Bitcoin (BTC) supporter Michael Saylor has declared Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency exchange FTX, the “poster boy” of vacancies. He also argued that the tokens he issued were ethically inappropriate.
In an interview published on Dec. 6, Michael Saylor stated that there has been a low simmering relationship between the Bitcoin community and the cryptocurrency community in general for years. guerrilla war claimed it was. According to Saylor, SBF is only for the next of fraud was the poster face. of the crypto community greedy, arrogant and stupid Saylor, emphasizing that the SBF is like the majority of the community, shitcoin He claimed he was guilty of his sin.
people’s own by issuing unregistered securities Saylor stated that there are ethical problems related to SBF’s making billions of dollars from the tokens it created out of nothing and lending from customer funds. demonic acre point described as.
Bitcoin proponent, in traditional finance 1 billion dollars about a security 10 million He said that a dollar of debt could be counted as collateral, but that rate was probably not enough for SBF. Saylor also does not want to borrow money from any crypto companies, so SBF has to take the assets of its clients to itself. credit stated that he may have given
FTX from many other platforms much lower Saylor explained that it has transaction fees as follows:
His goal was not to make money, but to collect as many assets as possible on the platform because he used the entire platform like a huge piggy bank.
On the other hand, Saylor believes that cryptocurrency communities arrogant, greedy and stupid and that they are adequately informed about ethical values. deep they couldn’t think suggested.