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FintruX Network

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Reddit Posts

r/BitcoinSee Post

Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?

r/BitcoinSee Post

Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?

r/BitcoinSee Post

Why BTC will be sideways or downward for months..

r/BitcoinSee Post

in fact it was not a sell the news event

r/CryptoCurrencySee Post

FTX Is Unloading Crypto to Raise Cash and Pay Back Customers

r/CryptoCurrencySee Post

FTX Becomes Major Bitcoin Shorter Amid Efforts to Recover Customer Funds

r/CryptoCurrencySee Post

Repayments Incoming? Movement on Mt. Gox, Celsius. Nothing from FTX

r/BitcoinSee Post

ELI5: GBTC and dumping from FTX and other bankruptcies

r/CryptoMarketsSee Post

FTX Bankruptcy Probe Is Now Being Pushed By Judge

r/BitcoinSee Post

Time to Long BTC?

r/BitcoinSee Post

How much more will Grayscale dump?

r/BitcoinSee Post

FTX Sells Entire $1B GBTC Shares, Drops Grayscale Lawsuit

r/SatoshiStreetBetsSee Post

FTX sold about $1B worth of GBTC ETFs to pay creditors

r/CryptoMarketsSee Post

FTX Allegedly Behind Nearly $1 Billion GBTC Outflows, Contributing to Bitcoin Price Decline - Daily Coin Post

r/BitcoinSee Post

Global interest in Bitcoin at December 2020 level.. What shall come next?

r/BitcoinSee Post

Buying the dip. Personal opinion

r/CryptoCurrencySee Post

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

r/BitcoinSee Post

FTX unloads GBTC

r/BitcoinSee Post

FTX unloads GBTC

r/BitcoinSee Post

Daily chart, BTC buy signal. Last time this printed was 9 Nov, 2022 – FTX crash.

r/CryptoMarketsSee Post

FTX Sells Nearly $1 Billion in GBTC Shares

r/CryptoMarketsSee Post

FTX sold nearly $1 billion of Grayscale spot bitcoin ETF shares: report

r/CryptoCurrencySee Post

This market gets very emotional into extremism. With extremism in anti-crypto narratives during bear markets, and vice versa during bull markets. But don't blink, there is potentially a brief period of objectivity and balanced narrative in between the extremism.

r/BitcoinSee Post

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

r/CryptoCurrencySee Post

FTX Community Ponders Sam Trabucco's Disappearance

r/BitcoinSee Post

I’ve been studying hard wallets and wrote what I have learned. I would appreciate corrections if I was inaccurate, pls.

r/CryptoMarketsSee Post

Dismissal Looms for FTX’s Clawback Lawsuit Against Sam Bankman-Fried’s Parents

r/CryptoCurrencySee Post

Blockchain Quiz - Intermediate/Advanced Level

r/BitcoinSee Post

After FTX collapsed, scornful critics widely ridiculed Caroline Ellison's approach to stop losses: 'I just don't don't think they're an effective risk management tool,' she infamously told an audience during FTX's heyday. But did she have a point?

r/CryptoCurrencySee Post

Celsius Ethereum Strategy Unveiled: $125M ETH Shift to Repay Creditors Amidst FTX and Alameda Sell-Off

r/BitcoinSee Post

Looks like grayscale is this cycle’s FTX

r/BitcoinSee Post

FTX was permitted to sell assets back in Sept, "$560m" in BTC, is that enough to drop the price now?

r/BitcoinSee Post

ETF, paper Bitcoins and how will it end?

r/BitcoinSee Post

What happens if bitcoin ETF gets hacked ? Who is responsible for the financial loss ?

r/BitcoinSee Post

Bitcoin ETF is a joke.

r/CryptoCurrencySee Post

Soon people will start again to tell you not to FOMO, the same they did at 20k,24k,30k,35k,40k...

r/BitcoinSee Post

All the news of the ETF approval is nice and all, but the point still stands… buy actual Bitcoin

r/CryptoCurrencySee Post

SEC approves rule changes that pave the way for bitcoin ETFs

r/BitcoinSee Post

Gary Gensler is a bitcoin maxi, change my mind.

r/CryptoCurrencySee Post

Me, waiting for SEC announcement about ETFs…to buy that juicy dip in ALT coins.

r/BitcoinSee Post

The Orange Coin - Bitcoin For Dummies

r/CryptoCurrencySee Post

1 popular DEX is becoming more like a centralized exchange but worst actually

r/CryptoCurrencySee Post

ICP And the Intrinsic Negative Hype

r/CryptoCurrencySee Post

How Justin Sun used his TRX and BTT coins to exploit and Rugpull and already Rugpulled and desperate FTX customers.

r/BitcoinSee Post

ETF approval vs Epsien island attendees

r/CryptoMarketsSee Post

FTX Bankruptcy Battle Could Last Years, Expert Says

r/BitcoinSee Post

Are We on the Cusp of a 6th Green Monthly Candle for BTC?

r/CryptoCurrencySee Post

Anonymous poll: If you had losses from the 2022 bear market, how much have things improved in 2023 for your crypto portfolio?

r/CryptoCurrencySee Post

"FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k, ETH at $1258, and SOL at $16. FTX debtors argue that its estimate reflects the "fair and reasonable" prices of these cryptocurrencies".

r/CryptoCurrencySee Post

Is ICP A giant sleeping?

r/CryptoCurrencySee Post

Were attacks on ICP initiated by a master attack - multi-billion dollar price manipulation on FTX?

r/BitcoinSee Post

FIT21 legislation

r/BitcoinSee Post

FTX Creditors In Shock As Court Paper Priced BTC At $16,800

r/CryptoMarketsSee Post

Ex FTX CEO Sam Bankman-Fried Unlikely to Face Second Trial, U.S. Prosecutors Say

r/CryptoMarketsSee Post

Is it time to get back in?

