Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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Me, in May, writing about failed crypto: “Sam Bankman-Fried, the founder of FTX, listed Luna and Terra on his exchange despite having a pretty good idea of what was going to happen.”
The New York Times, today: “Federal prosecutors are investigating whether FTX’s founder, Sam Bankman-Fried, manipulated the market for two cryptocurrencies this past spring, leading to their collapse and creating a domino effect that eventually caused the implosion of his own cryptocurrency exchange last month, according to two people with knowledge of the matter.”
Man, if SBF cut the brakes of the car he was riding in, I am never going to stop laughing.
[The New York Times]
