The Man Who Bet $500M on Anthropicโฆ Then Lost Everything to an $8 Billion Fraud
(Sam Bankman-Friedโs)
โข ๐ญ๐ต๐ต๐ฎ: Born in California. Grew up pretty normal, later went to MIT for physics.
โข ๐ฎ๐ฌ๐ญ๐ฐโ๐ฎ๐ฌ๐ญ๐ณ: Worked at Jane Street after college. Then started Alameda Research in 2017 with some friends, basically doing crypto trading and arbitrage.
โข ๐ฎ๐ฌ๐ญ๐ต: Launched FTX. It grew insanely fast once the bull market hit and quickly became one of the biggest exchanges.
โข ๐ฎ๐ฌ๐ฎ๐ญ: Peak era for him. FTX was valued in the billions, he was one of the youngest billionaires around, donating a lot of money and talking about effective altruism.
โข ๐ฎ๐ฌ๐ฎ๐ฎ:โจ>>This is when he put roughly $500M into Anthropic through FTX/Alameda. At the time it was around a 13% stake (later got diluted closer to 8%).
โจ>>Then in November everything fell apart. CoinDesk posted that Alameda balance sheet, withdrawals started, the Binance deal collapsed, and FTX filed for bankruptcy. Customer funds shortfall was around $8 billion.
โข ๐ฎ๐ฌ๐ฎ๐ฏ: Got arrested in the Bahamas, extradited, and went to trial in New York. Jury found him guilty on all seven counts.
โข ๐ฎ๐ฌ๐ฎ๐ฐ: Sentenced to 25 years and ordered to forfeit about $11 billion. Same year the bankruptcy estate sold most of the Anthropic stake for around $1.3 billion to pay creditors.
โข ๐ฎ๐ฌ๐ฎ๐ฑโ๐ฎ๐ฌ๐ฎ๐ฒ: Anthropicโs valuation has gone crazy (hundreds of billions, with people talking about a $1T+ IPO). That old ~8% stake would be worth well over $100 billion on paper right now. Heโs still in prison, earliest release is around 2043.
REX ๐ด retweeted
elysium mainnet is 11 days away and 90% of ct can't name 5 projects on it
hyperliquid's L2 by @Kinetiq_xyz goes live nov 9, HYPE as gas
ppl are posting 100+ tag dumps. i checked every handle below actually exists + posts about elysium
44 picks. no filler
what i'm watching first
1. @fomo = elysium's exclusive trading partner, live day one
2. @Pumpfun app supports elysium from day 0, trading starts nov 9
3. @AscendLaunch says it'll be integrated day 1 on fomo
that's where week 1 volume goes ngl
1. LAUNCHPADS
> @AscendLaunch - the big one, fomo day 1
> @kilnpad - bonding curves, building on testnet w/ goldsky
> @ElysiumPump - launchpad + P2P OTC for HYPE between elysium & hyperevm
> @Boxa_Elysium - DEX + launchpad
> @oxleydotfun - deal markets
> @Bunnypadfun - fair launches
> @ChainzyLabs - terminal + V3 liquidity + launchpad
> @Neuriio - socialfi launchpad
> @MontraXYZ - community launchpad
> @CorePad_hl - HyperCore curve launches
> @SignalFam - curve launches*
2. DEX / TRADING / DEFI
> @NestExchange - ve(3,3) metaDEX
> @HybraFinance - liquidity layer*
> @HyperFlow_fun - swap aggregator
> @KyberNetwork + @matchametaxyz - "day 1" swaps/aggregation
> @Elypact - OTC
> @Pantheonindex - index of ascend coins
3. PERPS / PREDICTIONS
> @Pindar_finance - fixed vs floating funding rates
> @hyperflip_xyz - HIP-4 combo predictions
> @aegis_hedge - liquidation hedging
> @TemporalFinance - options on perps
> @LiquidictionHL - HIP-4 prediction markets*
4. NFTs
> @kalosfun - NFT marketplace + DEX, the main spot rn
> @AtlasHL - NFT marketplace
> @ElysianFieldNFT - garden plots, site relaunching
> @PunksOnElysium - onchain punks
> @lutra_hl - otters that react to your HL trades
> @ElysiumOrbit - onchain worlds
5. MEMES
> @BlobOnElysium - $BLOB, says it built the first 0% fee bridge
> @Elysium_Cat - cat meme
memes on a new chain = 99% die in week 1. burner only fr
6. GAMES
> @eloscapeHQ - mining game
> @Hyperion_RPG - action RPG w/ NFTs
> @archuntx - onchain card game, hunter cards on testnet
> @Frogflipxyz - coin flip + crash
7. TOOLS / INFRA
> @goldskyio - testnet indexing live
> @DwellirOfficial - testnet RPC + archive nodes
> @Alchemy - RPC
> @liquidterminal - live elysium activity dashboard
> @ElysiumEco - ecosystem hub + tracker
> @arbitrum (orbit) + @conduitxyz (sequencer)*
rules before nov 9:
> verify every CA from official accts
> burner wallet
> bridging out can take ~5-6 days per teams, size accordingly
> = no elysium post found from them yet / announced only
NFA. DYOR
bookmark this.
which one 10x's your bag first?
