Post APYo3C44lACxIFLCfQ by Elkenson_Sevven@mstdn.party
 (DIR) More posts by Elkenson_Sevven@mstdn.party
 (DIR) Post #APXakDblIvzC11l8C0 by malwaretech@infosec.exchange
       2022-11-12T21:59:50Z
       
       0 likes, 1 repeats
       
       I know a lot of people don't care about cryptocurrency, but the FTX situation is fascinating regardless. A $38bn company just vaporized overnight. It's the cryptocurrency equivalent of waking up to find out Bank of America has just vanished.
       
 (DIR) Post #APXakE8NLg4deB1B1k by Penelope@ieji.de
       2022-11-12T22:02:28Z
       
       0 likes, 0 repeats
       
       @malwaretech wild wild west of the currency market unregulated uncontrolled , pure speculation driven by greed and lack of foresight ..shame at the heart of crypto was one good idea take control back from the banks
       
 (DIR) Post #APXbL85emZO9cJLJRY by lkarlslund@infosec.exchange
       2022-11-12T22:00:56Z
       
       0 likes, 1 repeats
       
       FTX: Let's vaporize $38BElon: Hold my beer
       
 (DIR) Post #APXcMAIu8a3Cj5b4eu by pokkst@xmrposter.club
       2022-11-12T22:20:32.839871Z
       
       0 likes, 0 repeats
       
       @malwaretech The CEO's trading firm, Alameda Research, had a 2018 pitch deck that said they can provide *high returns with no downside*, and that they *haven't had a losing week in 6 months*.Consistent ~6% returns every month, during the 2018 bear market.
       
 (DIR) Post #APYo3C44lACxIFLCfQ by Elkenson_Sevven@mstdn.party
       2022-11-13T12:06:15Z
       
       0 likes, 0 repeats
       
       @Penelope @malwaretech Not to mention it's driven by software, full of vulnerabilities just waiting to be exploited. Imagine buying a bond or a GIC that has a 1:5 chance of just disappearing.  Dabbled in crypto last year. Never again.