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.”
Tag: sam bankman-fried
Declaration of John Jay Ray — FTX is worse than Enron
“Never in my career have I seen such a complete failure of corporate controls.”
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?
Crypto collapse: States bust Nexo, Terra’s Do Kwon on the run, Celsius CEO resigns, FTX buying Voyager and eyeing Celsius, ETH miners screwed
Multiple state regulators at the NASAA Nashville conference were quite interested in putting Alex Mashinsky’s backside in jail.
Canadian Pension Funds are Losing Big at the Crypto Casino — by Simon Spichak
Pension plans and funds are supposed to put the money that will take you through retirement into capable and diligent hands.
Crypto collapse latest: the contagion spreads
Weekend at Bernie Madoff’s.
News: UST fallout, Central African Republic fallout, Coinbase Custody not safe in bankruptcy, Catalonia and Russian bitcoins
History always repeats, but only the dumb stuff.