r/CryptoCurrencySee Post

Getting funds out of FTX

r/CryptoCurrencySee Post

FTX debtors propose $16,871 Bitcoin price for creditor claims

r/CryptoCurrencySee Post

Crypto tracker

r/BitcoinSee Post

Bitcoin's 2023 Odyssey: Navigating the Peaks and Valleys of BTC Price Dynamics

r/CryptoCurrencySee Post

The so-called “experts” are starting to sound like the 2021 100k predictions

r/CryptoMarketsSee Post

FTX Debtors Propose Independent Agreement with SBF on Embed Acquisition Deal

r/CryptoCurrencySee Post

This sub's most hated blockchain is now top #4 of the crypto marketcap

r/CryptoCurrencySee Post

Why I would never invest in SOL, but happy for the people who made their gains.

r/CryptoCurrencySee Post

Why I sold $S0L at $14

r/CryptoCurrencySee Post

What had me convinced to sell Solana at $14 in March

r/CryptoCurrencySee Post

All crypto lost during wallet transfer

r/BitcoinSee Post

Any recommendations for fiat loan backed by bitcoin collateral? (US)

r/BitcoinSee Post

If FTX didnt collapse we would be up near $60k right now.

r/CryptoCurrencySee Post

So is Solana still considered a shitcoin?

r/CryptoCurrencySee Post

Guys, I don’t want to be rude or anything but not a single place or forum on Earth has trashed and hated Solana more than this sub. SOL is now number 4 by market cap and nearing a price of 100$ . What’s actually going on?

r/BitcoinSee Post

Bitcoin was the #1 Best Performing Asset in 2023, and at the beginning of 2023, they all said equities and bonds were the way. They thought I was crazy for buying bitcoin.

r/CryptoCurrencySee Post

Another 218K Stolen in a Phishing Scam . Maybe a Person of Interest?

r/CryptoCurrencySee Post

Anybody remember the ETH merge?

r/CryptoMarketsSee Post

FTX Files Plan to End Bankruptcy, Creditors To Collectively Lose Millions

r/CryptoCurrencySee Post

Best way to explain self custody to non-coiners

r/CryptoCurrencySee Post

FTX proposes plan to end bankruptcy

r/CryptoMarketsSee Post

FTX Unveils Amended Reorganization Plan Amidst Legal Cost Concerns

r/CryptoCurrencySee Post

FTX holdings got published - 15.445 mil SOL, 21K BTC, 113K ETH, 225 mil XRP, 23 mil APT

r/BitcoinSee Post

So how should I DCA?

r/CryptoMarketsSee Post

FTX Debtors’ Alarming Chapter 11 Plan Sparks Outcry Over Valuation

r/CryptoCurrencySee Post

Solana Rally Sees FTX's Holdings Grow to $4.2B, Setting Claims Market on Fire

r/CryptoCurrencySee Post

Why Bitcoin ETFs now after years of declining of the applications?

r/BitcoinSee Post

Is ledger bad now an if so what do I change to?

r/CryptoCurrencySee Post

Wallet Hacks & The BTC ETF

r/CryptoCurrencySee Post

Todays Ledger Hack & the BTC ETF.

r/CryptoCurrencySee Post

Actual Question and Potential Public Service Announcement

r/CryptoCurrencySee Post

Legitimate Question Here (100% Scammer Bot)

r/BitcoinSee Post

What is there to ensure that something similar to China mining ban or manipulation by FTX will not happen in 2025 bull cycle? Followup to earlier thread to disclaim all predictions since BTC didnt hit 100K in 2021.

r/BitcoinSee Post

Coinbase and Coinbase Custodian

r/CryptoCurrencySee Post

FTX: The Backstory

r/CryptoMarketsSee Post

FTX Set to Present Updated Reorganization Plan by Mid-December

r/CryptoCurrencySee Post

Block Market Index Debut! | Bitcoin Surge, Qatar's $500B Move, FTX Collapse, & GTA 6 Crypto Rumors!

r/CryptoCurrencySee Post

Crypto comes out on top after yet another round of fear and doubt. Here's a look at just the last 18 "end of crypto" and "look out below" panics we had in the last couple years. And after all that, crypto is still no closer to vanishing.

r/BitcoinSee Post

MicroStrategy is just more FAKE Bitcoin. Don't buy it.

r/BitcoinSee Post

MicroStrategy is just more FAKE Bitcoin. Don't buy it.

r/CryptoCurrencySee Post

Is this a big bull trap?

r/BitcoinSee Post

Going Infinite the book about FTX and SBF by Michael Lewis

r/CryptoCurrencySee Post

How would you spend $40K?

r/BitcoinSee Post

Unchained Capital next to go under?

r/BitcoinSee Post

Take your bitcoin off exchanges

Mentions

Visit 2021 Reddit posts.  Lots of people were in your shoes before getting rugged with FTX and Terra Luna.  You’re in a casino.  No matter what, house wins the majority.  For all we know, if you’re going to take home your wins, you’ve got to make sure your second job isn’t going to hamper your ability to monitor the markets and especially the F&G index. Massive blinking light and screaming 😱 signals as the greed index hits very high numbers.  Get out early and alive rather than try to get greedy thinking you’re going to beat the crowd out of the casino.  🎰… 

Mentions:#FTX

FTX was the biggest. Celsius wasn't a full exchange, but another high profile example.

Mentions:#FTX

It's funny, because a friend of mine invested 50k (life savings plus business loan) to buy bitcoin before it came big. Sadly, he lost around half to FTX. I should ask him if it was him.

Mentions:#FTX

I put everything into BTC when FTX collapsed. Around 18k. Not as low as this fella but Im doing ok. I still joke with my wife cause she dropped 5 figures of her own savings into renovating the kitchen a month or so later. I told her to buy BTC and wait instead, she didnt listen.

