Blot legend in FTX

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Aug 6th, 2022
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How to blot legend in FTX

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I was checking out your tweets and you say you expect larger crashes and Iamp;#39;m thinking well what could be larger than FTX well unfortunately itamp;#39;s a 10 billion dollar hole that they left which Iamp;#39;m guessing is hundreds of thousands of families that have been completely wiped out they were the second largest cryptocurrency exchange so who would be bigger well thereamp;#39;s people behind the scenes so yesterday we saw Genesis which is kind of a Backwater company for a lot of these they provide liquidity loans Etc a lot of yield farming and whatnot and they had to ask for an emergency one billion dollar loan we saw the cryptocurrency exchange Gemini which is one of the largest had to Halt withdraws from that product as well and so we donamp;#39;t know who has exposure to this 10 billion maybe not from a customer standpoint as big as FTX but Dollar Wise could be bigger because Genesis is back the grayscale Bitcoin trust with hundreds of thousands of Bitcoins in cust

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Tom Brady is the most famous face to promote and invest in FTX and he also may have suffered the greatest individual loss. The Tampa Bay Buccaneers quarterback owned over 1.1 million common shares of FTX Trading, which equaled about $45 million before the company went bankrupt, ing to Bloomberg. Who Lost Money in FTX? Tom Brady, Kevin OLeary and More entrepreneur.com business-news who-los entrepreneur.com business-news who-los
FTX crashed due to mismanagement of funds, lack of liquidity and the large volume of withdrawals. Binance announced it would buy FTX to prevent a larger market crash, but quickly bailed out of the deal as more news reports of mishandled customer funds surfaced.
FTX was a leading cryptocurrency exchange that went bankrupt in November 2022 amid allegations that its owners had embezzled and misused customer funds. Sam Bankman-Fried, the CEO of the exchange, was sentenced to 25 years in prison and ordered to repay $11 billion. The Collapse of FTX: What Went Wrong With the Crypto Exchange? investopedia.com what-went-wrong-with-f investopedia.com what-went-wrong-with-f
As for the losers, the biggest ones are everyday crypto users and honest entrepreneurs who just watched another massive scandal befall the industry, and who will pay the price for SBFs behavior. The winners and losers from the FTX assassination | Fortune Crypto fortune.com crypto 2022/11/09 the-winners- fortune.com crypto 2022/11/09 the-winners-
A surge of customer withdrawals due to concerns over this questionable financial valuation practice and unusually close relationship with Alameda pushed FTX and Alameda into bankruptcy and shook the volatile crypto market.
FTX crashed due to mismanagement of funds, lack of liquidity and the large volume of withdrawals. Binance announced it would buy FTX to prevent a larger market crash, but quickly bailed out of the deal as more news reports of mishandled customer funds surfaced. FTX scam explained: Everything you need to know - TechTarget techtarget.com whatis feature FTX-sca techtarget.com whatis feature FTX-sca

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