Friday, April 4All That Matters

Coffeezilla goes to town on SBF to his face (4:00 mark)

41 Comments

  • The only person that should have been interviewing him, because most of the others are falling for his ‘aw shucks’ bs masquerade. The guy is a sociopath, who has fucked a lot of people out of their money, some of them almost all of their money, I hope he goes to jail for a very long time. Fuck that guy.

  • Why did coffeezilla start saying “he” instead of “you” at the end of that? Did SBF hop off the call or something? Other than that …tyfys coffeezilla. Appreciate your work

  • > submitted 3 hours ago

    > 4 comments

    Thank god the majority of users weren’t dumbass fucktwats to have supported anything of this shit.

    Imagine seeing that 19yr old inexperienced and uneducated curly face and his gang of morons, thinking they were the world’s next coming of jesus… embarrassing if you fell for it

  • Coffeezilla is my r/videos nightmare.

    -Doesn’t get to the point
    -Reiterates endlessly
    -Keeps repeating his talking points
    -Says the same thing over and over again
    -Isn’t concise in his arguments
    -tends to add a lot of fluff to make the same point

    Did you read all of the above? You got the Coffeezilla experience, thanks for wasting your time.

    My point is that even when uploading pre-recorded content he doesn’t respect his viewer’s time. I appreciate some of his coverage that I see on this sub, but I’ve seen his garbage come by on this sub for years. For fucks sake work on your presentation.

    At this point it’s evident the guy is just milking minutes for unearned ads.

  • The excuse SBF has is pretty weird for anyone who has worked in a startup company. You don’t accidentally misplace $8 billion dollars that have come in, into the wrong company. That just doesn’t happen.

    First it doesn’t happen from an accounting point of view. Very basic accounts would have kept this money on the books. Bear in mind SBF claims that he kept these companies separate. So that’s two attempts at basic accounting failing here. That’s very unlikely to be a coincidence.

    Second from a technical point of view. Building a system to track money wired in, and crediting the relevant customer on the platform. Is a pretty straight forward thing to build. It’s really not difficult. I say that as someone who has built such systems myself. There are bazillions of similar systems out there. Again, they aren’t difficult to build.

    Edit; I mention the second point because businesses that can deposit users credit, naturally end up building such a system. It’s an obvious no brainer.

    Third, you would absolutely want to build such a system yourself. As you don’t want to be crediting customers by hand. It’s a lot of work, it’s error prone, and when you have a large number of customers it gets confusing. Simply from a lazy point of view. It makes sense to have such a system built to save on time.

    His explanation only makes *some* sense if SBF was treating both companies as one giant company. Which is one the accusations of malpractice, and something he is (kind of) claiming is not the case. Yet that’s the only way his explanation makes any sense. Even then my first point on basic accounting would have spotted they are trading with customer funds.

  • For lawyers actually involved in the case this is essentially demonstrable guilt, right? As far as I know “I wasn’t aware what was going on” would just count as some kind of criminal negligence. If you are managing eight billion dollars of other people’s money you can hire a few people to keep tabs on things, but even putting that aside it’s part of the responsibility of managing the funds. I get that maybe in the public eye he can kind of put on some persona for sympathy, but with respect to legal prosecution, it seems pretty clear that it’s fraud.

  • Umm… like… ummm…. you’re like naive for asking this question and it’s irrelevant. It’s irrelevant to ummm… like… how… I… ummm…. irrelevant…. like… defrauded people out of…. ummm… like billions of… umm… like dollars… that’s umm… like… irrelevant… and you’re like… naively…. umm… naive… for ummm…. like… thinking… I umm…. did anything wrong…

    He’s definitely a good litmus test for the corrupt politicians on both “sides” who are turning a blind eye to his blatant criminality who also need to be held accountable for their aiding and abetting roles in this widespread fraudulent activity.

  • In one sense, SBF really was an idiot for the whole FTX situation. If he ran FTX honestly, then FTX probably would have had an IPO in 3-5 years at a valuation of $50B or more. SBF’s shares in FTX would have been worth more than the billions he stole from FTX customers.

  • It blows my mind people defend him. Some billionaire came out days ago saying he believed him. How do you not know ANYTHING going on in your own company all the sudden? No one who is innocent immediately takes off to the Bahamas.

    “I have less than 100k in my account”. Are we suppose to feel bad 1 of 50 bank accounts is below 100k? Almost anyone would kill to have even 10k in the bank. He also bought a bunch of real estate.

    It’s mind blowing that no one wants to bring him in…

  • How long ago since he literally described his business model as internet ponzi memes?

    Crypto has always been solving problems it introduces, under the guise of being a system that solves problems we already have with modern banks (solves 0 of those), and none of them were in it to make it work.

    It’s like the french revolution, where the people leading the revolution just wanted the power for themselves. The only reason he will see consequences is he has the audacity to take more than poor people’s money.

  • That reaction video was fraud. Popping your face in to say a one liner before 3 minutes just to avoid the you tube algorithm taking you down.

    More credit and views to coffezilla and not this content stealing jerk

  • The only reason SBF is not in jail is because he’s the 2nd biggest donor to the Democrat Party and his Mom, Barbara Fried, is the co-founder of “Mind the Gap” a massive fund raising organization for Democrat candidates.

  • I would be tempted to believe SBF’s bullshit if his entire accounting system was jacked up from top to bottom. But it’s too much of a stupid coincidence that the one thing he “accidentally” lost track of was an $8 Billion internal transfer to his own fucking company. This guy should be in prison.

  • I have been reading and watching a lot of videos about this guy and what happened. But I’m not too educated about this. And I sure am not defending him. Is there any article that can explain exactly what he did wrong? I am sure as hell not defending him, but I haven’t seen anything explaining—without assumptions—what he did wrong precisely with proof.

    I keep reading FTX loaned money to Alameda, but SBF said customers paid Alameda not FTX in exchange for FTT, which makes FTT sound like a security. Is there proof FTX improperly loaned money to Alameda?

  • A lot of powerful people lost a lot of money . Caroline Ellison and the co CEO who got out in August and SBF, are in real danger of being terminated. I am sure they are looking over there backs . There pain will be legendary, even in hell

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