Reminder: Bernie Madoff ran a $64 billion Ponzi scheme & was the largest fraudster in US history.
Madoff was also simultaneously Chairman of the largest securities regulator in the US, the NASDR (now known as FINRA). Madoff also sat on advisory committees at the SEC.
No, this isn't crypto's "Lehman Moment"
There are no taxpayer bailouts coming nor money to be printed.
This is capitalism, and the markets will work it out.
Isn't it funny how all the least likable, obnoxious and egocentric individuals like @zhusu@stablekwon and @SBF_FTX went bust during this bear market?
Karma really is a bitch
And regarding @SBF_FTX ... whatever was left of his reputation after the last regulatory drama is gone now. Yesterday @carolinecapital blatantly lied about being able to buy all $FTT from binance at $22 and today FTX is no more. Will be closely watching Alameda though.
Absolutely brilliant play by @cz_binance . Not saying two major non-us exchanges being controlled by a single actor is a good thing, but brilliant nonetheless
Absolutely brilliant play by @cz_binance . Not saying two major non-us exchanges being controlled by a single actor is a good thing, but brilliant nonetheless
$ETH back at $2,000... I remember when it hit $2k for the first time back in 2021 people were organizing price watching parties to celebrate - now everyone's still depressed. Sentiment is a funny thing. Capitalize on it.
First time in years scrolling through projects and their valuations don’t seem totally out of touch. Perhaps not not many screaming buys yet, but we’re getting there.
Don’t get discouraged and pay attention. Maximum opportunity time is coming.
Crypto VCs that spent the last 3 years cyclically instadumping seed rounds are now reneging on hard funding commitments they made to founders or companies while simultaneously writing snarky tweets about how everyone is failing except them 💪
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