FTX: inside the crypto exchange that ‘accidentally’ lost $8bn

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The rise of such a scam plan was not accidental.

Casino territory

Shenanigans after shenanigans for X_Official. The fraud company.

Wake up … Fried in his own words admitting to scam of altruistic capitalism

Hahaha, accidentally. Your such a corrupt and bias source

Accidentally?!

Finally some actual journalism from on this fraud case.

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Scaramucci’s SkyBridge bought $10mn of FTX token in return for investment\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. Scaramucci The Mooch is a crypto bro… why am I not surprised… Oops
Source: FT - 🏆 113. / 51 Read more »

What happened at FTX?Our podcast on markets, the economy and business. This week, we chart the rise and fall of crypto’s poster child, Sam Bankman-Fried, and ask whether the industry can survive “Poster child” 😂🤦‍♂️😂🤦‍♂️😂 He is a full-grown man. Nothing childlike about this dude. The clue was always in his name
Source: TheEconomist - 🏆 6. / 92 Read more »

New FTX chief slams ‘complete failure of corporate controls’ at crypto exchange\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. Se perdió el dinero de un millon de ahorradores/inversores.. A quien le importan Vamos a otra guerra? SBF is an international hero as his campaign contributions literally saved Democracy itself. Unfortunately some people lost out in the process, but the messaging on this has just been disparaging him when he was doing a selfless & altruistic deed.
Source: FT - 🏆 113. / 51 Read more »

New FTX boss condemns crypto exchange's failureJohn Ray says there was a 'complete absence of trustworthy financial information' at the company. LOL. So the new scammer will find a more successful way to con people now? 😂 God's blessings on you Amen 🤣🤣🤣🤣 crypto is a joke. Much like the people who swear by it. It's primary use is money laundering and moving ill gotten gains around. Other than that it's a ponzi scheme for the average joe
Source: BBCTech - 🏆 81. / 55 Read more »