Mentions:#BTC#FTX

My gosh I don't know how we got to a place where people legitimately believe, truly, that an entity like Schwab, Vanguard, or Fidelity is some giant house of fraud. If I had an assistant I would ask them to compile a daily list. One column would have all instances of lost seed phrases, hacks, cons, FTX collapses, coinbase "frozen funds, and all the other nonsense that has robbed normal people of their savings. The other column would have "number of people who forgot their password to Vanguard and lost their life savings" which is zero. It would also have "number of people who bought amazon stock through Schwab and logged on and it was STOLEN" lol. Also zero. I BELIEVE in bitcoin. I also trust financial institutions to abide by the law and agree to hold my stocks, bonds, commodities, and bitcoin (ETF) legally and without issue. The rule of law still exists, folks. Nobody can simply rob your stocks. Jesus.

Mentions:#FTX#ETF

He had it all on FTX

Mentions:#FTX

The purpose of cold storage is avoiding your bitcoin getting lost in an exchange collapse like Mt. Gox or FTX. If you have it in cold storage the attacker has to have your device or your seed phrase to steal your bitcoin unlike a hot wallet which is on a device that is always online like a phone or computer and is more susceptible to attacks. With a cold wallet if you get hacked you messed up and sent a transaction you shouldn't have, or someone found your seed phrase.

Mentions:#FTX

Simple, you let a reputable company like Celsius, Voyager, FTX, or Gemini hold your bitcoin and they'll loan you USD, then you come back later and give them slightly more USD than they gave you and you get your BTC back, nothing could ever go wrong.

Mentions:#FTX#BTC

Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/members/0x1d7a9641dcccfe07c722bede8b3c2221cc19d4ca/activity/23482/ Happy Friday! Sticky inflation and weakening jobs data are setting up an “almost ideal” backdrop for bitcoin, as investors hedge against currency debasement and macro uncertainty, Xapo Bank Investment Manager Gadi Chait told The Block. In today’s newsletter, Tether unveils its new USAT stablecoin, CleanCore Solutions buys more DOGE, the FTX estate redeems $45 million worth of Solana from staking, and more. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Mentions:#GP#DOGE#FTX

FTX had a superbowl ad……and then went insolvent. Not a wallet but an exchange. Hot wallets are subject to malware infiltrating phone and stealing seedphrase.

Mentions:#FTX

People thought mtgox, quadriga or FTX are pretty solid. Until they went belly up. There's also this [6102 thingy](https://en.wikipedia.org/wiki/Executive_Order_6102), that might, might not happen again. Be careful there.

Mentions:#FTX

Yeah, that’s been a cloud over SOL for a while. Every time price rallies, the thought of FTX/Alameda unloading more tokens hangs overhead. On the flip side, a lot of that supply has already been absorbed by the market, and Solana’s ecosystem growth has kept demand strong enough to offset some of the selling pressure. For me, it comes down to the timeframe. If you’re trading short-term, those big unlocks/dumps can wreck momentum. If you’re holding long term, each sell-off could be a chance to scale in cheaper as the supply overhang gets cleared. When I rotate in/out of SOL around these events, I usually use an aggregator like [Rubic](https://www.reddit.com/r/Rubic/) since it sources liquidity across chains and minimizes slippage during volatile periods.

Mentions:#SOL#FTX

tldr; Coinbase has requested a federal court to sanction the SEC after nearly a year of text messages from former Chair Gary Gensler were deleted. The missing records, covering October 2022 to September 2023, coincide with significant crypto events like FTX's collapse and enforcement actions against Coinbase. An internal SEC probe attributed the loss to poor device policies and recordkeeping. Coinbase argues this undermines transparency and accountability, calling for sanctions and expedited discovery to assess the extent of the loss and its implications for regulatory oversight. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

tldr; Sam Bankman-Fried, former CEO of FTX, is appealing his 25-year prison sentence for seven felony counts related to the $8 billion collapse of the crypto exchange. His legal team argues the trial was flawed, claiming he was unfairly tried and customer funds were not permanently lost. SBF also alleges procedural injustice in FTX's Chapter 11 process. Oral arguments for the appeal are scheduled for Nov. 4, 2025. The case remains significant for both legal and crypto communities, with potential implications for the industry. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#SBF#DYOR

Wrong 2021 bought @ 47 2023 bought @ 37-43 2025 bought @ 74 But not the amount i would, after FTX had my money. My failure

Mentions:#FTX

On my way back into btc / investing / progressing thru depression after FTX fu**ed me up I'm not native english speaking & just writing how i think its right Maybe thats the problem here 🫠

Mentions:#FTX

You would lough when i tell you that i have my ledger since 2021 & hodling some SATS on it still but tranferred fiat to FTX to buy big & shortly after that FTX went down 💀🪦

Mentions:#SATS#FTX

Have you gone thru a thing like FTX? Its deep in my head. I am glad that i found my way to buy some SATS at 40 & 70k, but now my mind blows up with BTC at 6 figs

Mentions:#FTX#SATS#BTC

Thank you for your POV :) No, mining isnt a point for me. It's not worth the investment into some rigs etc. I just want to buy BTC but have some issues with myself after the whole FTX stuff and now been trying to talk / write with OGs to find back to me and my plan from back then

Mentions:#POV#BTC#FTX

>wouldn't that still undermine the value of your "real" BTC? It definitely would. But the ETFs are going to be able to do in-kind redemptions at some point. Meaning, they already custody with Coinbase so if you own the ETFs and want it to be real Bitcoin they'll move it into your Coinbase account and then you can move it to self custody. This limits their ability to play games. No one wants to be the next FTX.

Mentions:#BTC#FTX

The ETFs are going to be able to do in-kind redemptions soon enough. So that limits their ability to play too many games. Any bank run would turn a company into FTX if they're not careful.

