Interesting take on #ftx potentially being created especially as a #scheme to #rob #crypto of any #value it has and back into the #traditional #finance #system https://www.zerohedge.com/crypto/alt-tak.. Very interesting read.
Looks like the #collapse of #ftx will cause #contagion across #crypto #coins according to #jpmorgan https://www.zerohedge.com/markets/jpmorg.. Worse still, given the fact that #traditional #finance are #invested in #crypto , this could even bleed across #markets too. Oh very dear.
Interesting take, it appears that the #traditional #money #system relies on very little #realworld #assets https://www.zerohedge.com/markets/2-quad.. Even considering the other #assets , I think the #risk here is huge. No wonder they are trying to push us away from #cash ... Can't have too much backed #liquid in the system...
Ouch, #insidertrading over at #coinbase - this is was you get without #regulation from #traditional #finance https://twitter.com/cobie/status/1513874..