genius look is one we all noticed with this story, pete. he had a lot of people fooled. he did. but he would go to international climate conferences and charitable conferences and wear shorts, sneakers, his hair is unfit and talk about use all the left wing buzz words alongside prominent politicians. 30 years old. m.i.t. graduate. is he a whiz kid? what is ftx versus the ftt folk en. he wants to seem to give it all away. no one is looking under the hood and giving a lot of money away and whether it s the financial market or it s other parts of the elite universe, when you give chair itably it s the easiest way to get into the inner circle of other elites and that s a stool he used in this case also. pictures of him sitting next to well-known democrats. bill clinton sitting on the stage. a picture we ve seen many times
case doesn t mean you bring it. something you find something where you won t win it. in the last sort of couple months right as right before this thing blew up. sbf was running around the middle east looking to raise money trying to get a valation on ftx. he is raising money. the expectation is if you give equity money to him, he will go public, whatever, at a bigger valuation, maybe a $60 billion valuation. while that was going on, his finances were imploding. his token that ftt folk en was a part of his hedge fund and ftx was imploding. while that was happening he was taking money out of ftx and putting it then he was going around to try to raise additional money.