REX ๐ด retweeted
๐ฃ๐ฟ๐ฒ๐ฑ๐ถ๐ฐ๐.๐ณ๐๐ป ๐ฆ๐ฒ๐ฎ๐๐ผ๐ป ๐ญ ๐๐ถ๐ฟ๐ฑ๐ฟ๐ผ๐ฝ ๐ถ๐ ๐น๐ถ๐๐ฒ ๐ฏ๐๐ ๐๐ต๐ฒ ๐๐ฒ๐ฟ๐บ๐ ๐ณ๐ฒ๐ฒ๐น ๐ฟ๐ผ๐๐ด๐ต ๐ณ๐ผ๐ฟ ๐๐๐ฒ๐ฟ๐ ๐๐ต๐ผ ๐๐ฝ๐ฒ๐ป๐ ๐๐ถ๐บ๐ฒ ๐๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ณ๐ฎ๐ฟ๐บ๐ถ๐ป๐ด ๐ฝ๐ผ๐ถ๐ป๐๐.
โข 70M $PREDICT tokens (7% of total supply) allocated to the airdrop โ only two options available.
โข Claim just 35% instantly or lock the full 100% with a hard 12-month cliff โ no gradual vesting.(speculative)
โข Binance pre-market prices it around $1.6B FDV โ strong number, but the long lock still feels harsh after the effort put in.
๐ฃ๐ฟ๐ฒ๐ฑ๐ถ๐ฐ๐.๐ณ๐๐ป ๐ฆ๐ฒ๐ฎ๐๐ผ๐ป ๐ญ ๐๐ถ๐ฟ๐ฑ๐ฟ๐ผ๐ฝ ๐ถ๐ ๐น๐ถ๐๐ฒ ๐ฏ๐๐ ๐๐ต๐ฒ ๐๐ฒ๐ฟ๐บ๐ ๐ณ๐ฒ๐ฒ๐น ๐ฟ๐ผ๐๐ด๐ต ๐ณ๐ผ๐ฟ ๐๐๐ฒ๐ฟ๐ ๐๐ต๐ผ ๐๐ฝ๐ฒ๐ป๐ ๐๐ถ๐บ๐ฒ ๐๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ณ๐ฎ๐ฟ๐บ๐ถ๐ป๐ด ๐ฝ๐ผ๐ถ๐ป๐๐.
โข 70M $PREDICT tokens (7% of total supply) allocated to the airdrop โ only two options available.
โข Claim just 35% instantly or lock the full 100% with a hard 12-month cliff โ no gradual vesting.(speculative)
โข Binance pre-market prices it around $1.6B FDV โ strong number, but the long lock still feels harsh after the effort put in.
REX ๐ด retweeted
One thing that makes @fomopoly_rh interesting is that timing your entry could be a strategy of its own. ๐
players can grab virtual land, earn $DEAL and stock-linked rewards, while land prices are expected to increase as the game progresses.
that means getting in early might make a real difference.
thereโs also a plan to give away some plots for free, which could open the door for more players to join the game.
now the big question is:
are you buying land early or waiting on the sidelines for the right moment? ๐ค
keeping an eye on this one through @rarelistio.
letโs see how this land game plays out.
Hey there,
@fomopoly_rh is bringing a new gaming experience to the Robinhood chain.
Buy and sell land plots, generate stocks and explore the role of $DEAL in a game driven by FOMO and competition.
The idea of combining onchain ownership with strategy makes Fomopoly worth watching. Also following its campaign on @Rarelist to see how far this ecosystem can go.
Airdrop checker just went live for @axisrobotics
got 442.28 $AXIS (240.14 available at TGE)
letโs see if this ends up being decent
check yours: airdrop.axis-robotic.ai
Back after 5โ6 months of being inactive.
It was a long break, but Iโm finally back.
From now on Iโll be active every single day.
No more disappearing for months.
Letโs make this comeback count.
Iโm here to stay this time.
๐ค Made with AI
REX ๐ด retweeted
Good Morning Everyone
A new month, a fresh beginning, and new opportunities waiting ahead.
May this month bring new possibilities, good moments, and more reasons to keep moving forward.
Wishing everyone a beautiful start to the new month.
