The Crapto Thread

https://twitter.com/teddyschleifer/status/1590891417433296896?s=46&t=PyC4wkugxNfcHu-dnpJtJg

Holy shit blockfi BUSTO too?

image

3 Likes

Because he embezzled billions of dollars and they didn’t?

Hey, I found @riverman

https://twitter.com/nbcnews/status/1591077971707990020?s=46&t=DTlAMsoXO7nO2fLb_vOUXQ

1 Like

https://twitter.com/jacqmelinek/status/1591081410563313665

Imagine running an exchange like one big casino and raking in millions a week.

That wasn’t enough.

Had to take customer deposits and gamble it.

This makes fulltiltpoker situation look like nothing.

Not only that, you get to give your personal hedge fund insider information on the exchange to let them front run your customers!

This dude should be in jail for a long long time.

https://twitter.com/EricLiptonNYT/status/1591084337293688832?t=dEbUdzdupNifgFf0m11Bzw&s=19

how much evaporated?

10b on the low end of estimates, probably much more :vince3:

Just in FTX I assume? Alameda had to be a few billy more, and SBF’s personal holdings alone is down (at least) $15B

130! affiliated companies

1 Like

Elon tanking Twitter in real-time and FTX is like hold my beer and watch me tank all of crypto

2 Likes

https://twitter.com/crypto/status/1590985329066258432

https://twitter.com/tomgara/status/1590733617411477504

https://twitter.com/WhaleChart/status/1590678751599550465

3 Likes

“He was the bankman and now he’s fried”

5 Likes

https://twitter.com/jacqmelinek/status/1591081410563313665?s=20&t=dSHNSp0b6cgcYd4quGGLSw

FTX US beginning bankruptcy proceedings?

I refuse to believe it! I was assured just days (day?) ago that they were fine.

https://twitter.com/SBF_FTX/status/1590709169757491202?s=20&t=YXMURX8T9FFUZR3RlkNwrQ