Global regulators circle Sam Bankman-Fried’s FTX exchange

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Shenanigans after shenanigans for X_Official: FTX investors: Ontario Pen Fund Sequoia Paradigm Tiger Global SoftBank Circle Ribbit Multicoin VanEck Temasek. Ontario Teachers Pension Plan invested in X_Official. It could face at least a $95 million loss, per Forbes.

Alameda made create ALAPRO token 8 hours ago. 1 trillion coins. It is ERC20. With Uniswap. Not audited. And soon it was approved, they started to traid firing on all cilinders.

Anybody looking to make a name for themselves will be issuing arrest warrants and starting the Perp-Parade in handcuffs.

This article sucks. The writer says 'crypto' is no different, but the problem is actors using crypto. There's full clarity on-chain, nothing is hidden or ambiguous so crypto serves its exact purpose. FTX is a CeFi company that used crypto in less than honest ways. DeFi is clear.

Crypto con

an argument could be made that the regulators have left it a bit late

vultures circling the hyena

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Sam Bankman-Fried apologises for FTX crisis\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. Nothing to see here And? LOL another “crypto idol/genius” down… some more to go…
Source: FT - 🏆 113. / 51 Read more »

Sam Bankman-Fried seeks up to $8bn to bail out crypto empire\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. Actually 9.4B$ But what are a couple of billions amongst frennnns Someone with that capital would honestly invest in this? He does not deserve to be helped since he has been promoting the Ponzi scheme too long 🤓
Source: FT - 🏆 113. / 51 Read more »