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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "Sam Bankman-Fried Charged by SEC With Defrauding Investors" video.
They want to shut him and for this story to go away - that is why he has been arrested.
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@lambertois11 If he keeps talking about tokenized securities being used as locates many large players unravel, we enter a crack up boom of sorts and banks will be put as risk as their largest and most criminal wholesale clients implode. Look at the UVXY suppression - the VIX was fixed - but the UVXY is a nightmare, not to mention the meme baskets that were oversold multiples of the outstanding. FTX is modern market making, there is no collateral - its ephemeral and transitory - why do you think so many funds last year made withdrawal damn near impossible. Primes and market maker balance sheets tell the story - among the largest players there is well over one trillion in assets sold, not yet purchased - if that daisy chain is set off, that number would 10x quickly as prices would skyrocket.
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