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👀 lol #ScottShay (AKA #SignatureBank's theologian in residence, also known for his Gordon Gekko routine) got absolutely rekt on the final day of $SBNY trading. which I guess explains that weird bounce from $70 to $100 in the morning
at least a $3 million loss. @NotChaseColeman
at least a $3 million loss. @NotChaseColeman
@NotChaseColeman oh Scott, your 500,000 shares of $SBNY were an equity allocation of infinite jest.
➤ worth over $150 million at all time high...
➤ $77 million on February 1st...
➤ $50 million on March 9th...
...and now it's a $0.
➤ worth over $150 million at all time high...
➤ $77 million on February 1st...
➤ $50 million on March 9th...
...and now it's a $0.
@NotChaseColeman whoops I read that wrong, I guess the noted theologian only lost $414,000 on the final morning.
gg scott!
gg scott!
🧵1/Ω
Now that #JosephDePaolo has suddenly resigned as CEO of $SBNY under a cloud of money laundering/fraud related smoke (he banked #Binance under a nonexistent Seychelles company which is illegal) here's a recording of an earnings call where he claims to not know who FTX is.
Now that #JosephDePaolo has suddenly resigned as CEO of $SBNY under a cloud of money laundering/fraud related smoke (he banked #Binance under a nonexistent Seychelles company which is illegal) here's a recording of an earnings call where he claims to not know who FTX is.
🧵2/Ω
In the aftermath of the #FTXplosion DePaolo, one of two CEOs of "crypto friendly" banks in the United States, would like you to believe that he has no idea what this "#FTX" thing is.
SBF was easily the most famous dude in finance at that moment and a CUSTOMER AT HIS BANK
In the aftermath of the #FTXplosion DePaolo, one of two CEOs of "crypto friendly" banks in the United States, would like you to believe that he has no idea what this "#FTX" thing is.
SBF was easily the most famous dude in finance at that moment and a CUSTOMER AT HIS BANK
