Bankman-Fried bad-mouthed a rival crypto mogul at an investor conference in Saudi Arabia — an indiscretion that sources say may have triggered his downfall, The Post has learned.
We crypto ponzi-scheme thieves have honor. You are a simple democrat fund raiser without honor.
The 30-year-old Bankman-Fried — whose FTX fund filed for bankruptcy on Friday, obliterating his $16 billion personal fortune — had traveled to Riyadh for the annual "Davos in the Desert" financial summit on Oct. 25 — Oct.27, where he was angling to raise money from some of the world’s deep-pocketed investors.
Answer is NO Bankman-Fried. We see what you did there.
But in private meetings at the event, Bankman-Fried, known as "SBF" in crypto circles, raised eyebrows as he "trashed" ChangPeng Zhao — the China-born CEO of Binance who, in addition to being one of Bankman-Fried’s early backers, is a highly respected tech founder in the region.
CZ is highly respected. Bankman-Fried gives global crypto-ponzi scheme very bad name.
That’s despite the fact that Zhao — known as "CZ" among crypto enthusiasts with a net worth of $17.4 billion, according to Forbes — was at the conference, too. When Middle East investors tipped off Zhao that Bankman-Fried had slammed him behind his back, Zhao was furious, according to a crypto observer.
Crypto ponzi-scheme is one thing. Short-term political fund raising is yet another. You Bankman-Fried, ruin it for everyone.
"He pulled the pin out of the grenade on this trip," a source said of Bankman-Fried’s trash-talking of Zhao.
CZ never liked you anyway. You are punk. Nutcase, doper girlfriend is punk also.
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