Sam Bankman-Fried: full-on psychopathy tweets

Psychopathy is a complete lack of empathy and a non-existent emotional intelligence

(TiN) - Sam Bankman-Fried’s latest tweets would drive many sick to the stomach. In this psychological analysis we will show how the CEO of FTX and Alameda Research, displays strong traits of psychopathy.

In his latest tweets SBF is either making fun of his victims from whom he stole $10 billion, over-confident in his ability to stay out of prison in spite of his blatant crimes, unable to fein remorse of empathy, or all of the above.

All of these are strong traits of psychopathy along with extreme risk-taking and a feeling of superiority and justification as well as being more clever than anyone else and thus able to avoid consequences such as punishment.

Background

Before we pass comments on his latest string of tweets, a quick summary of psychopathy: this was at first defined as “moral insanity” by the church in Europe some 100 years ago, then called psychopathy by the medical profession. Later, due to misunderstandings of the word because due to media and film industry in the popular mind, which gained a widespread misconception that psychopaths are mass murderers: mass murderers are almost always psychopaths but not all psychopaths commit overt murder, not for any moral compunction, but because they realize that getting caught would land them in jail, where they won’t have any victims to manipulate.

Therefore another word came to be used among psychologists: sociopathy. Later again these were often watered down as “extreme narcissists”. However, a true psychopath has a brain which on being scanned shows an abnormally small size in the emotional part. Like others they can be intelligent or stupid but they absolutely lack normal emotions, are unable to truly love or feel the real range of human emotions. From an early age they learn to hide this as much as possible by feigning emotion so as not to be reviled by their peers, and they go on to use the lack of emotion in their favor, unrestricted by any moral compunctions or conscience whatsoever, in adult life, where they often become leaders in business, government and organizations due to their strong manipulative abilities to lie and deceive.

This writer also contends that those born today are more likely to be psychopaths, statistically speaking, as they grow up in a world lacking in human contact, parental love and normal natural environments, often engrossed in technology at every non-sleeping moment, from mobile smart-phones to computers. Thus, those who are working on technology such as blockchains and cryptocurrency are more often than not, emotionally unbalanced and lacking in empathy toward others.

Sam Bankman-Fried: Tweet Commentary

Now, back to Sam Bankman-Fried, who is a World Economic Forum protégé and his FTX a World Economic Forum (WEF) organization.

SBF, FTX, WEF: CEX Scams of the Highest Order

His latest series of Tweets, which may surprise readers that he is still free and not being held in a prison — or not, given his WEF and SEC connections as well as friends in Washington and the media — are shown below.

You really could not make this up, the incredible contempt shown, is hard to believe unless psychopathy is fully understood. It is not an attempt at humor: it is evident that after being caught having stolen $10 billion in FTX user assets on the exchange that were not to be touched, it would not be the right time to crack a 23-tweet long joke. Nor is he Elon Musk sitting pretty.

One cannot rule out the influence of drugs as he may be seeking to cope with his situation, but whatever, let us dive in…

SBF @SBF_FTX

1) What

That’s right: Twitter allows 280 characters, and he chooses the maximum level of flippancy, just as a spoilt brat teen lacking in any empathy would do when flooding tens of thousands of mobile phones, in this case up to a million, with repeated messages instead of thoughtfully and respectfully combining them into one, to minimize disruption to the audience.

It gets worse:

SBF @SBF_FTX

2) H

SBF @SBF_FTX

3) A

SBF @SBF_FTX

4) P

SBF @SBF_FTX

5) P

SBF @SBF_FTX

6) E

SBF @SBF_FTX

7) N

SBF @SBF_FTX

8) E

SBF @SBF_FTX

9) D

So, literally: What HAPPENED.

He spread these 9 tweets out over more than 24 hours.

He chose to buy more than 24 hours time, keeping everyone in suspense, presumably, hoping to create maximum effect and traction, for whatever he would eventually say, and keeping his followers guessing:

Is he incapacitated? Is he sending a code message?

The arrogance is beyond belief: he literally feels that he can command his audience of 1 million and his many victims and drag things out another day to buy more time to try to make some justifications, when there clearly are none.

