#338 - The collapse of FTX & Qatar World Cup ambassador calls homosexuality ’damage in the mind’

The crypto ecosystem experienced another massive shakeup this week when one of the world’s largest crypto exchanges, FTX, unexpectedly went bankrupt. We discuss how Singapore is linked to FTX’s collapse, and what lessons can be learnt from this debacle. Elsewhere, as Qatar gets ready to welcome World Cup 2022, its appointed football ambassadors have not been doing the host nation’s image any good with their media appearances. Why is there such angst about Qatar’s hosting of the competition?

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The collapse of FTX

• ‘It’s all gone’: FTX bankruptcy has retail traders bracing for losses | CNA
• The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried | BBC News
• Crypto exchanges race to soothe clients’ nerves after FTX collapse | Financial Times
• Crypto exchange FTX crash: What investors, including Temasek Holdings, are saying | TODAY
• Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet | CoinDesk
• FTX users may be cashing of bankrupt crypto exchange through a Bahamas loophole | CNBC
• FTX Bankrupt. SBF out as CEO. What now? | The Milk Road

Qatar World Cup ambassador calls homosexuality 'damage in the mind'

• Qatar World Cup ambassador's interview halted after calling homosexuality 'damage in the mind' | mothership
• FIFA urges World Cup teams to focus on football over politics | Euronews

One Shiok Comment

• Comment by internetlurker96
• Post by MamaJumba

One Shiok Thing

• How badminton champ Loh Kean Yew unleashes his winning smash | The Straits Times
• Paulo Costa on Twitter