Almeida and FTX - The Golden Child Narrative

The connections between the Almeida and FTX team and the government are pretty crazy. You get a bunch of money into their exchange and you get their tentacles spread out throughout the whole industry knowing that rates are going to be raised at some point in the future. It's all structurally in sound from first principles. Marty, it would have happened eventually. If you want to talk about state attacks, causing a global macro liquidity crunch and making money expensive rather than cheap money took a lot of wins out of the sales of all these fucking schemes.