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Reddit Posts

Millions in Ether Tied to FTX 'Hacker' on The Move

One of the worst aging posts in the history of this sub. Submitted 18 days before the collapse of FTX.

FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says

US DOJ to Call on Former FTX Customers, SBF Allies to Testify in Trial

People Like SBF (FTX), Do Kwon (Terra Luna) & Alex Mashinsky (Celsius) Are The Reason Why People Prefer To Stick To BTC & ETH

SEC Sues FTX’s Auditor Over Auditor Independence Violations

Shark Tank’s Kevin O’Leary Says New Regulatory-Compliant Crypto Exchange Set To Replace Binance and FTX - The Daily Hodl

Shark Tank’s Kevin O’Leary Says New Regulatory-Compliant Crypto Exchange Set To Replace Binance and FTX

Millions in Ether Tied to FTX 'Hacker' on The Move

SEC initiates legal action against FTX’s auditor

FTX Hacker Moves $8 Mllion in Stolen Funds for the First Time in 10 Months

FTX exploiter moved more than $17.1M in ETH within the last 24 hours

Since i bought hardware wallet, i sleep so much more peacefully at night

SEC initiates legal action against FTX's auditor

DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets

Crypto’s First Year After the FTX Blowup: ‘It’s Been Miserable’

SEC initiates legal action against FTX's auditor

SEC initiates legal action against FTX's auditor

FTX Exploiter Transfers Out Over $17 Million Worth of Ethereum

SEC initiates legal action against FTX's auditor

SEC initiates legal action against FTX's auditor

SEC initiates legal action against FTX's auditor

Trial of FTX's Sam Bankman-Fried to feature questions on recreational drug use

FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says

Crypto’s First Year After the FTX Blowup: ‘It’s Been Miserable’

People Like SBF (FTX), Do Kwon (Terra Luna) & Alex Mashinsky (Celsius) Are The Reason Why People Prefer To Stick To BTC & ETH

FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says

BlockFi have spoiled my Saturday

FTX Hacker Moves $10 Million Worth of Ethereum as SBF's Trial Looms

FTX Hacker Moves $10 Million Worth of Ethereum as SBF's Trial Looms

FTX Hacker emerges from 10-Months Hiatus, Transfers $4.2 Million in ETH

Binance is being persecuted by SEC because the US government thinks it is sponsored by the Chinese Government

FTX drainer moves millions in ether for first time in nearly a year

FTX hacker’s wallet stirs as Ethereum ETFs prepare for US debut

FTX drainer moves millions in ether for first time in nearly a year

Sam Bankman-Fried's FTX Takes Another Hit as 'Exploiter' Funds Move

Millions in Ether Tied to FTX Account Drainer on The Move

Judge Shoots Down Disgraced FTX Founder Sam Bankman-Fried’s New Request for Pre-Trial Prison Release - The Daily Hodl

Short-term holders are back in 83% of their total holdings being in unrealized losses right now, a very similar level to all previous local bottoms.

Are there any indicators that can warn us that an exchange is going bankrupt or a project is failing?

r/CryptoCurrencySee Post

FTX’s Sam Bankman-Fried Trial Schedule Released: Here Are The Important Dates To Note

r/CryptoCurrencySee Post

Binance in distress

FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B

Coinbase Attempts to Plug Void in Crypto Perpetuals Left by FTX

No Adderall for Sam Bankman-Fried

SBF trial dates revealed: FTX founder to stand trial over 6 weeks

r/BitcoinSee Post

Coinbase Restricting Many Users from Sending Bitcoin To Hardware Wallet

Coinbase Restricting Many Users from Sending Crytpo To Hardware Wallet

In 2022, FTX invested $500M in AI startup Anthropic, the same firm where Amazon is investing $4Billion. Luckily FTX did not sell any stake in the company, and valuation is going to be significantly up after the Amazon deal. This could finally be some good news for FTX creditors

r/CryptoMarketsSee Post

Former FTX CEO SBF Denied Temporary Release Ahead of Trial

How Bitcoin and Pokemon spiced up the hearing: 5 hilarious moments from yesterday!

r/BitcoinSee Post

Long time lurker!

r/CryptoCurrencySee Post

FTX founder’s plea for temporary release should be denied, prosecution says

r/CryptoCurrencySee Post

Do You Trust Binance? The List of Accusations Keeps Growing

r/BitcoinSee Post

That’s it - I am done buying Bitcoin (for now)

r/BitcoinSee Post

That’s it - I am done buying Bitcoin (for now)

r/CryptoCurrencySee Post

ELI5 what is wrong with what Sam Bankman-Fried did?