Mentions:#FTX

>why would I own that when I can have the actual valuable thing. You might not, but many people will and so that's going to mean less people buying actual Bitcoin. On top of this, if ETF companies were allowed to sell paper Bitcoin without backing it with real BTC, then that's also less real BTC being bought. Additionally, if an exchange or a fund is selling Bitcoin that they don't own and this comes to light, then it undermines confidence and crashes the price, just as with FTX. Even if it only undermines confidence in ETFs, then people sell their ETFs and the legitimate funds, who *do* actually have it all backed, have to sell actual BTC, thereby also having a price impact.

Mentions:#ETF#BTC#FTX

I expect something similar to LUNA & FTX, maybe on even bigger scale now that more money is involved.

Mentions:#LUNA#FTX

Gemini seems to have some deeper regulatory pressure than others, my own impression. Maybe because they're in NY? Not sure. After the fiasco they had where peeps funds were in limbo after Bankman Fraud of FTX cause so much distress and collapse, Gemini still hasn't recovered from that. I've lost general trust in them so only keep a few things there. I liked the idea of using a few cex for safety or whatever but I haven't been excited about them again. I noticed the stablecoin change because I was selling off a couple things. It seems USDT is kinda sketchy without a published audit but I lack any real knowledge or background, sorry for a long rant lol

Mentions:#FTX#USDT

Yeah, every few years we'll see an FTX situation so it's not perfect. Bitcoin is the worst choice, unless you compare it to any other option.

Mentions:#FTX

Solana’s definitely had one of the wildest rides in the past few years. From “ETH killer” hype, to the FTX collapse dragging it down, and now this big comeback narrative. If you’re asking whether it’s worth paying attention to: yeah, a lot of people are. The ecosystem has been buzzing again thanks to memecoins, high throughput for cheap fees, and dev activity picking up. A couple things to keep in mind: * Volatility is brutal - SOL tends to swing harder than ETH or BTC. Great if you’re trading, stressful if you’re holding. * Network stability - they’ve had downtime issues in the past, though it’s been more stable lately. That’s still a risk some institutions won’t overlook. * Ecosystem strength - memecoins are flashy, but what really matters long term is whether real projects and users keep building on it. If you’re just looking to get exposure, most big exchanges list SOL, but if you’re swapping between chains or tokens, tools like [Rubic](https://www.reddit.com/r/Rubic/) can help route liquidity across Solana and other networks without juggling bridges manually. That can save some headaches with slippage and fees.

Clock is ticking to find the next LUNA/FTX/Celsius

Mentions:#LUNA#FTX

No one hates on Coinbase. Actually I take that back 🤣 Jokes aside… the issue isn’t Coinbase it’s the fact that your Bitcoin is held “in trust” with Coinbase meaning it’s not yours until it’s in a wallet you own. If Coinbase goes bankrupt (like FTX) you’re basically losing your assets held on there.

Mentions:#FTX

What are you going to do with it? So if you have made a few hundred thousand, use it wisely. I did in 2021, bought about the same time you did. Paid my house off, then I bought again on the FTX crash and I have been scaling out. there's nothing wrong with diversifying your investments, just don't give back your gains

Mentions:#FTX

Doesn’t matter. As long as it’s on the exchange, it doesn’t belong to you. Did FTX disaster teach you nothing? Mt.Gox ring a bell? Celsius? Voyager? BlockFi?

Mentions:#FTX

I think HyperLiquid, $HYPE, seems pretty good. Its the legitimate version of FTX (which was worth a lot!!). I say that because their wallets are decentralized.

Mentions:#HYPE#FTX

I have mine safely stored on Celsius and BlockFi. Die you ever try the new platform called FTX? I heard they have the highest yield.

Mentions:#FTX

Not just Stategy but yeah my feeling since July is all these zombie companies issuing debt to buy crypto for their treasury is gonna be the next bear market FTX event.

Mentions:#FTX

tldr; The SEC is facing criticism after a report revealed that preventable IT errors and poor oversight led to the loss of text messages from SEC Chair Gary Gensler's official phone during the critical period of the FTX collapse. Gensler's phone stopped syncing in July 2023, and an automatic wipe policy erased data after 45 days of disconnection. A subsequent factory reset by the IT team permanently deleted messages from October 2022 to September 2023, overlapping with FTX's bankruptcy and legal proceedings. Critics, including Coinbase's CLO, have called this a 'destruction of evidence.' *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#CLO#DYOR

Not sure comparing Coinbase to FTX is accurate.

Mentions:#FTX

Where I can buy Bitcoin the cheapest way? I got .01 Bitcoin from Robinhood but I want to buy even cheaper and reliable. Not something like CX Quadriga or FTX…Any suggestion?

Mentions:#CX#FTX

Correct covid and FTX were the instruments that started the 2021

Mentions:#FTX

Nice, So i assume they're funneling money from THAT into loans/investments. Similar to FTX

Mentions:#FTX

I had used and had crypto on both Mt Gox and FTX but withdrew to my own wallets when I wasn't actively transacting there, so I was totally in the clear when both of those went under. The only place I don't do self custody is with the crypto ETFs in my IRA and Roth IRA, but those brokerages are a lot more established than any crypto exchange.

Mentions:#FTX

I don't trust Gemini much. Everything i had on it was frozen for about 2 years following the FTX crash. They did a good job recovering the assets but their customer support is shit. I also have their cc, i loved using it as well for the BTC cash back but I'm not keeping anything on their exchange. Also, i averaged about 500$ from June 2024 to June 2025. It's not bad, but it's not much either (note that it is not my only credit card)

Mentions:#FTX#BTC

Bitcoin have been coming off the exchanges for 2 years straight. All of a sudden different exchanges offering different things to get it back on their exchange(Robinhood offering 2% on crypto sent in, Coinbase credit card etc…)They hold custody and if it takes off nothing stopping them from rug pulling their customers or taking it if it becomes super valuable. Or they don’t have enough BTC and are selling paper btc…..Think FTX. Seems coincidental.

