Declaration of John Jay Ray — FTX is worse than Enron
“Never in my career have I seen such a complete failure of corporate controls.”
Tag: ftx
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?
News: Failed football sponsorships, Hetzner v. Ethereum, Saylor’s DC tax, Crypto.com forgets AUD$10m
Come and see me in Nashville!
Crypto collapse: Celsius sues KeyFi, BlockFi’s FTX deal, Scaramucci’s SkyBridge, Voyager suit, 3AC going to jail?
“Referring to this as a house of cards is insulting to cards, which have a consistent value and utility, unlike cryptocurrency.”
Regulatory clarity: doomed US crypto bills, Nigeria’s CBDC lacks repeat users, central banks don’t like crypto either
At least the Agriculture Committee has a lot of experience with cowboys and bull manure.
News: Starbucks NFTs, Reddit karma points on the blockchain, Saylor fired, Telegram ICO slight return
“I couldn’t stand to market to such a deranged group of individuals and the toxic web3 workplace.”
Crypto collapse: Coinbase’s billion-dollar bloodbath, Hodlnaut goes down, Celsius, Voyager, 3AC
And a few words on crypto bankruptcies.