The FTX Crypto Fiasco: Bankruptcy, Plane Tracking, and Lost Billions

[beysactingcoach]

In the past week or so your timeline besides Twitter's implosion and tech layoffs is probably about the fall of the cyptocurrency exchange - FTX. There's many moving parts to this story that stretches back for awhile, so this post will give a quick rundown of the main points and maybe follow with the inevitable fallout that will continue. For more

Comments

[therearewords]

I'm going to need more brain cells for this; it's 11 at night.

[therearewords]

Oh, "play stupid games, win shit-upon pants with vomit in its pockets"? I get it!

[therearewords]

Right?

[tomelette]

It's almost 2 AM here, no way of understanding any of this. LOL

[analievelyn]

tens of billions of dollars wiped out by a single polycule pic.twitter.com/V276cZDGAM
- Armand Domalewski (@ArmandDoma) November 11, 2022

Tbh i still don't know how crypto works lololol

[sirlolsworthy]

It doesn't

[anagramofbrat]

...of all the things polyamory is accused of killing, I'm actually okay with crypto, lmao

[simpmedaddy]

lmfaooo the more we find out about this ftx/alameda situation the funnier it gets

[beysactingcoach]

Ewww yuck didn’t know that yikes. Let me dig for an alternative - honestly wading through decent channel that are decent people that explain this decently, I’ve got a mountain to climb

[belle_chouette]

trust no man

[wonky]

Idk what any of this is and I am so happy about it

[siaht]

This fool never had nothing on CZ!