Mentions:#BTC#FTX

So in your opinion, we'll see a bunch of exchanges go belly up (similar to FTX and the others of the last cycle) if we go into a steep correction?

Mentions:#FTX

Not your keys, not your crypto. Didn't we learn this the hard way last bull run? FTX was offering 8% APR for any USD or BTC you held on their platform. Once they rug pulled it was obvious they were doing it for the liquidity.

Mentions:#FTX#BTC

they were going to bring FTX in under safe harbor

Mentions:#FTX

tldr; The SEC's Office of Inspector General revealed that nearly a year of former Chair Gary Gensler's text messages were lost due to an IT error that wiped his government phone. This period included significant crypto events like the FTX collapse and the Grayscale Bitcoin ETF lawsuit. The absence of backups and weak procedures exacerbated the issue, raising concerns about compliance and transparency. Critics, including Coinbase's legal officer, highlighted the irony of the SEC's enforcement of record-keeping rules while failing to preserve its own critical communications. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#ETF#DYOR

Isn’t that where the FTX crew met?

Mentions:#FTX

And so it should have been back then, it was new, nascent and rife with all types of shenaniganry. Yes the Dems have been harder on crypto but 1. Trump never did anything for crypto in his previous term and also slandered it. He is only backing it now because it could be used politically and the Silicon VC's were willing to turncoat just to get their aim of getting crypto pushed which of course thankfully is happening, For me it is how it has been done. I have no issue with it being the republicans having been the ones pushing it, the problem is Trump and the association with him, he should have just approved all relevant regulations and just shut up about it, now unless you're a MAGA cuck or some right wing/libertarian type/someone who was already into crypto you now see crypto as not only a scam after FTX/Luna etc but associated with the no1 grifter in the world. Not good for crypto, crypto will be fine long term but this is a set back in public perception. I think crypto needs a rebrand tbh but no matter what in a few years everyone will be using crypto but it will be the back end rails and they won't even know they're using it.

Mentions:#VC#MAGA#FTX

If exchanges buckle during a Tether collapse, a multi-year crypto winter is likely. USDT’s 70%+ Bitcoin trading volume drying up could tank liquidity, like FTX’s 2022 crash that wiped out $1T and sent BTC down 75%. Weak exchanges could spiral, delaying recovery.

Mentions:#USDT#FTX#BTC

CRO is right up his alley. Ridiculous fees and spread, shady marketing, the decision to "unburn" their token supply and give it back to themselves. It was predictable that out of all the exchanges not currently in deep shit, they would be the ones to align themselves with a con artist. FTX would have done the same.

Mentions:#CRO#FTX

I had a long ‘conversation’ on Buttcoin with someone who supposedly takes pride in defending his aunt to stop her from investing in FTX. That imaginary aunt suddenly appeared when he ran out of arguments to try to invalidate everything I said.

Mentions:#FTX

November 2022 - FTX Collapse

Mentions:#FTX

Sam Bankman of FTX discouraged 🫤

Mentions:#FTX

I had the same with FTX. Only in a matter of hours instead of a month 😅

Mentions:#FTX

As a previous Celsius and FTX yield seeking enthusiast I would strongly recommend against this.

Mentions:#FTX

FTX/Celsius 2022 Not worth it….

Mentions:#FTX

So be bullish on Enron and FTX?

Mentions:#FTX

If FTX users had held their own keys in any personal wallet hot or cold, their funds would be safe? A hot wallet, the keys are stored on a device connected to the internet, like a phone or desktop app. It's convenient for transactions. A cold wallet, the keys are stored on a device that is kept completely offline, like a hardware wallet. It's the most secure way to store crypto. Both hot and cold wallets are non custodial, which means you and only you control the private keys. Someone who held their Bitcoin in their own hot wallet was completely unaffected by the FTX collapse.

Mentions:#FTX

Yeah tell that to FTX users

Mentions:#FTX

Oh, I’ve learned a lot. I had a whole lot more bitcoin but sold it for Solana and tons of other alt coins that basically went to nothing and my NFT’s were stuck on FTX but at this point, I am sticking with bitcoin related investments.

Mentions:#NFT#FTX

Hence, I used “generally” because it was around there for a few weeks of the worst possible FUD campaign, FTX blowup an SBF trial. If you bought during that fiasco, you are feeling pretty good right now…

Mentions:#FUD#FTX#SBF

Yeah, let's totally ignore the *real corruption* that has been SBF, FTX and all the Democrats he was feeding,..like so many panicking rats when the ship went down...

Mentions:#SBF#FTX#rats

I’ve been with CDC for 5 years and never had a problem. It’s great for beginners and I’ve learnt heaps in the at time, like the difference between the app and the exchange. I must admit, I was a bit nervous when FTX went under but CDC has been fine and earned my trust over time.

Mentions:#FTX

I love CDC. I’ve been with them for almost 5 years and I haven’t had a single issue with them. They’re trading fees are comparable to any other exchange. People complain about their support but again, I’ve never had a problem. They answer my questions and for the couple of minor problems I’ve had, they’ve fixed it easily. I’ve also made nothing but money from holding CRO and by using their card and collecting cashback rewards. It’s usually uninformed people who feel this way. They survived the turmoil during the FTX and Celsius collapses and have had no problem verifying their reserves. They are also very compliant to international regulations regarding crypto so that they can stay operating within their frameworks. They’ve grown steadily over the years and have huge corporate collaborations with things like UFC, Formula One and even their crypto.com Arena in Los Angeles. They don’t get that big by being shady.

