The SPF FTX Saga

FTX raised a ridiculous $420 million from 69 investors last year, turns out SPF pocketed 300 million of that. There's auditors in the metaverse, spending customer funds in real estate, no one knows how many employees FTX has. Michael Lewis was there, so at least we'll get a good book out of it. But millions of people lost a lot of money and it created a cascade that just probably began.