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Reaction To The Collapse of FTX and Sam Bankman-Fried
My First Million
FTX - I Got to Get My Money Off 50 X Just as I Did
Last week, there's a series of events that basically causes a bank run on FTX. So people said better safe than sorry, let's start withdrawing our money. That creates a liquidity crisis for FTX. They don't have the money to give. And so FTX does not have their money. He comes out, he says, everything is fine guys. All the assets are fine guys. This is just, you know, a hoax from a competitor. There's like $10 billion worth of customer funds that are gone,. vaporized, unaccounted for. this guy's fleeing the country and all kinds of crazy stuff.
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