The Govt Chairman of MicroStrategy and distinguished bitcoin bull – Michael Saylor – likened the CEO of FTX – Sam Bankman-Fried – to the infamous Jordan Belfort, also referred to as “The Wolf of Wall Road.”
In his view, SBF “was utilizing stolen cash” and cooperated with corrupt regulators to maintain his enterprise going.
Make a Film About Him
Bitcoin evangelist Michael Saylor believes Bankman-Fried lobbied towards “all the virtues of the business,” together with bitcoin, through the use of counterfeit funds and bribing sure people.
MicroStrategy’s Co-Founder went additional, describing FTX’s CEO as “The Wolf of Wall Road” of the crypto sector. Hollywood ought to give attention to him and produce a movie referred to as “The King of Crypto,” Saylor added:
“I feel this [crypto] crash accelerates regulatory intervention. I imply, in truth, in a way, SBF is just like the Jordan Belfort of the crypto period. As an alternative of ‘The Wolf of Wall Road,’ they’ll make a film referred to as ‘The King of Crypto.’”
Jordan Belfort, a.okay.a “The Wolf of Wall Road,” is a former dealer who pleaded responsible to crimes associated to inventory market manipulation on the finish of final century. His offenses led to a two-year jail sentence, whereas after his launch, he began touring the world working as a motivational speaker.
Belfort acquired extra recognition in 2013 when Leonardo DiCaprio performed the “Wolf of Wall Road” within the eponymous movie directed by Martin Scorsese.
The crypto group is but to see how the state of affairs round Sam Bankman-Fried will evolve.
SBF within the Highlight
The crash of the US-based crypto alternate FTX created a mountain of negativism towards its former CEO.
The world’s richest man Elon Musk was among the many critics, saying he was not left with opinion on SBF after they mentioned the Twitter deal a number of weeks in the past:
“I received a ton of individuals telling he’s received big quantities of cash that he needs to put money into the Twitter deal, and I talked to him for about half an hour, and I do know my bullshit meter was redlining. It was like, this dude is bullshit – that was my impression.”
The previous CEO of Kraken – Jesse Powell – additionally criticized Bankman-Fried, claiming the latter was inking multi-million sports activities offers solely to nurture his ego. SBF was additionally shopping for political favor and donated a big quantity of funds to the Democratic Occasion so he might emerge as a “media darling,” Powell added.
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