FTX Officially Bankrupt #FTX #Officially #Bankrupt


FTX Officially Bankrupt

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Comments (33)

  • GenghisBanned Reply

    Well at least he didn’t fake his death like the Quadriga guy.

    November 11, 2022 at 11:50 pm
  • schemingraccoon Reply

    I really hope SBF faces some sort of criminal consequence for this.

    I’ll never understand how it is legal for any exchange to issue its own token/coin. It’s like playing mini-Fed where you can mint/burn your own tokens without any oversight whatsoever.

    November 11, 2022 at 11:50 pm
  • jt7855 Reply

    Another one bites the dust

    Another one bites the dust

    And another one gone and another one gone

    Another one bites the dust

    Hey I’m gonna get you too

    Another one bites the dust

    November 11, 2022 at 11:50 pm
  • pfcypress Reply

    Not your keys, not your … nvm

    November 11, 2022 at 11:50 pm
  • GGZii Reply

    The F1 sponsorship on my hat going legacy

    November 11, 2022 at 11:50 pm
  • HugoCampos94 Reply

    It’s amazing how these platforms follow the same steps, screw it up, try to get someone purchase their mess, if not, file for bankruptcy, and they manage to do it with the ceo roaming free afterwards

    November 11, 2022 at 11:50 pm
  • Verallendingen Reply

    nice. now this fraudster into jail pls.

    November 11, 2022 at 11:50 pm
  • anonymouscitizen2 Reply

    Guess the first asset they ran out of during the “bank run.”

    Bitcoin. Days before the others.

    November 11, 2022 at 11:50 pm
  • Life_Chemist_3208 Reply

    Just prepare your fiat for 13k bitcoin and maybe even 10k

    November 11, 2022 at 11:50 pm
  • _Heil_Hilter_ Reply

    130 companies…. Ohhhhhh my sides. The accounting engineering needed to untangle this mess…

    November 11, 2022 at 11:50 pm
  • sweetpicklehelmetrye Reply

    Nice. Another Do Kwon in the making.

    November 11, 2022 at 11:50 pm
  • Legendhimself96 Reply

    BlockFi bankruptcy incoming.

    November 11, 2022 at 11:50 pm
  • DaveGlen Reply

    We are close to the bottom! Let’s go!

    November 11, 2022 at 11:50 pm
  • BraidRuner Reply

    Morally and Financially

    November 11, 2022 at 11:50 pm
  • Karlos_BTC Reply

    There is no reason to keep corn on exchanges. At some point people are living recklessly.

    November 11, 2022 at 11:50 pm
  • Serioustir Reply

    Maybe spending all that money on the Heat arena naming rights wasn’t a good use of their funds?

    November 11, 2022 at 11:50 pm
  • Llorion Reply

    I’m not huge on regulations but they are needed to protect investors. This is not cool and there are a lot of people out there who are suffering in silence. I feel for them.

    November 11, 2022 at 11:50 pm
  • Traditional-Metal-33 Reply

    This is good for Bitcoin.

    November 11, 2022 at 11:50 pm
  • KAX1107 Reply

    I run whatsminers off solar and repurpose heat for my home. I run my own Bitcoin and Lightning node. I only use Bisq, Robosats, P2P exchanges.

    I pay with bitcoin for shit anywhere I can because spending fiat when you can spend bitcoin further enables the fiat scam. “Oh, but bitcoin will go up in future” is a stupid argument. If you’re spending a dollar value on something, spending equivalent value in bitcoin is the same thing. You’re spending that value either way.

    If you’re affected by any of these yield ponzis, overleveraged funds or shitcoin casinos getting rekt, then you’re not doing this Bitcoin thing right.

    November 11, 2022 at 11:50 pm
  • graphic-crypto Reply

    The second one this year… wonder if we can get a trifecta by year end. Big hope for Binance

    November 11, 2022 at 11:50 pm
  • Nichoros_Strategy Reply

    Never give Sam the load.

    https://www.youtube.com/watch?v=wlJgD4GuDVs

    November 11, 2022 at 11:50 pm
  • realsds Reply

    What does this mean for the excluded subsidiaries?

    November 11, 2022 at 11:50 pm
  • Sandy_Snail Reply

    If all of these exchanges go bankrupt, how will I bring more down lines in to my team

    November 11, 2022 at 11:50 pm
  • Rey_Mezcalero Reply

    They burned the house fellas

    November 11, 2022 at 11:50 pm
  • flocamuy Reply

    This is all so crazy! All this exchanges going down and taking clients money along…

    November 11, 2022 at 11:50 pm
  • Lopsided-Mix-4131 Reply

    Wtf is ledger x

    November 11, 2022 at 11:50 pm
  • NYCPATRICK Reply

    I’m pretty sure Sam Bankman is connected to some important people who made a lot of $$$ and he will walk free.

    November 11, 2022 at 11:50 pm
  • paladin68 Reply

    This will rapidly devolve to a ch 7 liquidation. Everyone with holdings will be wiped out, which they effectively are already.

    November 11, 2022 at 11:50 pm
  • road22 Reply

    This is the way FINANCE/ INVESTING is supposed to work.

    The smart, wise, and strong survive and thrive, and the stupid degenerate gamblers loose everything with no bail outs.

    Yes it is going to hurt for a while but this is a much needed cleansing.

    November 11, 2022 at 11:50 pm
  • Arijan101 Reply

    EL Salvador’s crypto bro president, N. Bukele, had the BTC he bought with state money on FTX.🙄

    This is besides the fact that his investment is now worth half then what he bought it for.

    You cannot make this stuff up.

    November 11, 2022 at 11:50 pm
  • i-hoatzin Reply

    Disgusting.

    A few years ago defrauding bankers had their heads lopped off.

    Those good oldie times.

    November 11, 2022 at 11:50 pm
  • CursedFeanor Reply

    Thanks for the fire sale I suppose!

    I have no empathy anymore for people dumb enough to leave their funds on any centralized exchange. There’s no excuse now, it happened too many times and the information is too widely known. NYKNYC

    November 11, 2022 at 11:50 pm
  • BangBong1212 Reply

    Right, what is the best hardware wallet to get for a small amount of crypto?

    November 11, 2022 at 11:50 pm

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