FTX is the biggest collapse of a corporation since 2008 and the CEO responds with a 1 word tweet stating “what.”
This comes after $10 billion+ in lost funds, a suspicious hack on a Friday night and reports of SBF attempting to flee.
It was also revealed that ”FTX had a secret “backdoor” built into its accounting software by SBF.” This route was used to move assets in the billions of dollars without triggering alerts to staff and external auditors.
Crypto markets will never be the same as the fallout of FTX is rising worries among legislators
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