Cryptocurrencies - The Last Fucking Economic Collapse

Bankman fried was fashioning himself as a Political kingmaker boosting crypto friendly candidates in a series of democratic congressional primaries. Now just six months later ftc ftx is fully collapsed according to wall street journal FTx had lent billions of dollars worth of customer assets to fund risky bets by its affiliated trading firm Alameda research setting the stage for the exchange and implosion. The largest portion of those liquid assets listed on ftx international balance sheet dated thursday was 470 million dollars of robin hood shares owned by a bankman-free vehicle list that included 134 corporate entities.