Mentions:#CRO#FTX#UFC

I buy things all the time with Bitcoin. Beer, ice cream, burgers, creatine, BJJ membership, water, etc. Anonymous is not the point of Bitcoin though Bitcoin can easily be sent with excellent privacy. Account at coinbase is a great idea. Why not have one at Quadriga or FTX too while you're at it LOL. The ETF isn't a terrible option as an investment but it's clearly not equivalent to self custody Bitcoin, all things considered.

Mentions:#FTX#ETF

This! I have a gut feeling MSTR will be the next cause (or accelerator) to push the crypto market into the next bear market. Just like FTX did in Nov. 2022.

Mentions:#MSTR#FTX

Just get a Trust Wallet. I lost over $100k on an exchange that collapsed with the FTX scam.

Mentions:#FTX

Next FTX is being set up!

Mentions:#FTX

FTX!!!!!!! 💁🏼‍♂️

Mentions:#FTX

tldr; The White Whale, a crypto trader, accuses MEXC of freezing $3.1 million of his funds and demanding in-person KYC verification in Malaysia, which he deems unsafe and against the exchange's Terms of Service. Legal action is reportedly unfeasible due to MEXC's structure, prompting a community-driven campaign for accountability. The case highlights broader concerns about centralized exchanges' transparency and proof-of-reserves practices, echoing fears of another FTX-style collapse. MEXC denies misconduct but maintains its stance on compliance requirements. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

One day you all will learn to keep your funds off these Centralized Exchanges. Have we learned nothing from FTX?

Mentions:#FTX

I'm not sure but I'm going to be mad if it actually gets there 😂 I bought two BTC and 2018 and felt like a champ paying my house off in 2021, picked up another half during the FTX crash, sold the majority of it by now but still have some. Actually come to think about it I already did have one of those situations where I spent a few thousand dollars on a crypto related product only to watch it go up like a hundred x in 2021. I felt pretty good turning 3,000 into 7,000, at the top my 3000 would have been worth a little over $300,000

Mentions:#BTC#FTX

All in. Once you are 2-4 years into it the down swings don’t matter if you are employed or have a business and making regular pay. Even through the FTX slump just kept stacking. I only keep enough cash to make my bills and when the next pay day hits I stack all the cash from the previous pay period. I also DCA2BTC every week day $20.

Mentions:#FTX#BTC

Lol, accumulated with dca around 10k and saw it drop to 2.5k. Believe me. Still depressing as f*k. Not the end of the world but you feel so stupid for believing so much in that 100k, and then FTX comes along. So my 2 sats: Wait another 12 months. If the bearmarket didn’t hit yet feel free to do a lump sum then.

Mentions:#FTX

Again, all of these are not facts but your opinion.. I'll give you the benefit of the doubt that you dont know what you are talking about and answer but its my last reply since it seems like you already have made up your mind: 1 MCO -> CRO swap was already discussed multiple times.. Originally CDC started ONLY as a crypto card where the amount of MCO was enough.. however, they scaled the business to the exchange, blockchain, and other services like loan etc.. so simply if you want to grow/scale as a company, you need to have more to offer hence the swap.. Was it a popular move? No, of course not - was it a good one in long term? I guess so, otherwise today CDC would be a debit card thing only, MCO was not designed to support 1/100 of what CDC has become. Also, the swap wasn't bad in terms of $ value, in terms of total supply and % of what you owed of course it was bad.. 2 CDC didnt rug credit card holders at all, nobody promised you anything forever and then went back on it. They advertised in the full bull run/altcoin season when their volume was high and they could pay the high(er) rewards.. When it was obvious that the winter is coming, the volume and business dry they were the first company to reduce the rewards and everyone was saying "its over, they are insolvent, get funds off, etc etc" fast forward, it was a GREAT decision for holders, because the ones that moved to the companies that didnt do it like FTX, Voyager, Celsius, Nexo, etc.. all got rekt and most of those companies went bankrupt because they couldnt run business the same way in bull market and bear market because simply there are not really nearly same amount of influx of money for CDC to offer those rewards 3 70B of unminted supply is over 5 YEARS, and again there is a different angle than what you are saying - the chain was dead, CRO has no upside for last 2 years.. In order to fund new development, incentives, partnerships (and bribes) they need money. All companies do this, the profitable companies raise funds to further their grow and scale, they don't use their own profits... None of these recent developments would not happen without this so if you'd rather cronos be a dead chain then yeah, unminting was bad.. something drastic needed to happen and let's see what comes out of it.. have we just continued to go on the same path the last few years, CRO would certainly be on a path to dead. People like you trash on CRO any chance they get, yet support BNB and give it as a "good example" because they artifically pump the price by doing the buyback and burning their supply. Sure, its good for your bags but thats shady as shit, aslo their previous CEO literally went to jail for BNB doing illegal activities but lets pretend it doesnt exist because "they burn supply" xD Again, its PERFECTLY fine to not like the decisions they made, to hate Trump and to not invest in CDC/CRO - 10000000% its fine, but dedicating hours every few days into marketing your opinion is "facts".. I'm just worried about you buddy, do you really have no better thing in life to do?

Mentions:#CRO#FTX#BNB

Any crypto with a ceo/creator that has "israeli"/zionist ties. Including exchanges, I'm looking at you FTX.

Mentions:#FTX

BNB, because Binance is so shady. I prefer FTX. That SBF guy is such a smart guy. I trust him with my entire portfolio! Not like the _shady_ Binance.

