Judd Legum

Judd Legum @JuddLegum

10. There are now serious questions about the source of the money Bankman-Fried used to make these donations. DNC, DCCC, and DSCC all accepted 6-figures and will face pressure to return or donate those funds https://t.co/oMYxLkyBW2 — PolitiTweet.org

Judd Legum @JuddLegum

9. SBF claimed his interest was in "pandemic preparedness," but his Super PAC also donated to committees supporting right-wing politicians that are friendly to crypto — including Senator-elect Katie Britt (R-AL) https://t.co/oMYxLkh14u — PolitiTweet.org

Judd Legum @JuddLegum

8. SBF also successfully bought influence in DC, particularly among Democrats. He pledged to spend $1 billion to help Dems. He ended up only spending $40 million, but that still made him the top spender https://t.co/oMYxLkh14u — PolitiTweet.org

Judd Legum @JuddLegum

7. The people left holding the bag are retail investors who were told by people they trust that this was safe. Some invested their life savings and may never see any of it https://t.co/oMYxLkyBW2 — PolitiTweet.org

Judd Legum @JuddLegum

@sequoia 6. @kevinolearytv said that FTX met his "own rigorous standards of compliance" It's unclear what O'Leary was talking about. But O'Leary, the other celeb endorsers, and VC firms will be fine https://t.co/oMYxLkh14u https://t.co/7lDuESvV8L — PolitiTweet.org

Judd Legum @JuddLegum

5. The money invested by @sequoia and others allowed SBF to put an FTX patch on every MLB umpire and sign up celebrity endorsers like Steph Curry, Tom Brady, Shaq, and Kevin O'Leary The message of all these ads is that FTX was safe, for everyone https://t.co/oMYxLkhyU2 — PolitiTweet.org

Judd Legum @JuddLegum

4. The top venture capital firms in the world, including @sequoia in FTX without requiring it to have basic governance. Why? @sequoia was really enthused about SBF's vision of a crypto app where you can also buy a banana. I wish I was joking https://t.co/oMYxLkh14u https://t.co/SiTYoye1Vk — PolitiTweet.org

Judd Legum @JuddLegum

@TheRudyRusso @FTX_Official @SBF_FTX Soros only spent $15 million of that $128 million. — PolitiTweet.org

Judd Legum @JuddLegum

3. How could FTX mishandle BILLIONS in customer deposits without someone sounding the alarm? FTX DID NOT HAVE A REAL BOARD OF DIRECTORS The board was SBF, an FTX employee, and a lawyer from Antigua that specializes in online gambling https://t.co/oMYxLkhyU2 — PolitiTweet.org

Judd Legum @JuddLegum

@FTX_Official @SBF_FTX 2. @FTX_Official sent billions in customer assets to @SBF_FTX's trading outfit, Alameda Research. Alameda then used those assets to make a lot of risky crypto bets @SBF_FTX says this happened by "accident" WTF? https://t.co/oMYxLkh14u — PolitiTweet.org

Judd Legum @JuddLegum

1. @FTX_Official has collapsed and retail investors likely have lost billions in deposits. @SBF_FTX didn't do this alone. He had a throng of enablers. https://t.co/oMYxLkhyU2 — PolitiTweet.org

Judd Legum @JuddLegum

On second thought, maybe currencies should be centralized? — PolitiTweet.org

Judd Legum @JuddLegum

This guy gets paid millions to divine public opinion — PolitiTweet.org

Judd Legum @JuddLegum

QB @trevorlawrencee called FTX "safe and easy" https://t.co/qqhkW6j5fY — PolitiTweet.org

Judd Legum @JuddLegum

Mr. Wonderful @kevinolearytv endorsed FTX and said that it met his "rigorous standards of compliance." He hasn't addressed FTX's downfall but he quietly deleted this tweet https://t.co/rdE4iSJ5mI — PolitiTweet.org

Judd Legum @JuddLegum

People look up to and seek to emulate great athletes. Athletes have a responsibility not to abuse that relationship. https://t.co/chWhmHOksK — PolitiTweet.org

Judd Legum @JuddLegum

Tom Brady is a good football player but is not qualified to endorse a crypto currency exchange https://t.co/ndUAoXQFpW — PolitiTweet.org

Judd Legum @JuddLegum

Shaq was involved in this too. People got scammed. https://t.co/rW7kUagNTG — PolitiTweet.org

Judd Legum @JuddLegum

I'm a huge Steph Curry fan, but celebrities should not be endorsing speculative investments that they don't understand. — PolitiTweet.org

Judd Legum @JuddLegum

Remarkable how many "genius billionaires" turn out to be frauds: Elizabeth Holmes (Theranos) Adam Neumann (WeWork) Sam Bankman-Fried (FTX) — PolitiTweet.org

Judd Legum @JuddLegum

"The entire $16 billion fortune of FTX co-founder Sam Bankman-Fried has now been wiped out, one of history’s greatest-ever destructions of wealth." https://t.co/2pwj0KGpNV — PolitiTweet.org

Judd Legum @JuddLegum

This did not age well. — PolitiTweet.org

Judd Legum @JuddLegum

@steve_dondley I took it myself. — PolitiTweet.org

Judd Legum @JuddLegum

In just a few days, Musk has made Twitter a complete dumpster fire. This Tweet from a "verified" account (which are no longer actually verified in any way) has been up since yesterday afternoon. https://t.co/BWgqHl5WWt — PolitiTweet.org

Judd Legum @JuddLegum

RT @JuddLegum: I honestly don't know if Twitter is going to survive. Right now, things aren't looking good. To stay plugged into my repo… — PolitiTweet.org

Judd Legum @JuddLegum

RT @ericgeller: "The political media has substituted polling analysis, which is something only people managing campaigns really need, for s… — PolitiTweet.org

Judd Legum @JuddLegum

Musk off to a great start with advertisers — PolitiTweet.org

Judd Legum @JuddLegum

@bartongellman I’m using an automated system. Not that — something else I read about. It is a risk but I think posting to both takes too much time so I decided to do it — PolitiTweet.org

Judd Legum @JuddLegum

RT @NiemanLab: “Prediction-based coverage comes at a high cost because it crowds out the coverage that voters actually need." https://t.co/… — PolitiTweet.org

Judd Legum @JuddLegum

Things are not good on Twitter. https://t.co/3D5R0kMZ7M — PolitiTweet.org