Anyone get the following FTX email relating to claiming lost funds?

Gary Gensler Returned to Congress. Here's What He Said.

Gary Gensler Returned to Congress. Here's What He Said.

r/CryptoMarketsSee Post

SEC’s Gary Gensler threatened with subpoena over FTX interactions: ‘You refuse to be transparent’

How SQUID left 40,000 investors in tears – lesson to be learned - don't get SQUID-stracted in this crypto sea!

FTX Chief Once Met With Powell. Now D.C. Crypto Lobbyists Are Struggling

US House committee leadership threatens to subpoena SEC over FTX docs

FTX Chief Once Met With Powell. Now D.C. Crypto Lobbyists Are Struggling

r/CryptoMarketsSee Post

Congressional Committee Threatens SEC with Subpoena Over FTX Probe

US House committee leadership threatens to subpoena SEC over FTX docs

FTX Chief Once Met With Powell. Now D.C. Crypto Lobbyists Are Struggling

r/BitcoinSee Post

How do you explain "FTX-esque" sites and their risks to friends?

Michael Lewis (The Big Short author) - New Book on SBF and FTX

Coinbase Abandons Bid to Acquire FTX Europe, Despite Crypto Derivatives Expansion Ambitions

r/CryptoCurrencySee Post

Guest Post by CaptainAltcoin: FTX 2.0 Is a Terrible Idea, Bitcoin Spark Is Early Enough To Make Back FTX Losses | CoinMarketCap

r/CryptoCurrencySee Post

Will you Sell Alts?

Investors Snap Up $250 Million in FTX Debts, Banking on Cryptocurrency Exchange's Potential

r/CryptoCurrencySee Post

TIL Trevor Lawrence (No.1 Overall NFL Pick in 2021) invested his entire signing bonus of $22M into ETH/BTC/and other Crypto. He partnered with Blockfolio which later became FTX to store his crypto. Hindsight is always 20/20.

Inside the last moments before FTX collapsed: ‘Holy s–t, the company is probably broke’

Inside the last moments before FTX collapsed: ‘Holy s–t, the company is probably broke’

Several companies are buying FTX claims for pennies on the dollar, and in some cases, reselling them to other companies that they think will gain more value in the future, thus betting on the current administration being able to recover capital to return to customers and creditors.

Market Psychology - where are we and why does it matter [SERIOUS]

r/CryptoCurrencySee Post

FTX claim based on TRXUSD trades after bankruptcy filing

r/CryptoCurrencySee Post

FTX claim based on TRXUSD trades after bankruptcy filing

r/CryptoCurrencySee Post

Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune

r/CryptoMarketsSee Post

Ex-FTX US Chief’s Architect Fintech Secures NFA Approval to Offer Brokerage

FTX's former external legal team disputes involvement in fraud allegations

Crypto exchange (Voyager)

r/CryptoMarketsSee Post

Coinbase Explores FTX Europe Entry via Derivatives Branch Acquisition

r/CryptoCurrencySee Post

FTX’s one-time law firm denies awareness of fraud, moves to dismiss lawsuit

r/BitcoinSee Post

FTX Files $157.3M Lawsuit Against Hong Kong Affiliate’s Ex-Employees

r/CryptoMarketsSee Post

Coinbase appeared to amass FTX Europe regardless of chapter baggage

FTX Bankruptcy: Documents Show Coinbase Explored A Potential Acquisition

Distressed Debt Investors Pounce on $250,000,000 Worth of Bankrupt Crypto Exchange FTX’s Claims.

We broke the story that brought down Sam Bankman-Fried’s crypto empire. Soon, we’ll be covering his trial, gavel to gavel. Ask us anything.

