#Crypto Lender #Genesis (@gen_capital) Files for Bankruptcy in New York
My take: Contagion from #FTXscandal and market turbulence complicates the nascent #digitalassets market. An inevitable + needed shake-out of weak players IMO.
#crypto #genesis #ftxscandal #digitalassets #defi #web3
From #SupplyChains To #Blockchain, A Tough Road Ahead For CIOs
My take: Difference between #cryptocurrencies + the broad, transformative effect of #blockchain tech was set back by #FTXscandal. But #digitassets here to stay. CIOs must deepen investment.
#supplychains #blockchain #cryptocurrencies #ftxscandal #digitassets
RT @hellspawncrypto@twitter.com
Now all this became, well ... #FTXScandal.
I hope @AlamedaTrabucco@twitter.com won't get away with this as nobody talks about him.
🐦🔗: https://twitter.com/hellspawncrypto/status/1602536836425023493
A reminder that the #FTXScandal does not only happen in the #cryptocurrency space 😬.
❝Former Wirecard manager must convince the court that businesses he ran in Asia did not exist❞
https://www.ft.com/content/b1fbd0b7-0486-448e-bb84-ffe3c8327fa8 #FTX #FTXGate #Wirecard
#ftxscandal #cryptocurrency #FtX #ftxgate #wirecard
RT @MicheleRSimon@twitter.com
My latest @Forbes@twitter.com connects the dots between #FTXscandal #theranos and #cultivatedmeat BS
https://www.forbes.com/sites/michelesimon/2023/01/10/will-biotech-meat-become-the-next-tech-scandal/?sh=69308bf12c96
🐦🔗: https://twitter.com/MicheleRSimon/status/1612881174694617093
#ftxscandal #theranos #cultivatedmeat
My latest for the SF Examiner
The fallout from the #FTXscandal and the #cryptocrash is still spreading
https://www.sfexaminer.com/news/crypto-contagion-is-spreading-two-months-after-ftx-collapse/article_66bc81ac-91ce-11ed-9ede-7f7f99bdaaf6.html
Biggest #Crypto Exploits and Hacks of 2022
Last year was bad, but 2022 was much worse, "the biggest year ever for hacking."
https://decrypt.co/117695/year-of-the-hacks-biggest-exploits-and-hacks-of-2022
#crypto #castlabs #blockchain #cryptocurrencies #ftxscandal
Learned something new about #crypto by following the #FTXScandal 😁.
There are "coin mixers" out there that obfuscate crypto transactions.
https://decrypt.co/118140/alameda-linked-funds-move-again-coin-mixers #cryptocurrency #Alameda
#crypto #ftxscandal #cryptocurrency #alameda
How do we square this❓
(1) FTX had multiple audits by account firms (incl one by Prager Metis the 5th largest accounting firm in the USA) and passed the GAAP audit.
https://worldnewsera.com/news/finance/stock-market/ftx-collapse-puts-its-auditors-in-the-spotlight/
(2) John J. Ray new FTX CEO said "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here."
https://www.reuters.com/technology/new-ftx-ceo-slams-complete-failure-corporate-control-2022-11-17/
#FtX #alameda #ftxscandal #ftxgate
RT @tim_maliyil
I was today years old when I learned you can use stolen customer money to post your $250 million bail. #FTXScandal #SBF
Le partenariat de FTX avec l'Ukraine est le dernier chapitre en date de la saga des aides occidentales douteuses
(par Kit Klarenberg, une publication The Grayzone, novembre 2022)
#ftx #ftxscandal #ukraine #occident
Will the fall of #FTX have an impact beyond the crypto sphere ? Will #SBF_FTX plague American politics ? 😱
#ftx #sbf_ftx #ftxscandal #ftxscam #ftxbankruptcy #castlabs
Essentially, they have infinite resources to lie and cheat, until the last second when they cannot grant withdrawals anymore. Yes, even #Binance will be insolvent one day, out of blue. #FTXScandal
RT @WatcherGuru@twitter.com
JUST IN: Mazars suspends audits for #crypto exchanges, which include Binance, KuCoin, and Crypto․com, Bloomberg reports.
🐦🔗: https://twitter.com/WatcherGuru/status/1603703699435651074
RT @DaveGranlund@twitter.com
🐦🔗: https://twitter.com/DaveGranlund/status/1602777750934519808
TBH #QuickBooks is the least surprising thing about the #FTXScandal #IYKYK #CPA
#quickbooks #ftxscandal #iykyk #cpa
That look when you tweeted "SBF was a major Dem donor, so no investigations"...
but you realize the DOJ/SEC announced investigations into Sam Bankman-Fried 4 days earlier...
and he's just been arrested. #FTXScandal #SBF #ElonMusk #RIPTwitter #Twitter #twitterexodus #TwitterMigration #SamBankmanFried #FTX
#ftxscandal #SBF #ElonMusk #riptwitter #twitter #twitterexodus #twittermigration #SamBankmanFried #FTX
That look when you tweeted "SBF was a major Dem donor, so no investigations"...
but you realize the DOJ/SEC announced investigations into Sam Bankman-Fried 4 days earlier...
and he's just been arrested. #FTXScandal #SBF #ElonMusk #RIPTwitter #Twitter #twitterexodus #TwitterMigration #SamBankmanFried #FTX
#ftxscandal #SBF #ElonMusk #riptwitter #twitter #twitterexodus #twittermigration #SamBankmanFried #FTX
RT @NonStopPop@twitter.com
Guaranteed they chose that picture because it looks like Jean Ralphio from Parks & Rec. #FTXScandal
🐦🔗: https://twitter.com/NonStopPop/status/1602745015952101376
Mr. Sherman in the US Congress made MANY valid points what #Crypto really is about 👍
#FTX testimony
#FTXPonzi
#FTXscandal
#crypto #ftx #ftxponzi #ftxscandal
Sam Bankman-Fried’s arrest comes after FTX filed for bankruptcy in November after being unable- to fulfil customers' withdrawal requests
Read: https://www.boomlive.in/explainers/sam-bankman-fried-arrest-ftx-cryptocurrency-bahamas-us-20401