
Rabbit Hole Recap #227: FTX was a Ponzi and held no bitcoin... who's next?
Rabbit Hole Recap
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CFTC Regulated Clearing House - Is That a Smoking Gun?
There is $20 billion missing and nobody knows where it went. One of FTX's sub companies was able to buy a CFTC regulated clearing house. They ran an offshore derivative exchange, and he was hanging out with presidents while you have Arthur Hayes running around the world trying to like hide from... He got a $10 million fine slap on the wrist.
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