The stuff Sam Bankman-Fried’s parents bought using FTX money

https://www.theverge.com/2023/9/19/23880783/bankman-fried-ftx-lawsuit-clawback

by dustincoates • 3 years ago

22 4 3 years ago

To be fair, $2,500 for a hand-knotted Persian rug is actually a great price, unless it was a very small piece. That one anecdote didn't seem too absurd, or at least not at the same level as some of the other data points.

metadat• 3 years ago

Haha, I had the same thought. Though the rest of the evidence is astoundingly egregious, $5.5m of dirty money to Stanford, gifted from an esteemed law professor.. source intentionally obfuscated.. my god, people are, on average, so stupid.

"Look at me, I'm such a faux baller, cuz I guilt tripped my criminal son into unloading tens of millions to me so I could buy stupid shit. BYAHHH!"

Oops.

catchnear4321• 3 years ago

while token in comparison to most of the items, that amount of money is life-changing for many people.

the point isn’t the cost of the rug. it is the rug.

dang• 3 years ago

Recent and related: Sam Bankman-Fried’s Elite Parents Enabled His Crypto Empire - https://news.ycombinator.com/item?id=37540451 - Sept 2023 (23 comments)

The stuff Sam Bankman-Fried’s parents bought using FTX money

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