He was finally ready at 5:29am (UTC) on November 15 as he completed the last two letters “ED” at once and then straight into his message… this shows that he was indeed buying time until he was ready, rather than staying silent.

SBF @SBF_FTX

10) [NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY IN PARTS.]

He had already in previous tweets displayed this complete amateurish attempt to avoid legal liabilities by making claims regarding his memory, as an arrested suspect under interrogation often does. Who would he be giving legal advice to? As we can see, this is his legal advice to himself, nothing more.

SBF @SBF_FTX

11) I'll get to what happened. But for now, let's talk about where we are today.

Yes Sam, let’s. Only, we know it isn’t about telling your victims where “we” are today, it is about you attempting to look “in control” (EXTREMELY important to psychopaths) even when you are not, the cat is completely out of the bag.

SBF @SBF_FTX

12) To the best of my knowledge, as of post-11/7, with the potential for errors: a) Alameda had more assets than liabilities M2M (but not liquid!) b) Alameda had margin position on FTX Intl c) FTX US had enough to repay all customers Not everyone necessarily agrees with this

If you say so Sam, obviously no one will believe anything you say, carry on:

SBF @SBF_FTX

13) My goal—my one goal—is to do right by customers. I’m contributing what I can to doing so. I’m meeting in-person with regulators and working with the teams to do what we can for customers. And after that, investors. But first, customers.

Your one goal? Staying out of jail isn’t a goal? Previous attempts to fake sympathy with his victims over his Twitter feed didn’t pan out at all well, and were widely called out with clear evidence as to why. Here he says “customers” (which are many!) come in front of investors (which are fewer, and more likely to have skeletons in their cupboards that he is aware of, and thus not so much a threat to him (as with politicians, media and his WEF sponsors)…

SBF @SBF_FTX

14) My goal: a) Clean up and focus on transparency b) Make customers whole

This would be truly comical, but it is actually sad how psychopaths absolutely lack perspective. A clear test to give a psychopath is to suddenly ask them to list what are the most important priorities in their life, from 1 to 10. They will absolutely try to get out of the test, unless they are highly intelligent they will make a total mess of it and will quickly become enraged, as the one thing psychopaths absolutely hate and makes them explode with rage, is losing control. They always have to be in control of their victims.

“Clean up” isn’t something that SBF will get to do, ever. This is out of his hands. Trying to be relevant “I’m helping those who are cleaning up” and “focus on transparency” — really? Focus on that? Again, others will do that and this is not in SBF’s hands anymore. But the b) part:

Make customers whole.

This is the absolute pinnacle of arrogance and ignorance of an incompetent psychopath. SBF has the powers, Glory be to Him, to MAKE PEOPLE WHOLE.

SBF @SBF_FTX

15) A few weeks ago, FTX was handling ~$10b/day of volume and billions of transfers. But there was too much leverage--more than I realized. A run on the bank and market crash exhausted liquidity. So what can I try to do? Raise liquidity, make customers whole, and restart.

Again, as if it could not get any worse, psychopaths will always surprise you. What can I do? He repeats: MAKE CUSTOMERS WHOLE.

By the way, he learned from his previous twitter blasts which were called out as being so insincere and talking about his “users” — like all psychopaths, once they realize (as they are incapable of realizing IN ADVANCE due to lack of emotional intelligence) that the masses have faulted them, they quickly adjust to adopt the new word that is recommended to them, in this case: customers. SO, I’ll make customers WHOLE again, I’m God, only I can do that, OK, only God can do that, but I’m better than God right? I’m SBF!

“And RESTART” — yes: never mind, forget the past, it doesn’t matter. Just put me back in charge and I will restart everything for you, make you WHOLE, and remember what I said: “A few weeks ago FTX was making $10 billion a DAY — so the $10 billion I stole? Come on guys, it’ll only take me a day to make it back and give it back to you, PLUS the $10 billion I promised I’d give to charity if you all just let me…

I’ll give to fight global warming, Donald Trump, the Republicans, sexism, assist with LGBT-Q campaigns, crypto freedom, Ukraine, everything! I, SBF will know EXACTLY all the right “charities” to spend (your) $10 billion on… and my sponsor Karl Schwab head of WEF and all major corporations and governments in the world, will tell me, if I don’t know!

