Can someone tell us why Luna CEO is wanted but Sam Bankman Fried is a free man giving interviews?
This man has single handedly collapsed an entire industry and we are still reading his childish nonsense tweets on tweeter.
Genesis and Gemini earn have halted all withdrawals
Meanwhile people are still screaming at Elon who is playing with his own money, the World has gone bonkers.
FTX COLLAPSE SUMMARY SO FAR
Tom Brady, Steph curry and More sued for promoting FTX
Have larger investors and traditional firms been impacted?
Since its founding in 2019, FTX raised nearly $2 billion in capital from sources like venture capital firms and pension funds, and its bankruptcy means that many of its investors will likely need to write their investments off as losses.
SoftBank, Tiger Global, and Sequoia Capital are among the many well-known firms who made now-worthless bets on FTX. Last Wednesday, Sequoia sent a letter to investors that the firm was marking its $213 million stake down to $0.
The impact isn’t limited to venture capital firms either — the Ontario Teachers Pension Fund lost $95 million investing in FTX’s funding rounds and athletes like tennis star Naomi Osaka and NFL quarterback Tom Brady are among the individuals who had equity stakes in the company.
Did SBF DESTROY BITCOIN AND CRYPTO?
Greedy Leveraging with other peoples money brought down crypto giant FTX
How did FTX go from bailing other crypto companies to now needing a bail out?
SBF VOX INTERVIEW AND LEAKED TEXTS
SEE FULL INTERVIEW HERE
GEMINI LIED INITIALLY ABOUT THE EXPOSURE TO FTX TRUST NO ONE IN CRYPTO
Can someone tell us why Luna CEO is wanted but Sam Bankman Fried is a fre man giving interviews?
I repeat exit all markets maybe stick with only the original Bitcoin for now
SBF reveals he has been pretending all along
