Michael Smerconish discusses my case and Supreme Court appeal. Judge Kaplan allowed the government to (falsely) claim over $10 billion of depositor losses -- and prohibited me from responding. youtube.com/watch?v=iwGBoedI…
S&P 500 hit another ATH yesterday: 7,365
+22.8% since @realDonaldTrump's second inauguration.
How about same point in Biden’s term?
+7.0%
SBF retweeted
Had @SBF_FTX not been arrested and FTX holdings liquidated, he would probably have been the richest man in the world. Sad
Before FTX collapsed, SBF built a venture portfolio packed with winners—from AI to fintech.
Today, those bets could be worth over $100 billion.
Instead, investors—not him—will cash in. forbes.com/sites/ninabambysh… (Photo: Michael M. Santiago/Getty Images)
SBF retweeted
SAM BANKMAN FRIED PICKED EVERY WINNER OF THE 2020s AND HIS LAWYERS SOLD THEM ALL AT THE BOTTOM.
If the FTX estate hadn't panic-sold its assets during bankruptcy, SBF would be sitting on a $114 billion empire today. Instead, he is watching the greatest trades of the decade from a prison cell.
The data is almost impossible to believe:
- Anthropic: $82.3 billion (165x) SBF bought an 8% stake for $500M. The estate sold it for $1.3B in 2024. Today, that stake would be worth over $80B.
- SpaceX:$15 billion (75x) A massive stake liquidated early to pay creditors.
- Solana: $5.1 billion (27x) SBF was an early backer at $8. The estate offloaded a massive chunk at $64.
- Robinhood: $4.9 billion (8x)
- Genesis Digital: $3.5 billion (3x)
The Latest "Missed" Fortune: CURSOR
In 2022, Alameda Research wrote a tiny $200,000 check for a 5% stake in the AI startup Cursor. In April 2023, the bankruptcy estate sold that entire stake back for exactly what they paid: $200,000.
Yesterday, SpaceX announced a deal to buy Cursor for $60 billion.
That "worthless" 5% stake would be worth $3 billion today. That is a 15,000x return that vanished because the lawyers wanted a quick exit.
SBF was a genius at picking generational winners and a criminal at managing their money.
The lawyers recovered $18 billion for users. If they had just held, they would be sitting on $114 billion and the most valuable venture portfolio in history.
S&P 500 hits ATH: 7,174
+19.6% since @realDonaldTrump's second inauguration.
How about same point in Biden’s term?
+8.6%
FTX Debtors: AI is "just... an idea—nothing" so let's sell 8% of Anthropic at a 98% discount
Also FTX Debtors: let's outsource $2k/hour work to AI
And it begins
Sullivan & Cromwell just admitted to a federal judge its court filings contained AI hallucinations
The firm apologized to the federal judge as they had to submit multiple corrections focused around:
• Fictitious Case Names: The filing included names of legal cases that do not exist
• Fabricated Quotes: The document contained direct quotes that were never actually spoken or written
• Non-existent Statutes: The AI incorrectly analyzed or entirely invented provisions within the U.S. Bankruptcy Code
The primary team and secondary review all failed to catch these errors, meanwhile the firm's partners bill $2,000+ per hour
SBF retweeted
If Sam Bankman-Fried's FTX didn't liquidate its investments following its collapse, it would still hold:
• Solana: $5.1 billion (27x)
• SpaceX: $15 billion (75x)
• Cursor: $3 billion (15,000x)
• Robinhood: $4.9 billion (8x)
• Anthropic: $82.3 billion (165x)
• Genesis Digital: $3.5 billion (3x)
Estimated Portfolio Value: $114,000,000,000
SBF retweeted
If Sam Bankman-Fried did nothing illegal, he might have been the best VC in history
What SBF bought vs. what it's worth today:
• Cursor: ~$200K → ~$3B (+1,499,900%)
• Anthropic: ~$499M → $82.3B (+16,400%)
• SpaceX: ~$200M → ~$15B (+7,400%)
• Solana: ~$189M → $5.1B (+2,600%)
• Robinhood: $612.5M → $4.9B (+700%)
• Genesis Digital: $1.17B → $3.5B (+200%)
Had he done nothing wrong, he'd have an estimated worth of $114,000,000,000 today
Instead he's tweeting from Federal Correctional Institution
The nuclear threat is real.
Even the UN and 60 Minutes admit it!
They say Iran has enough uranium, "if you enrich it a little bit more, for 10-11 nuclear bombs."
"They have always claimed... 'We were never pursuing nuclear weapons.' That's a lie."
nitter.gq/i/status/2046241328413…
SBF retweeted
RULING BY THE COURT OF APPEALS FOR THE SECOND CIRCUIT THAT OVERTURNS THE VERDICT AND CONVICTION AND ORDERS JUDGE KEVIN CASTEL TO DISMISS THE CHARGES AGAINST ME.
#innocent #hewillreturn
SBF retweeted
让我来调研一下中文区对于 SBF 的看法，
你希望 @SBF_FTX 被放出来吗？
34%不希望，他就应该在牢里。
66%希望，他罪不至此。
771 votes • Final results