But wait, I’ll need to cover my ass in case I fail, so let me tweet this next:

SBF @SBF_FTX

16) Maybe I'll fail. Maybe I won't get anything more for customers than what's already there. I've certainly failed before. You all know that now, all too well. But all I can do is to try. I've failed enough for the month. And part of me thinks I might get somewhere.

No Sam, we really did not know that you had failed before, when was that?

You’ve failed enough FOR THE MONTH?!!! Not a a lifetime, no, not several life times, no, not a failure of epic proportions that only a reckless psychopath could achieve, just ONE failure and only ONE month!

I won’t be able to fail twice in the same month, believe TRUST me!!!

But, ALL I CAN DO IS TRY, guys, I can only try, right? And a part of me actually thinks I might get somewhere.

Seriously, you cannot make this stuff up. Let’s share that tweet again to make sure we did not misunderstand anything:

SBF @SBF_FTX

16) Maybe I'll fail. Maybe I won't get anything more for customers than what's already there. I've certainly failed before. You all know that now, all too well. But all I can do is to try. I've failed enough for the month. And part of me thinks I might get somewhere.

Now, let me throw some sand in the eyes of the stupid masses, by throwing some figures in the billions around. And, we all know, 1 billion is only ONE billion, it is not one thousand million, it is not one thousand thousand thousand, it is not 1,000,000,000 — try counting from one to one thousand million (one billion), you’ll be counting all your life! But, let’s count to SIX billion, easy, no biggie, here we go: One billion, two billion, three billion, four billion, five billion, six billion.

See how small six billion really is, compared to 6,000,000,000 times one dollar, or 6 thousand dollars one thousand times that and another one thousand times that? So, SBF can throw these numbers like is is NOTHING:

SBF @SBF_FTX

17) I know you've all seen this, but here's where things stand today, roughly speaking. [LOTS OF CAVEATS, ETC.] Liquid: -$8b Semi: +$5.5b Illiquid: +$3.5b And yeah, maybe that $9b illiquid M2M isn't worth $9b (+$1b net). OTOH--a month ago it was worth $18b; +$10b net. ---

3.5, 8, 10, 18 billion, what’s the difference? It’s just 18, that’s all… no biggie…

SBF @SBF_FTX

18) Truth and Beauty

It’s something psychopaths do all the time to throw confusion on their victims. Neutralize the threat by coming out of the blue with a meaningless statement, completely off topic, throw it in there, while looking all normal, important, in control and invincible.

Of course, we’ll never know if it meant anything when he said it, it’s just random words that non-psychopaths love, so let me throw it in there!

Never mind that psychopaths will never know the meaning of Truth other than that is a stupid concept that only non-psychopaths care about.

Never mind that psychopaths really don’t know what is beautiful and what is not because they could not care less! Psychopaths will happily marry the ugliest person on the planet just to get their money. They’re not put off.

And to anyone reading who was married to a psychopath: this does NOT mean that you are ugly. Your looks may have nothing to do with it at all, the point is, psychopaths don’t care, they will use you either way. They’re UGLY.

Now that I’ve thrown them off into confusion with Truth and Beauty, let me lull them to sleep with a fairy tale! All kids love fairy tales! Let me read them a bed time story! Sleeping Beauty! Once upon a time, long ago….

SBF @SBF_FTX

19) Once upon a time--a month ago--FTX was a valuable enterprise. FTX had ~$10-15b of daily volume, and roughly $1b of annual revenue. $40b of equity value. And we were held as paragons of running an effective company.

we were held as paragons by the World Economic Forum slave masters as an effective company at duping the masses and playing with their wealth.

And not only that, talking of BEAUTY, there’s no one more beautiful than I, SBF, the 3-letter hero of all, and more importantly, REVERED BY ALL:

SBF @SBF_FTX

20) I was on the cover of every magazine, and FTX was the darling of Silicon Valley. We got overconfident and careless.

Yes, I have to slip that bit in there, I’m revered by all, a beauty to behold, the sexiest darling boy with silicon implants, valley, but WE got overconfident, that is, FTX and Alameda, and you the schmucks who put your funds into my our exchange, not ME personally!!! We got overconfident, and careless.

