CD Media
Markets

FTX Post Mortem Part 1 Of 3: WTF Really Happened?

FTX Post Mortem Part 1 Of 3: WTF Really Happened?

Please Follow us on GabMindsTelegramRumbleGab TVGETTRTruth Social    

The dust hasn’t settled, but the smoke is beginning to clear, somewhat… Here’s WTF just happened, and what happens next…

On November 2nd Coindesk published a leaked balance sheet from FTX affiliated market maker Alameda Research.

Ten days later the third largest Crypto exchange in the world was bankrupt and its founder was under international investigation for fraud.

In this article I’ll go through how Crypto giant FTX fell apart. There is a lot of backstory to this situation which I’ll cover in a following article, discussing the beginnings of Alameda research and the story of how a sketchy hedge fund turned into a major exchange…

To read more visit Zero Hedge.

‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!‘

Related posts

Market Blows Speculative Top, As Reported COVID Spike Appears…Russia Hoax 5?

CD Media Staff

Durable Goods Orders Rise In Jan, PPI Stable In Feb

CD Media Staff

Will Inflation Turn Into Stagflation?

CD Media Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!

Clicky