FTX was a family business fraud . His mother received tens of millions through her PAC. His father advised on tax law, for "free"(& later for $1M). Even his sister was a "consultant". Also, SBF effectively said he has no idea how a $14M "company" property was titled to his parents.

r/CryptoCurrencySee Post

Why FTX might try to claw back funds from retail customers (tldr: they’re evil)

Coinbase, along with Crypto.com, attempted to acquire FTX

TIL Trevor Lawrence (No.1 Overall NFL Pick in 2021) invested his entire signing bonus of $22M into ETH/BTC/and other Crypto. He partnered with Blockfolio which later became FTX to store his crypto. Hindsight is always 20/20.

r/CryptoCurrencySee Post

FTX Seeks to Recover Over $157M Fraudulently Taken by Ex-Employees of Hong Kong Affiliate

r/CryptoCurrencySee Post

Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune

Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune

Coinbase sought FTX Europe acquisition after bankruptcy: Report

Mentions

The successor? Was there ever a time FTX was ahead of Binance? For one, Binance invested in FTX.

Mentions:#FTX

Only 3 things favor gold. 1) you can’t lose a string of words and no longer be able to access your gold 2) gold cannot be hacked, there can be no FTX-like scandals on gold 3) in the event of internet-based catastrophe, gold is still a thing. Because it’s physical, you can hold it in your hands, which gives some psychological advantages to older folks, who have all the money.

Mentions:#FTX

tldr; Around 2,500 ether (ETH), worth just over $4 million, tied to last year's exploit of the FTX exchange, started moving for the first time in nearly a year. The funds were split into two and then moved through different transactions using privacy tools. There is still a significant amount of ETH remaining in the original wallet. The attacker(s) who stole the funds were never identified. These transactions come just before FTX founder Sam Bankman-Fried goes on trial for fraud charges. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#ETH#FTX#DYOR

It's quite a timing that this happened when FTX was collapsing, i'm sure it's not someone from the inside, most like SBF himself.

Mentions:#FTX

FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy. How convenient

Mentions:#FTX

There's a video of him talking in a business call with angel investors for FTX while playing League of Legends 💀

Mentions:#FTX

Quite a few politicians are still financing their campaign with money that was stolen directly from FTX customers..

Mentions:#FTX

Those fucking lawyers were Sullivan and Cromwell the same law firm that represents Consensys and Joe Lubin as well as where former SEC Chairman Jay Clayton is managing partner. The FTX general counsel is Ryen Miller who a year before the collapse is on video describing how an exchange failing will be impetus for regulation to come down hard and allow big money into the space. Ryen Miller worked directly for Gensler at the CFTC and Clayton at S&C. Tldr it was the fucking lawyers

Mentions:#SEC#FTX

Both of his parents were lawyers for FTX. I can agree that they made at least one big mistake

Mentions:#FTX

This is not news! This is like saying, "Plaintiffs will testify in court" Yeah whatever. Welcome to the trivial details of the FTX trial. Can we get a report on SBFs bathroom break schedule next?

Mentions:#FTX

After FTX people should know

Mentions:#FTX

Whenever you want to be lazy and leave your crypto on a CEX, remember FTX

Mentions:#CEX#FTX

You know who else frozen my accounts and took the funds? MTGOX, FTX, and Celsius!

Mentions:#FTX

FTX was an excellent example: not your keys, not your coins.

Mentions:#FTX

With the collapse of FTX and others, you'd think holding on a CEX would be more and more uncommon. I believe a lot of people moved off the exchanges recently, in fact, but the trend should continue at least until we see some kind of change with T&Cs and insurance which is unlikely.

Mentions:#FTX#CEX

After FTX collapsed, the audits they were doing seemed super sketchy. It was pretty much the big CEXs sending massive sums of money and coins to each other for the “audits” and they all passed. Then they used the audits to prove they were all holding what they said they were holding.

Mentions:#FTX

No way will we forget, affected or not. FTX was prime example of how not to do things. Of what happens when children are left to their own devices. If you haven't seen BBC doccie on this, take a look. Disappointingly named *Downfall of the Crypto King* it gives an insight into the utter madness. Which should never be allowed to happen again.

Mentions:#FTX#BBC

It’s easy to milk karma with SBF, Gensler, SEC, FTX, and CZ It’s annoying

Mentions:#SEC#FTX

Must be the reason why he withdraw $17 million from FTX earlier.

Mentions:#FTX

FTX debacle was almost an year ago i think but still there is something new to it every other day

Mentions:#FTX

People that lost money on FTX will never forget SBF. He left a disastrous lasting legacy on many.

Mentions:#FTX

If they allow any FTX Customer to testify I’m afraid the entire hearing will take one entire year to clear 😅

Mentions:#FTX

and the FTX customer testifying will be the only customer in existence who would help him in walking free

Mentions:#FTX

SBF + FTX became the nightmare and shit show magnet.

