PLUS: Potential 160 years in prison & $250k bail for Caroline + Gary December 22, 2022 | [Read Online]( GM. This is the Milk Road. The daily newsletter that mixes the latest crypto news with top-tier memes for some sweet, delicious flavor. We're the Arnold Palmer Iced Tea of Crypto. And we're Lite on the calories too. Here's what we got for you today: - FTX execs are snitching on Samuel
- Quick Bites
- Milky Memes FORMER FTX EXECS ARE SNITCHING ON SAMUEL Ladies & gents, I hate to say it but... The FTX/Alameda Saga is back. And it's getting spicier than Taco Bell's Fiery Hot Ghost Pepper ð¥µ. Here's the latest news: - Caroline Ellison & Gary Wang have pleaded guilty to fraud
- Gary pleaded to four charges (including wire fraud and commodities fraud) & faces up to 50 years in prison
- Caroline pleaded to seven charges (including wire fraud, commodities fraud, and money laundering) & faces up to 110 years in prison
- They are both cooperating with prosecutors to get charges dismissed (aka they're tattletaling on Samuel)
- Both have been given a $250k bail & must surrender all travel documents (sorry, no quick getaways to Fiji) That's right. Caroline & Gary are spilling the milk. Here are a few things they've told prosecutors so far: 1/ Samuel has been completely lying on his media tour (I'm just as shocked as you are) 2/ Samuel told Gary Wang to build the backdoor from FTX to Alameda so he could sweep funds 3/ Samuel directed Caroline to send customer funds from FTX to Alameda in exchange for FTT (FTX's made-up internet money) 4/ Even after naming Caroline & Sam Trabucco as Co-CEOs of Alameda back in 2021, Samuel was still running the show Translation: Samuel made me do it And just like that, the Samuel x Caroline soap opera takes another crazy turn. From former lovers --> snitching on each other to get out of jail. A true crypto love story. Oh, by the way, Samuel also got extradited back to the U.S. And man, does he look rough. [tw profile: rat king ð] rat king ð @MikeIsaac [tw] Royal Bahamas police just sent to reporters these photos of SBFâs extradition to the US Dec 22, 2022 1.56K Likes 220 Retweets 127 Replies 5 days in jail and he already looks like a hardened criminal - Samuél Escobar. Here are some of the best reactions from Twitter: [tw profile: Hsaka] Hsaka @HsakaTrades [tw] >Commit one of the greatest cases of financial fraud ever >250k bail, surrender all travel documents in exchange for all charges waived (contingent on cooperation with authorities) This might be Carolines best and only profitable trade. coindesk.com/business/2022/â¦
Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
Plea agreement would waive Ellison of any charges, except criminal tax violations, provided she fully cooperates with U.S. Attorney's office. Dec 22, 2022 2.98K Likes 288 Retweets 196 Replies [tw profile: carnage4life@mas.to] carnage4life@mas.to @Carnage4Life [tw] While SBF was giving interviews and doing a PR tour blaming Caroline, Caroline was working with the Feds to get a plea bargain agreement which would get her a light sentence and him lots of jail time. Real Gâs move in silence like lasagna. Dec 22, 2022 2.94K Likes 215 Retweets 40 Replies [tw profile: Ramp Capital] Ramp Capital @RampCapitalLLC [tw] Dec 22, 2022 2.04K Likes 170 Retweets 66 Replies Who wore it better? [tw profile: Coffeezilla] Coffeezilla @coffeebreak_YT [tw] Funny how even outside of their polycule, SBFâs partners Caroline Ellison and Gary Wang found a way to screw him one last time. Dec 22, 2022 4.18K Likes 326 Retweets 167 Replies [tw profile: Psycho] Psycho @AltcoinPsycho [tw] Better call Saul? Nah, better call Caroline's lawyer $250k bail and dismissal of *ALL* her charges, minus any tax violatons. Wild. CoinDesk @CoinDesk A plea agreement between @carolinecapital and @SDNYnews has been unsealed. @thesamreynolds reports. Dec 22, 2022 866 Likes 85 Retweets 87 Replies TODAY'S EDITION IS BROUGHT TO YOU BY [DESO]( Do you feel it? Thereâs been a vibe shift on social media. Elon Musk is banning anyone who speaks against him. Facebook and TikTok are collecting our data like theyâre infinity stones. Social Media is run by centralized companies using our content and personal data to make money. And people are getting tired of it. We need social media platforms where we control our audience and our data. Introducing DeSo - a new layer-1 blockchain built from the ground up to decentralize social media, and scale storage-heavy applications to billions of users. Hereâs why DeSo is different than web2 social platforms: - 100% of all code & data are completely open. All posts and social graphs on DeSo are stored directly on-chain
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- Oh, and it was recently listed on Coinbase [Claim your username today.]( QUICK BITES [Brazil passed extensive crypto regulations into law, including allowing citizens to make payments in Bitcoin.]( [Uniswap DAO members voted yes to a new governance process that will prioritize on-chain over off-chain votes.]( [A law enforcement officer's body cam exposed a manâs seed phrase during his arrest in a video that's gone viral.]( MILKY MEME That's a wrap for today. Stay thirsty & see ya tomorrow! If you want more, be sure to follow our Twitter [(@MilkRoadDaily)]( Share The Milk Road You currently have 0 referrals, only 1 away from receiving An Inside Look At What The Crypto Whales Are Betting On. [An Inside Look At What The Crypto Whales Are Betting On]( [Click to Share]( Or copy and paste this link to others: [ INTERESTED IN ADVERTISING ON THE MILK ROAD? [Fill out this survey]( and we'll get back to you soon! What'd you think of today's edition? - [ð¥ð¥ð¥ð¥ð¥ F**king great](
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