Mentions:#BNB#FTX#SBF

There's absolutely no way that's true. Exchanges have a long history of losing people's coins in the hundreds of thousands, worth billions of dollars. From ChatGPT: - Feb 2014 Mt. Gox ~750,000 BTC customer funds (850,000 BTC incl. company funds; later ~200k BTC found) ≈ $473M (value cited near filing) Gox reported ~750k customer BTC + 100k of its own “worth around $473M” near the time of bankruptcy; later said total missing ≈650k after finding 200k BTC. Aug 2016 Bitfinex 119,756 BTC ≈ $72M One of the largest single-incident BTC thefts from an exchange. Sep 2012 Bitfloor 24,000 BTC ≈ $250,000 Hot-wallet theft disclosed by the exchange. - Jan 2015 Bitstamp ~19,000 BTC ≈ $5.1M Hot-wallet compromise; exchange later resumed operations. May 2019 Binance 7,000 BTC ≈ $40–41M Single withdrawal during a “large-scale” breach; Binance covered user losses via SAFU. - Sep 2018 Zaif (Japan) 5,966 BTC ≈ $59–60M Hack of Tech Bureau’s Zaif; BTC portion explicitly reported as 5,966 BTC. - Jul–Aug 2011 Bitomat (Poland) ~17,000 BTC ≈ $220k Operator lost access to wallet.dat; exchange put up for sale to repay users. 2022 - Celsius lost $4B in BTC, FTX $8B in customer funds misplaced + a nearly $500M hack on day they filed bankruptcy, Voyager lost $1B+, and Blockfi $300M

Mentions:#BTC#SAFU#FTX

That worked well for FTX and Blockfi users.

Mentions:#FTX

Awesome, that completely eliminates that concern! I'd be wary if it had a mandated limit for withdrawal, because that would imply that they want you to keep your stack on their server for... reasons... lol. But, having no mandated limit and allowing you to choose your own (if you want) is a very good thing for security! Do they have good metrics / fundamentals? i.e., is there little reason to suspect their exchange will crash or go bankrupt and they'll steal everyone's BTC like FTX or whatever?

Mentions:#BTC#FTX

Bro out here already writing FUD fanfiction for 2035. Bitcoin’s survived governments, bans, China, Mt.Gox, FTX… but yeah, Skynet wallets in 10 years will be the final boss

Mentions:#FUD#FTX

I know it is unpopular, but I want to say that custody is an important and personal decision. There are pros and cons to it which should be evaluated by each holder to determine what is most appropriate for them. Further, Coinbase is not like any of those listed as they have specifically leaned into regulation and regulatory transparency. The companies mentioned had to/wanted to avoid regulation and sought out jurisdictions to avoid oversight. Coinbase not only operates as a US company but further as a public company is subject to more oversight in meeting exchange requirements which as published quarterly I’m in NO WAY saying they cannot or won’t fail; I’m saying that a failure like Celsius or FTX is much lower as there are far more eyes on it. There are advantages to keeping assets in custody. Each person should evaluate this very important decision and decide for themselves, after having weighed the pros and cons of each.

Mentions:#FTX

something "felt off" bc crypto-smart people were alerting everyone weeks before it happened. I successfully got 99% of my ETH off Celsius like 2-3 days before they froze withdrawals. I almost got f\*ked by the whitelist thing but luckily I had a few days to spare between Celsius, FTX, Voyager, and LUNA (went from like $90 to $0 in literally 2 days) that was the most brutal experience in crypto I ever had. There was also massive fear in DeFi.. BTC was already falling from its $69k ATH. But those CeFi failures and LUNA going to $0 made it exponentially worse and that's how BTC ended up below $20k just 2 years ago.

This is bullrun bro, nobody cares about self custody until another FTX / Celsius happened.

Mentions:#FTX

Enron’s a great example of why due diligence works. A company called Digeny looked to acquire Enron a few months before its fraud was revealed and it collapsed. Digeny announced the deal and went into due diligence. Within a week or so they walked away. Enron had been able to fudge audits of the financials they shared with the SEC and the public as they had a complicit accounting firm. But Digeny also came to the table with an army of very smart accountants and lawyers who had no motivation to go along with the fraud. Those accountants and lawyers were actually very motivated to find problems - because problems can knock down the price. FTX had a similar situation. They wanted to sell and Binance came to the table. Almost immediately after receiving their financials Binance walked away and soon after FTX had collapsed - many say because of this act of walking away. When a giant company comes to the table to purchase another company, it’s very hard to hide fraud from their lawyers and accountants in the process of due diligence.

Mentions:#FTX

I’m of the mind most won’t own bitcoin directly for a while, it’ll take a 16102 style seizure /FTX style blowup of like blackrock and JP Morgan chase simultaneously for fucking around with paper BTC or some kinda “sophisticated” investment strategy. They’ll be the horror story their sons and grandchildren remember as a cautionary tale as to why they self custody. not until then what we see the level of mass individual adoption, but the thing was meant for in my honest opinion. I almost feel like we have to have a great depression style lost generation of people that just get absolutely wrecked as we transfer from Fiat to bitcoin

Mentions:#FTX#JP#BTC

"Not your keys, not your crypto." No offense intended, but every bull run brings in a lot more new people that haven't had the pleasure of being rugpulled before. It also prompts a lot more rugpull schemes to be created, which tend to prey on these new people. When the bubble inevitably pops and the market crashes (as it has done each cycle so far), a lot of legitimate companies that never intended to rugpull anyone end up taking their customers down with them. I personally had multiple BTC on both Mt Gox and on FTX back in the day, but because I kept my crypto in my own wallet I wasn't impacted at all when they went under. There have been dozens (if not more) of exchanges and platforms that have gone under (or been rug pull schemes) over the years, and I'm sure there will be another round of them this cycle. The only way to keep your crypto truly safe is to keep it in your own wallet. The only crypto that I own that I don't keep exclusively in my own wallets is: \- Airdrops and various other freebies that aren't worth enough to bother with moving. A few hundred bucks worth of junk mail that may or may not have enough liquidity to even sell. \- BTC and ETH ETFs that I hold in tax advantaged accounts (401k and Roth IRA), bought with funds that otherwise would have bought stocks or index funds. These are in brokerages that existed well before crypto was a thing, and are more involved than the general market than in crypto. If these brokerages go down our economy has a *much* bigger problem.

