https://twitter.com/teddyschleifer/status/1590891417433296896?s=46&t=PyC4wkugxNfcHu-dnpJtJg
Holy shit blockfi BUSTO too?
Because he embezzled billions of dollars and they didn’t?
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.
how much evaporated?
10b on the low end of estimates, probably much more
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
Elon tanking Twitter in real-time and FTX is like hold my beer and watch me tank all of crypto
https://twitter.com/crypto/status/1590985329066258432
“He was the bankman and now he’s fried”
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