Big Data Protocol Գին

Sam Bankman-Fried says “the clearest way to help protect investors is to provide transparency and prevent scams.” While he has been dumping on retail for time. Ironic.

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/y9lwl1/sam_bankmanfried_says_the_clearest_way_to_help/"> <img src="https://external-preview.redd.it/RxRGw2pyZqGSa3vElGQTi13UsgqHHKgtq2b_WDEd__A.jpg?width=108&crop=smart&auto=webp&s=25f0b0fbbd00d6d2680188858be47f62a25deccf" alt="Sam Bankman-Fried says “the clearest way to help protect investors is to provide transparency and prevent scams.” While he has been dumping on retail for time. Ironic." title="Sam Bankman-Fried says “the clearest way to help protect investors is to provide transparency and prevent scams.” While he has been dumping on retail for time. Ironic." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Lets go through a few of the tokens SBF and his friends at FTX have dumped on retail, and go through some of FTXs shady deals.</p> <p>Big Data Protocol</p> <p>This token once acquired 10% of all DeFi TVL in a single weekend, with over $6B in total value locked. ~$1B of the TVL belonged to Alameda, who dumped it relentlessly on plebs. </p> <p><a href="https://preview.redd.it/2muue6ihq3v91.png?width=1282&format=png&auto=webp&s=6f152302c96b81b880e9d3bed5439c1a6a2e90b4"> From $114M mcap down to just $581K today.</a></p> <p>The next one is one I'm sure many of us know of or the very least have heard of it. Stargate.</p> <p>The Alameda team sniped the $25M auction in the first block, and claimed they won’t be selling for “at least” three years. A short time after they secretly sent 8.4M STG to FTX & Binance. From $4.14 down to $0.42 today.</p> <p><a href="https://preview.redd.it/l7d0eg9zq3v91.png?width=1282&format=png&auto=webp&s=8736f9182a2942a5f10c6560782be088ac4b5691">https://preview.redd.it/l7d0eg9zq3v91.png?width=1282&format=png&auto=webp&s=8736f9182a2942a5f10c6560782be088ac4b5691</a></p> <p>In early 2021, Alameda reached out to Reef for a large investment at a 20% discount Reef agreed, sending $20M worth to Alameda, which was immediately sent to Binance Then, they asked for an additional $60M which the team denied. Alameda then threatened to remove Reef from FTX </p> <p><a href="https://preview.redd.it/oe1lx87ir3v91.png?width=1282&format=png&auto=webp&s=dd28d472f15024c625d09eb6ac9b1c5f6cbd0007">https://preview.redd.it/oe1lx87ir3v91.png?width=1282&format=png&auto=webp&s=dd28d472f15024c625d09eb6ac9b1c5f6cbd0007</a></p> <p>Credit to <a href="https://twitter.com/CroissantEth/status/1583279221853794304">https://twitter.com/CroissantEth/status/1583279221853794304</a></p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/Far-Scholar9028"> /u/Far-Scholar9028 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y9lwl1/sam_bankmanfried_says_the_clearest_way_to_help/">[link]</a></span>   <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/y9lwl1/sam_bankmanfried_says_the_clearest_way_to_help/">[comments]</a></span> </td></tr></table>