{"id":37084,"date":"2023-02-06T09:27:53","date_gmt":"2023-02-06T09:27:53","guid":{"rendered":"https:\/\/lydian.io\/?p=37084"},"modified":"2023-02-06T09:27:54","modified_gmt":"2023-02-06T09:27:54","slug":"unethical-and-illegal-from-the-start","status":"publish","type":"post","link":"https:\/\/lydian.io\/unethical-and-illegal-from-the-start\/","title":{"rendered":"\u201cUnethical and illegal from the start\u201d","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
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In a current interview<\/a> MicroStrategy government chairman and main Bitcoin (BTC) bull Michael Saylor shared his tackle the demise of the FTX empire.<\/p>\n Saylor stated that for years there was a low-level \u201csimmering guerrilla struggle\u201d between the BTC group versus the crypto group over trade practices like what he repeatedly calls \u201cshitcoinery.\u201d<\/p>\n From Saylor's perspective, Sam Bankman-Fried was \"the poster little one\" of the latter.<\/p>\n \u201cIt's ethically questionable to have the ability to difficulty your individual unregistered safety. Sam and most of the people within the crypto world have all the time been responsible of the shit coin sin.\u201d <\/p>\n He attributes such conduct to his notion of the inherent issues of the crypto group, specifically greed, conceitedness and stupidity. <\/p>\n From there, Saylor rambled into what he calls \"the diabolical twist\" within the FTX story that led to SBF producing billions of air tokens and issuing itself billion-dollar loans from person funds. <\/p>\n