Elizabeth K :toad: · @elizabethk
135 followers · 198 posts · Server toad.social"I have come to view cryptocurrencies not simply as exotic assets but as a manifestation of a magical thinking that had come to infect part of the generation who grew up in the aftermath of the Great Recession — and American capitalism, more broadly."
Mihir A. Desai
#CryptoCollapse #magicalthinking
Lotte Folke · @lottefolke
1565 followers · 193 posts · Server journa.hostA bad night at the casino
#ftx #ftxhearings #cryptocurrency #CryptoCollapse
Aaron Pressman · @ampressman
531 followers · 103 posts · Server journa.hostCaroline Ellison, the Newton native and business executive tied to the collapse of cryptocurrency exchange FTX, has agreed to plead guilty to federal charges of defrauding investors out of billions of dollars https://www.bostonglobe.com/2022/12/21/metro/caroline-ellison-plead-guilty-fraud-over-ftx-collapse/ #CryptoCollapse
dorianlistens · @dorianlistens
116 followers · 137 posts · Server hachyderm.io
beSpacific · @bespacific
2 followers · 24 posts · Server newsie.social
#Layoff spree in #SiliconValley spells end of an era for #BigTech - A #cryptocollapse, layoffs at #Facebook and #carnage at #Twitter are rocking the #techindustry. It’s stoking memories of the #dotcomcrash 20 years ago. https://www.washingtonpost.com/technology/2022/11/12/tech-facebook-twitter-layoffs-dotcom/
#layoff #siliconvalley #bigtech #CryptoCollapse #facebook #carnage #twitter #techindustry #dotcomcrash
Nick Schwellenbach · @schwellenbach
1789 followers · 86 posts · Server journa.host
This is a case study in absolutely terrible corporate governance. #FTX #Crypto #CryptoCollapse https://www.coindesk.com/business/2022/11/10/bankman-frieds-cabal-of-roommates-in-the-bahamas-ran-his-crypto-empire-and-dated-other-employees-have-lots-of-questions/?outputType=amp