Crypto collapse: FTX first-day hearing, Genesis screws DCG, Silvergate Bank
“I think we’re shortly to find that embedded leverage in the sector was far, far higher than anyone, even its most ardent critics, expected.”
Author: David Gerard
If Twitter goes down, where will crypto Twitter migrate to?
Musk seems to think that if a four-engine jet can stay in the air on one engine, the other three can be sold for scrap. This turns out to be incorrect.
Crypto collapse: Celsius’s Interim Examiner Report
Celsius used the finest accounting software known to crypto: a Google spreadsheet.
Declaration of John Jay Ray — FTX is worse than Enron
“Never in my career have I seen such a complete failure of corporate controls.”
Crypto.com’s bad weekend — crypto exchanges are shaky
We’re exhausted just keeping up with all the good news for bitcoin.
Guardian US: Sam Bankman-Fried was hailed as a crypto wonder child. What happened?
They all want to be Steve Jobs — and keep turning out to be Elizabeth Holmes.
FTX files for bankruptcy, and the fallout begins. Who’s next?
“All crypto exchanges can be considered as being in a quantum state of Quadriga: until you open the box it is impossible to know if the money is inside or not, but it definitely won’t be by the time anyone decides to look.”
Foreign Policy: Crypto’s Boy King Got Dethroned Overnight
All crypto companies are as Quadriga as they can get away with. All of them.
Crypto collapse: J. Pierpont Moneygone — FTX rekt, bought by Binance
Crypto had its Bear Stearns. Are we up to Lehman Brothers yet?
Welcome to Twitter, Mr. Musk! Here’s your accordion
Personally, I plan to keep riding Twitter all the way into the ground. I’m pretty certain it will auger in hard.