
Rabbit Hole Recap #226: FTX BLOWS UP - Takes House of Cards with it
Rabbit Hole Recap
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Get Your Coins Off Exchanges
SPF started with Alameda. He had a trading firm that did a lot of aggressive high-risk trading on BitMax and Finance. They were like, why are we providing the majority of volume to other exchanges when we can just run our own exchange and double dip? FTX has this exchange token. FTT, FTX token. And so it's a pre-mind shitcoin. Completely centralized. Yeah. Get your coins off exchanges.
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