Declaration of John Jay Ray — FTX is worse than Enron
“Never in my career have I seen such a complete failure of corporate controls.”
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
“Never in my career have I seen such a complete failure of corporate controls.”
We’re exhausted just keeping up with all the good news for bitcoin.
They all want to be Steve Jobs — and keep turning out to be Elizabeth Holmes.
“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.”
All crypto companies are as Quadriga as they can get away with. All of them.
Crypto had its Bear Stearns. Are we up to Lehman Brothers yet?
Personally, I plan to keep riding Twitter all the way into the ground. I’m pretty certain it will auger in hard.
When the judge brings up the word “Ponzi” …
“I kept up the bluff, hoping that I might eventually hit upon some workable plan to pay all my creditors in full.”
— Charles Ponzi
Anyone could listen in — so Amy did, and took copious notes.