Cryptocurrency
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- grafician0
- Crypto is folding back on itself
LOLz at all those idiots believing it was the futuregrafician - yeah, idiots. just like the dot com bubble, idiots thinking internet was the future, lolz.shapesalad
- If only they could listen to grafician ...zaq
- "Told you so" is not even on the table anymore LOLzgrafician
- Shutup shapesalad don't ruin my moment here mangrafician
- Crypto is folding back on itself
- grafician1
LOL I went out for a minute and NOW...TOTAL MELTDOWN!
- shapesalad0
Who will bail out Binance when they have ‘liquidity’ issues?
- grafician0
- Ouchinstrmntl
- Is that a billion dollars at the age of 29 on Monday?zaq
- I mean on Tuesdayzaq
- He's still better off than all of us combined. Anyway, how did this happen?NBQ00
- If the Binance deal doesn't go thru (and it appears it won't) he will be in NEGATIVE balance territory
Poor guy...grafician - "BREAKING: FTX CEO Sam Bankman-Fried says that without a cash injection, bankruptcy is likely."grafician
- "The Wall Street Journal reports crypto exchange FTX has a liquidity shortfall of $8 billion"grafician
- "FTX website is down, as reports emerge it is seeking funding to meet withdrawal demand."grafician
- drgs2
Bear market will stop when all shit projects have been purged
- grafician0
"Bitcoin price
One year ago: $66,900
Now: $16,200"
- 2 years ago: $15,956zaq
- guys come on, 1 month from now $250kshapesalad
- ripgrafician
- grafician0
- so it's over for FTX and SBF
Next, it seems KuCoingrafician - SEC also joined the chat...grafician
- glad i took my sol off FTX a few months ago. pretty much all ledger these days.shapesalad
- @shape are you still getting your salary in crypto?grafician
- I get USDC these days.shapesalad
- When Elon gonna buy all the crypto exchanges? He saved twitter. Can he save crypto?shapesalad
- Doge is down, Elon has to save it!shapesalad
- so it's over for FTX and SBF
- drgs1
- grafician0
Tether starting to slip hahaaaa
- grafician1
How it all went down with Alameda and FTX for months:
"1/ I found evidence that FTX might have provided a massive bailout for Alameda in Q2 which now came back to haunt them.
40 days ago, 173 million FTT tokens worth over 4B USD became active on-chain.
A rabbit hole appeared"
Thread:
- grafician3
- He said sorry and trying to fix it
https://twitter.com/…
So much dramagrafician - "FTX tapped into customer accounts to fund risky bets, Setting up its downfall."grafician
- He said sorry and trying to fix it
- jonny_quest_lives1
"1) I'm sorry. That's the biggest thing.
I fucked up, and should have done better."
https://twitter.com/SBF_FTX/stat…
¯\_(ツ)_/¯
- its really ridiculous what he says. This was a genius dev right? How can you work with your "senses" when it comes to using customer funds in margin operationsBeeswax
- Going with Occam's razor on this... He was a shitty human who figured he was smarter than everyone else. Parents reinforced it his education at MIT fed it.jonny_quest_lives
- The whole crypto space is built by shitty carbon copies of SBF. This guy put himself on the top of them all with gis MIT vitae.jonny_quest_lives
- *hisjonny_quest_lives
- jonny_quest_lives1
Via Twitter so take it for what it's worth...
"FTX CEO Samuel Bankman-Fried attempted to board a plane at a private airport in Morristown, NJ but was prevented from doing so by federal agents. Story developing."
https://twitter.com/GuntersGems/…
¯\_(ツ)_/¯
- While tweeting he's sorry?grafician
- "I'm sorry. That's the biggest thing." ¯\_(ツ)_/¯jonny_quest_lives
- grafician1
"Binance holds $74.7 billion worth of tokens, of which around 40% are in its own stablecoin and native coin, according to Nansen data"
https://www.bloomberg.com/news/a…
Oh no
- grafician0
^ SBF's corporate structure:
"134 of FTX's firms filed for bankruptcy:"