Mentions:#FTX

Thats a long list. Maybe this is the reason why FTX was allowed to operate with no SEC behind them despite clear flaws

Mentions:#FTX#SEC

tldr; Federal prosecutors in the trial against Sam Bankman-Fried, the former crypto executive of FTX, plan to call former FTX customers, investors, and employees as witnesses. The customers and investors can testify about their expectations of how FTX would handle their funds, while the cooperating witnesses can provide insight into their interactions with Bankman-Fried and their understanding of his statements and actions. The Department of Justice intends to call both retail customers and institutional clients who transferred significant amounts of assets to FTX. The DOJ has identified three cooperating witnesses who will testify, and at least two more witnesses will testify under a grant of immunity. One customer witness from Ukraine may testify via video conference due to logistical and legal challenges. The trial is set to begin next week. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

tldr; The upcoming trial of Sam Bankman-Fried, the former CEO and co-founder of FTX, is expected to bring closure to the nearly year-long FTX debacle. The trial will involve jury selection, opening statements, and potential testimony from Bankman-Fried's close friends, including his ex-girlfriend and former colleague Caroline Ellison. Experts are divided on whether Bankman-Fried will take the stand, and the evidence against him is said to be overwhelming. The trial has garnered significant attention due to the involvement of a high-profile figure in the crypto industry and the large sums of money at stake. The role of Bankman-Fried's parents and other individuals in his inner circle is also of interest. FTX customers and former employees hope for justice and the recovery of their funds, but the trial is unlikely to have a significant impact on the outcome of FTX's bankruptcy proceedings. Overall, the trial is seen as a turning point and an opportunity for the crypto industry to move on from the damage caused by the FTX collapse. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#CEO#FTX#DYOR

>“I would like to start by formally stating, under oath: I f\*\*\*\*\* up,” wrote Sam Bankman-Fried, days after the implosion of FTX, the $36bn cryptocurrency exchange he founded. What a joke he thinks he can get away with this by saying its some sort of innocent mistake.

Mentions:#FTX

I mean I would imagine the American people losing billions in scams like FTX would have changed some minds in Congress about crypto.

Mentions:#FTX

Same members are the ones trying to cover up FTX crimes.

Mentions:#FTX

tldr; The U.S. Department of Justice (DOJ) has revealed an extensive witness list for the case against Sam Bankman-Fried (SBF), including former FTX customers. This move follows the SEC's charges against FTX's auditor, Prager Metis, for violating auditor independence rules. SBF's lawyer has raised concerns about potentially biased jury questions, urging the inclusion of more impartial language in the ongoing case. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#SEC#DYOR

>There are a total of 535 Members of Congress. 100 serve in the U.S. Senate and 435 serve in the U.S. House of Representatives. > >196 members of Congress received money from Sam Bankman-Fried/FTX 196 / 535 \*100 = 36.64% of congress members took money from SBF This man was giving out FTX's money like it's candy on Halloween

Mentions:#FTX

There are 535 members of congress. And there were 196 members who received funds from FTX. 😳

Mentions:#FTX

So, I googled it real quick, and there are 535 members of congress. And there were 196 members who received funds from FTX. 😳

Mentions:#FTX

Around 17M has been moved from the FTX hack. Looks like SBF is ready to pay politicians again.

Mentions:#FTX

it's their usual modus operandi, not just from SBF or FTX

Mentions:#FTX

The legal team at FTX has asked for a "voluntary return" of the money. In this letter, the lawyers said if the money is not returned, they retain the right to sue for it.

Mentions:#FTX

196 members of congress received stolen money as "donations" from SBF or FTX proper, and almost all of them have yet to return these funds. This is money stolen from the people they are supposed to represent. Blows my mind how disgraceful it is.

Mentions:#FTX

196 members of congress received stolen money as "donations" from SBF or FTX proper, and almost all of them have yet to return these funds. This is money stolen from the people they are supposed to represent. Blows my mind how disgraceful it is.

Mentions:#FTX

Gold has real-world utility. It's used in jewelry and electronics. In places like India people buy it like crazy as a store of wealth. It's also very easy to access and understand; dig it up, refine it, here's your gold bar/nugget/necklace/etc. Bitcoin may on the other hand is complex. Average people hear "exchange" and think FTX. They hear cold wallet and think of having to put some device in their freezer. They've never seen anywhere btc can be used in their daily lives. If they go on youtube to try and understand btc they get hit with 1,000 videos of obnoxious white guys talking about how it will be worth $1M next week. In short, gold is easy to access and trust. Bitcoin is hard to access and even harder to understand (and you can't trust what you don't understand). btc may be better than gold, but if people can understand that it's better then is it?

