The cautionary tale of FTX

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The cautionary tale of FTX | opinion

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Bad take. US capitalism will never walk away from true innovation. However, it should step back from storytellers of no substance. FTX & Greensill were 'visionaries' with no technical or risk management innovation: they were just selling scale - faking it with complicit VC funds.

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Sam Bankman-Fried: Founder of bankrupt crypto firm FTX arrested in BahamasBankman-Fried had become one of the biggest names in the crypto industry before the company's sudden collapse. He will appear in a Bahamas magistrates court on Tuesday. i guess the Biden regime gave themselves enough time to cover their tracks before finally arresting him eh Ponzi Fraudsman Fried.
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Politicians urged to return 'dirty money' from Sam Bankman-Fried amid campaign finance chargesBoth Democrats and Republicans have been urged to return money allegedly 'stolen' from FTX customers Ha ha ha ha!!!
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