SBF @SBF_FTX

21) And problems were brewing. Larger than I realized. [AGAIN THESE NUMBERS ARE APPROXIMATE, TO THE BEST OF MY KNOWLEDGE, ETC.] Leverage built up-- ~$5b of leverage, backed by ~$20b of assets which were.... Well, they had value. FTT had value, in EV! But they had risk.

Larger than *I* (not we, because when it comes to intelligence, it is me, the great one, not WE!) — larger than I realized — and look, here a few more billions to throw out there, all approximate of course, and to the “best of my knowledge” — ETC!!!

5 billion… 20 billion… see? Just a few billion between them. Everything has value, and RISK!!! See? You KNOW you are risking it when you deal in crypto, so it doesn’t matter that we gave legal commitments that we do not touch deposits or stole your money, it is all a RISK, your risk and MY risk!

Look guys: YOU risked putting your money into FTX, right? But think about poor me! Don’t you realize how much I risked borrowing that money for a greater cause, so I could get richer faster and some day donate $10 billion?!

This pure intention alone will keep me out of jail, not to mention my friends!

SBF @SBF_FTX

22) And that risk was correlated--with the other collateral, and with the platform. And then the crash came. In a few day period, there was a historic crash--over 50% in most correlated assets, with no bid side liquidity. And at the same time there was a run on the bank.

Collerated, correlated, collateral… what does it matter… crash! Crash is what is important here, the damn thing crashed! It was historic! Never has there been a greater crash! So let’s make FTX Great Again!

50% collateral damage, what’s a few million victims, none of them U.S. citizens? Come on guys, we have collateral damage all over the world! Or correlated assets, whats the difference? And, LIQUIDITY!

Bid side liquidity!

In other words, the specific deviations latent in the inherit output of heat capacity vectors permeating the convex liquid membranes incorporated within the variations of output oscillations caused a run on the bank!

Or insert any other cool looking words here, what is important is:

A RUN ON THE BANK!

And who caused that run on the bank? Not me, but YOU fools who suddenly wanted to withdraw your money, which was now my money, as it was sitting in FTX — how was I to know that you’d suddenly all want to withdraw it?!

I’m not God! I’m SBX! Sorry, i mean FSB…. SBF of FTX… I’m just a human! Of course, yes, the most revered in silicon valley, a company loved by all, my face all over the magazines, my friends in media and high places, but I’m human!

And don’t forget I took that risk, small as it was, that you’d notice. In fact, I played it safe! I did not take any risk as I knew you would not notice. But that backstabber CZ, he set off this run on the bank with his tweets! Blame him!

Yes, it was bad:

SBF @SBF_FTX

23) Roughly 25% of customer assets were withdrawn each day--$4b. As it turned out, I was wrong: leverage wasn't ~$5b, it was ~$13b. $13b leverage, total run on the bank, total collapse in asset value, all at once. Which is why you don't want that leverage. ---

Remember, 5, 20, 13, its just a few billion… leverage, you don’t want that!

SBF @SBF_FTX

24) Shrapnel

Now let’s move from truth and beauty… to shrapnel!

Shrapnel is what causes collateral damage! I was aiming at the damn terrorists! The children were collateral damage damn it, caused by a run on the bank, due to leverage, and me taking a tiny risk, but it was the leverage!!!

So let me get you comfortable again, let me tell you another story, this time in front of the fireplace, feeling warm and fuzzy now that I threw out that

? ready? last night, a friend…

SBF @SBF_FTX

25) Last night I talked to a friend of mine. They published my messages. Those were not intended to be public, but I guess they are now.

Look guys, seriously, my friend messages me and asks if I have processed the magnitude of what just happened — the 10 billions or 20 billions or whatever it was that I stole borrowed lost wasn’t aware of…

Seriously he asked me if I’ve processed the MAGNITUDE of that?! And this friend of mine is all stressed about it, what a stupid idiot, not me, I’m cool!

