FTX's downfall resulted from the market acting as ‘judge, jury and executioner' — Pompliano

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Are you losing faith? Podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried.

Appearing on Nov. 17 at the Texas Blockchain Summit, Pompliano was asked about how to ensure high-quality representation “in the halls of power,” responding that market forces eliminate bad people as quickly as bad businesses:

“It might be a little counterintuitive, but the free market is a hell of a fucking referee. If you watch what just happened, this industry is who held the industry accountable. […] CZ is the one who used market forces to take that company [FTX] down,” he said. “At the end of the day, the judge, jury, and executioner was the free market and the industry itself.”

Pompliano continued, “The good people, they survive, the bad people, they end up getting washed out.” Always enjoy visiting the great state of Texas, where the citizens understand the importance of private property, personal defense, and economic liberty

 

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This was all orchestrated with the DNC, the White House, NWL, and money laundering over to Ukraine. Also, it seems like it’s giving them a good platform to try to centralize digital currency. They have their little trial started now with the NY fed and global banks.

He & all of the ppl that were telling ppl to take loans against their homes are gonna be in court! 🤷🏻‍♂️🤷🏻‍♂️ & seilor too!

I bet he NEVER goes to jail

buying the dip

Hi guys! I have 0.0011 $Btc in my wallet bc1q76ths52apcgr7w7dxqlag3kgzy2nkvu9r2lqqe. Im ready trade my bitcoins to eth bnb doge shib or any different. Pm me, for trade🤝🏻 cryptochallenge tradecrypto

He must be hoping to get in on another scam.

It’s not time to lose faith

Bullish on APompliano

That guy? He can take a hike.

No

Not only faith ,Hope is gone as well 🥲

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