Mentions:#FTX

FTX doesn’t exist anymore…and nobody will be replacing Binance.

Mentions:#FTX

> because all releases from FTX coming Wow that sounds interesting. Can you tell me more about these "releases".

Mentions:#FTX

Maybe we shouldn’t replace FTX…

Mentions:#FTX

Some lovely quotes from the HFSC chair to old Gary from earlier in the week: “You refuse to be transparent with Congress regarding your interactions with FTX and Sam Bankman-Fried,” "Your lack of responsiveness to this committee’s legitimate oversight continues to be unacceptable.” "You should not want to be the first SEC chair to receive a Congressional subpoena.” There is an implication here is that the SEC knew FTX was shady and didn't act, that's how I read it anyway. If that turns out to be true Gary could have more to worry about than losing his job.

Mentions:#FTX#SEC

"Stanford University to return FTX donations worth $5.5M" \*Meanwhile politicians: No, I don't think I will...

Mentions:#FTX

Yup! Very early on into the FTX mess he said he would be surprised if SBF was a scammer because his parents are Ethics professors. Guess what? We learnt they're as corrupt as he was! Also Kevin owns his own ec

Mentions:#FTX

“This hasn’t been announced yet but in Abu Dhabi, they are planning to launch a new exchange to replace both FTX and Binance, and they’re going to get billions [of dollars] on it called M2. “ Buy the rumor sell the news, exchange edition

Mentions:#FTX

SOLs pumps wont last. It got too much overweight because all releases from FTX coming and lack of trust for most. Its artificially kept up.

Mentions:#FTX

Honestly probably manipulation. Such a large amount is held by FTX meaning they aren't doing anything to make money themselves right now. So with such a large amount no longer participating in the market other people can come in and try to manipulate it

Mentions:#FTX

Solana is so undervalued because of FTX. Bear market is the best time to invest in those coins.

Mentions:#FTX

tldr; A new regulatory-compliant crypto exchange called M2 is being set up in Abu Dhabi to replace major exchanges like Binance and FTX, according to venture capitalist Kevin O'Leary. O'Leary highlights the hostile regulatory climate in the US as a reason why innovative crypto firms are looking to build in other countries. He believes that Abu Dhabi's emergence as a competitor in the crypto space should serve as a wake-up call to American lawmakers and regulators. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

SOL doesn't really have any positive upwards momentum right now. Especially because FTX is such a massive bag holder.

Mentions:#SOL#FTX

About time too, it's been constant negativity and FUD since FTX crash.

Mentions:#FUD#FTX

I don't own any either, I was expecting it to go down further with the FTX fud but its made a very nice recovery and I missed the boat!

Mentions:#FTX

Bruh, you shilled FTX, I don't listen to anything you say

Mentions:#FTX

"This hasn’t been announced yet but in Abu Dhabi, they are planning to launch a new exchange to replace both FTX and Binance, and they’re going to get billions [of dollars] on it called M2. " He's saying Dubai are releasing their own exchange to take over the middle east market If the UAE government want they can kick binance out like the US have done It's absolutely possible.

Mentions:#FTX

He even got money for promoting FTX and later went out to say it was not his fault at all to promote a literal scam. Such a clown.

Mentions:#FTX

tldr; A new regulatory-compliant crypto exchange called M2 is being set up in Abu Dhabi to replace major exchanges like Binance and FTX, according to venture capitalist Kevin O'Leary. O'Leary highlights the hostile regulatory climate in the US as a reason why innovative crypto firms are looking to build in other countries. He believes that Abu Dhabi's emergence as a competitor in the crypto space should serve as a wake-up call to American lawmakers and regulators. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

But is the FTX hacker now one of the largest holders of Ethereum in the world.

Mentions:#FTX

He was a massive share holder and advocate for FTX so anything he says should be ignored.

Mentions:#FTX

Not really interested in what Kevin O'Leary's has to say. What's that about FTX again

Mentions:#FTX

Who is this 🤡 going to fool after the FTX debacle?!?

Mentions:#FTX

I think people are buying back in now that the FTX selling pressure FUD seems overblown.

