FTX: What Does B Stand For?

December 2, 2022

I am not a krypto kiddie. After the mysterious Nakamoto white paper became available, I made an informed judgment: Bad actors will love this crypto thing. My hunch was correct. The meltdown of a crypto wizard and his merry band of tea totaling worker bees have demonstrated that cyber fraud can be entertaining.

I read “Does B Stand for Bankman-Fried or Bankruptcy?” The write up asks a simple question. I noted this passage from the “real” Silicon Valley write up:

SBF said FTX failed on risk management and he didn’t “knowingly co-mingle funds.”

There you go.

Now what does B stand for? Here are my suggestions:

bamboozle – to rip off, fool, or deceive
bane – a source or ruin, harm, or evil
baseborn – a nice way to question one’s family position in society
bebotherer – one who brings trouble
besotted – drunk and incoherent
bonkers — a few cans short of a six pack
brock—a nasty, little, furred creature

I am leaning toward bamboozle but I think brock has a certain charm. Perhaps a combo; to wit:

The brock bamboozled himself and others.

Close enough for horseshoes as the “we’re not talking” analytics folks like to say among friends at lunch.

Stephen E Arnold, December 2, 2022

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