Let me show him just how cool I am, here’s my answer:

https://asofterworld.com

And this friend of mine actually shared my response to the world, it wasn’t intended to be public how I feel about it all, but I GUESS it is now…

All I was trying to do of course, was give it all some COLOR:

SBF @SBF_FTX

26) Well, that gives some color, I guess. It sucks. I'm really sorry that things ended up as they did. And as I said--I'm going to do everything I can to make it more right.

It sucks. I’m sorry. I’m going to make it MORE right than it already is.

Yeah. Let me throw a few thoughts, my pearls of wisdom, out there now…

SBF @SBF_FTX

27) A few thoughts: a) It's *really* hard to be a regulator. They have an impossible job: to regulate entire industries that grow faster than their mandate allows them to. And so often they end up mostly unable to police as well as they ideally would.

Maybe it wasn’t your fault for running on the bank or to or from the bank. Maybe it wasn’t my fault for taking the small risk to borrow all your money. I mean, how was I to know that CZ of Binance would sell some of my tokens and tweet about it? No… look guys, maybe it isn’t our fault at all!

Maybe it is the polices fault! They don’t have enough officers and guns to police me, if they had, I wouldn’t have done it guys. Really, I wouldn’t! But you see, they don’t, and I really know I can get away with this, so like I said, it was just one crash in one month, yes the most historic and epic crash of all time but only because it’s me, and I can fix it, I will make you all WHOLE again!

I can still go to Washington and show them how to prevent such things happening again, and I’ll get back at Binance, as he did not help me for the good of the egosystem ecosystem, I really think I can pull this off: let’s put things back the way they were, and make FTX the showpiece of all crypto and with tight regulation from Washington DC so that the money can continue to flow through me via Hunter’s laptop, minus a little for sex and drugs, and on into Joe’s coffin coffers, and on to Mr Putensky Zutenski Zelenski of Turkey!

SBF @SBF_FTX

28) Even so, there are regulators who have deeply impressed me with their knowledge and thoughtfulness. The CFTC has; the SCB, and VARA, too. And others, scattered. But most are overwhelmed.

Me, SBF, impressed! But most are overwhelmed. Let me help them. So it won’t be my ONLY focus after all, and not my ONLY mission to make you whole again and to do the right thing for customers first, and investors last, I’ve a better idea: let me help the poor overwhelmed regulators! That’ll then earn me lots of brownie points, so I can get back in charge and make it back again!

We all then win: I show how impressed I am, you show how trusting you are, and they show how knowledgable and thoughtful they are, we all win! And I will put up with all the FRUSTRATION of interacting with regulatory authorities! And all that huge work that entails. And customer protection. Actually, no, FUCK THAT… that’s going a little far, forget customer protection. You need to be managed by the regulators, not me, and given a little freedom.

SBF @SBF_FTX

29) Which means that interacting with regulatory structures can be really frustrating: a *huge* amount of work--much of it arbitrary--and relatively little customer protection. Fuck that. You all deserve frameworks that let regulators protect customers while allowing freedom.

SBF, can you dial back a little? I think you’re message is not going down well. Tone it down a little can you?

OK, OK…

SBF @SBF_FTX

30) (Some of what I said was thoughtless or overly strong--I was venting and not intending that to be public. I guess at this point what I write leaks anyway.)

Yes man, it sure does leak, it leaks, it reeks… look you just posted all that on Twitter… and some psychological analysts might get hold of it… damn… we hear that TON info News is dissecting it as we speak, yeh, it leaked, for sure…

Did you think you were writing on your offline PC? Are you taking something?

What? Me? What do you think man! And now I seriously DON’T GIVE A FUCK!

SBF @SBF_FTX

31) And in the future, I'm going to care less about the dumb, contentless, "good actor" framework. What matters is what you do--is *actually* doing good or bad, not just *talking* about doing good or *using ESG language*.

See, I’m an intellectual genius. Let me explain to you what ESG language is. And yeh, all that matters is DOING good OR BAD, not just TALKING shit!

ESG language is throwing out nice buzzwords: Ecosystem! Ecosystem man!

Nah… too hard man… this is going nowhere, let me finish this tweeting now:

SBF @SBF_FTX

32) Anyway -- none of that matters now. What matters is doing the best I can. And doing everything I can for FTX's customers.

The End

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