Mentions:#FTX#FUD

I assume it’s connected to a former FTX employee

Mentions:#FTX

Yes, people realize the FTX dump was FUD and buy back in.

Mentions:#FTX#FUD

Seems FTX is still doing crimes even though their CEO is arrested.

Mentions:#FTX#CEO

tldr; Around 2,500 ether (ETH), worth just over $4 million, tied to last year's exploit of the FTX exchange, started moving for the first time in nearly a year. The funds were split into two and then moved through different transactions using privacy tools. There is still a significant amount of ETH remaining in the original wallet. The attacker(s) who stole the funds were never identified. These transactions come just before FTX founder Sam Bankman-Fried goes on trial for fraud charges. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#ETH#FTX#DYOR

tldr; The FTX exploiter, identified as address 0x3e9, has moved over $17.1 million worth of ETH in the past 24 hours. The address has transferred 7,749 ETH to the Thorchain router and Railgun contract, and swapped 2,500 ETH for 153.4 tBTC. These transactions have put downward pressure on the ETH price. FTX co-founder Sam Bankman-Fried is scheduled to go to trial in October, facing seven charges related to fraudulent activities. Despite pleading not guilty, Bankman-Fried remains in custody. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#ETH#DYOR

tldr; The FTX hacker, who stole hundreds of millions of dollars during FTX's collapse, has moved $8 million in stolen funds for the first time in 10 months. The hacker transferred 2,500 ETH, worth $4 million, using RailGun privacy wallet and Thorchain. The identity of the hacker and the technique used in the hack remain unknown. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#ETH#DYOR

20k during FTX crash

Mentions:#FTX

Imo FTX exploiter is probably an FTX insider

Mentions:#FTX

Not your keys, no valid proof possible This has already been demonstrated. When FTX collapsed, CEXs rushed to have their stashes proved. None of the proofs were valid. That's just the technical issue. If they solve that part of the problem, nothing prevents them faking the proofs

Mentions:#FTX

I still have a hard time beliving this exploit wasn't an inside job given how shady FTX was

Mentions:#FTX

SEC has initiated legal proceedings against FTX auditor. This is a win for everyone.

Mentions:#SEC#FTX

It's been almost a year since FTX blew up and it feels like 3 months ago.

Mentions:#FTX

It's just winter, I doubt this year would have gone differently without the FTX blowup

Mentions:#FTX

Anyone from FTX still having access to money is ridiculous...

Mentions:#FTX

Celsius, FTX, the twins and stupid ass Kwon fucked it all up for the little guys and some big ones as well.

Mentions:#FTX

Yes FTX gave us a hit, but the real reason is global economic recession and war in Ukraine.

Mentions:#FTX

tldr; The article discusses the challenges faced by the cryptocurrency industry in the year following the FTX exchange blowup. The fallout from the FTX collapse has led to skepticism and suspicion surrounding the asset class, with the trial of FTX's leader, Sam Bankman-Fried, adding to the cloud of uncertainty. The article highlights the decline in trading activity, the decrease in venture capital deals, and the shrinking job market in the crypto industry. Additionally, it mentions the struggles faced by crypto-related ventures, such as difficulty finding advertising platforms and investor skepticism. The article also mentions the various lawsuits and legal proceedings that have emerged in the wake of the FTX collapse. Despite the challenges, the article suggests that the industry may be reaching a turning point, with increased institutionalization and regulation. The future of crypto innovation is seen as more institutionalized, with traditional financial firms showing interest in blockchain projects and Bitcoin ETFs. While some individuals have become disillusioned with the industry, others remain open to returning if promising opportunities arise. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

tldr; The Department of Justice (DOJ) plans to call former FTX clients, investors, and staff as witnesses in the trial of Sam Bankman-Fried. The testimonies will shed light on FTX's treatment of customer assets and Bankman-Fried's conduct. The DOJ aims to emphasize the experiences of retail and institutional clients who trusted FTX to safeguard their assets. One witness from Ukraine may testify via video conferencing due to travel difficulties. Bankman-Fried's defense has raised concerns about the jury questions proposed by the DOJ, arguing that they may insinuate guilt and compromise the trial's impartiality. The trial is set to begin soon, highlighting the importance of transparent communication and unbiased questioning in upholding justice. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

FTX is cursed and a shit show magnet 🤦🏻‍♂️

Mentions:#FTX
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