Mentions:#BTC#FTX#ETH

I agree 100%. It's funny; I used to watch Invest Answers on YouTube in 2022 talking negatively about Binance, while all the shit scams he promoted (FTX, Voyager, Celsius and Luna) have disappeared, yet Binance is still here after two $14 billion bank runs. Now he's an Elon Musk fanboy, cherry-picking data to promote his agenda.

Mentions:#FTX

Stock brokers are regulated, crypto exchanges are not. Many CEXes have went under during the years, not to mentione FTX with many billions of dollars that went under just a few years ago. Do you honestly not see a difference between the two?

Mentions:#FTX

The funny thing is even after MtGox, Quadriga, BlockFi, FTX, Celsius, and all the others, some people will still be like "Holding on Coinbase/Binance/Kraken is fine, better than self-custody!" And that's with the exchanges now f'ing them with AML/KYC. Can't fix stupid.

Mentions:#FTX

It has only been 12 years since people had a pretty good idea there are cycles. That is not a lot of data. I would not bet my house on the timing of the cycle, the cause of the cycle, or anything besides there is a cycle. Any economy moves in cycles that tend to be around 4 years. Just because they happened every 4 years the past three times does not make it reproducible. A lot of different exogenous factors affect it, not necessarily scarcity from halving. FTX and Block Fi were not in the White paper. ICOs were not in the white paper. Black rock, Strategy and Trump were not in the White paper. TLDR: I think there is a cycle. I think the 4 years isn’t necessarily a constant. We can only guess on what the cause of cycles is.

Mentions:#FTX

december 2022? That was the FTX dip, wasn't it? My son had started his apprenticeship that year. He asked me then "can i give you 200€ to put into bitcoin, i guess it'll never again be this cheap". This year he sold to buy his car.

Mentions:#FTX

We all make stupid mistakes. I panicked an sold everything when FTX bombed. It's brave of you to share it, bro. Welcome to the group.

Mentions:#FTX

Imagine if you had 12 through FTX and they liquidated it from 2/22/22 price. Not totally complaining…Never thought I’d see any money. At this point anybody even remember 1/2018 around $18,000…..sell offs. I got lucky and grabbed majority of mine a month later…..so still did OK? Was hoping would give half bitcoin back

Mentions:#FTX#OK

I'll never understand selling something just based on price (other than actual trading obviously). If you invested in something because you believe in its value long term being higher, why sell it if you don't need the money? Despite the drop in price, due in part to forced liquidations of scams of the likes of FTX and Celsius, the fundamentals of Bitcoin had not changed.

Mentions:#FTX

Isn’t that what FTX did?

Mentions:#FTX

Yeah better to use FTX. That SBF looks like a pretty smart and trustworthy fella.

Mentions:#FTX#SBF

It helps to keep a level head, and to keep an eye out for what kind of news is potentially moving the market. Whether it's macro-economic like today's rate cuts, or something specific to crypto (ETF's launching, Bitcoin Reserve adoption, Terra Luna / FTX collapse, etc). Even for specifics, depending on what coin(s) you own, it's helpful to stay on top of what's going on. Sometimes teams make huge partnerships or developments, and sometimes their team collapses or gets caught-up in a scandal or lawsuit. The S.E.C. naming specific alts as unregistered securities a couple years ago was a big one. That's why today was a relief. It was clear that crypto was dropping along with the de-risking sentiment from the rest of the stock markets, but we couldn't know for sure what the Fed's approach would be until today's meeting.

Mentions:#ETF#FTX

tldr; Kroll, a financial advisory firm, faces a class-action lawsuit over a data breach that exposed personal information of FTX, BlockFi, and Genesis creditors, leading to daily phishing attacks. Filed by Hall Attorneys, the suit alleges negligence and compromised claims verification processes, causing delays and losses. FTX creditors report frequent scam emails, and the lawsuit seeks damages and operational changes at Kroll. The breach occurred in August 2023, with another reported earlier in March. FTX's third reimbursement round begins Sept. 30, totaling $1.9 billion. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#FTX#DYOR

So we've had four "cycles" and people think they can extrapolate from that? It seems that the '22 crash was mostly due to FTX collapsing. And adoption was so low prior to 2018 I wouldn't think much of any significance can be gleaned from that performance. Yah, so I don't buy the four year cycle story.

Mentions:#FTX

Yeah this space has matured a lot but it's still pretty wild west in some areas. At my firm we handle this exact type of R&D for clients and honestly the mechanics are simpler than most people think but the risk management is where things get complex. Basic structure is you deposit crypto into a smart contract or custodial account, they give you a loan typically 25% to 70% of your collateral value depending on the asset. Bitcoin and ETH get better rates than altcoins obviously. Interest rates range from like 5% to 15% annually depending on the platform and your loan to value ratio. For reputable platforms, Nexo and BlockFi used to be the big names but BlockFi went under during the FTX mess. Nexo is still around and has decent institutional backing. Celsius also collapsed spectacularly so that whole space got shaken up. These days you're looking at Aave for DeFi options, or more traditional players like Genesis though they had their own issues. The big pros are no credit checks, fast approval, and you keep your crypto exposure. Cons are liquidation risk if your collateral drops in value, usually pretty high interest rates, and counterparty risk if you're using centralized platforms. Liquidation thresholds are the killer feature you need to understand. Most platforms will start selling your collateral automatically if it drops below a certain value. This happened to tons of people during the 2022 crash when ETH dropped 70% and loans got liquidated at the worst possible time. Our customers who use these products successfully usually over collateralize significantly and have stop loss strategies. The ones who get wrecked treat it like free money and max out their loan to value ratios. DeFi protocols like Aave give you more control but you're responsible for monitoring your own positions. Centralized platforms handle that for you but then you're trusting them with custody. Terms are usually pretty flexible, often interest only payments with no fixed payback schedule as long as you maintain adequate collateral.

Mentions:#ETH#FTX