Off Chain 12-1-22: Coinbase ditches XRP, and BlockFi goes bust
The Decrypting Crypto Podcast
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FTX Bankruptcy
FTX owed BlockFi $671 million. Meanwhile, Sam is opening up a revolving line of credit for them for $400 million. This is just I don't understand. It's absolutely insane. They didn't even really have accountants at FTX. Even Mt. Gox had a bunch of accountants. Apparently, the way that the expenses and stuff was like managed at FTX was literally through Slack Mogees.
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