Coinbase CEO believes Sam should be in custody now and objected that SBF declare FTX bankrupt due to an accounting error. Brian stressed that the collapse of FTX at large was a fraud and that the money was moved to Sam’s hedge fund. Brian Armstrong, Coinbase CEO, tweeted that it didn’t matter what the matter was.

  

Coinbase CEO believes Sam should be in custody now and objects to SBF declaring FTX bankrupt due to an accounting error. Brian stressed that the collapse of FTX was a fraud and that the money was moved into Sam’s hedge funds. On December 4, Coinbase CEO Brian Armstrong tweeted that he will certainly notice an additional $8 billion in the account, regardless of how messy or rich SBF’s accounts. People are shocked that FTX went into bankruptcy due to an accounting error. However, it is clear that customers funds were compromised. Armstrong thought it was confusing that Sam wasn’t in custody yet. He also questioned why Bankman-Fried has not been called a criminal by the media.
“I think we all were pretty shocked to see how much fraud was committed at FTX. Let’s call this fraud. It must be called what it is. It’s quite bizarre that mainstream media has not declared, “This guy’s criminal.” Maybe they want him to be indicted or taken into custody. It seems quite clear that this is the case at this point.
It is possible to say that Sam Bankman-Fried is protected by a strong legal force. This could be because he was raised in a family with political and legal connections. DISCLAIMER. The information on this website is intended to be general market commentary and not as investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comFoxyCoincu NewsTags: # Cryptocurrencies#MarketsBlockchainBrian ArmstrongCEO CoinbaseCriminalcryptoFTX CollapseHedge FundsSam Bankman-FriedScam