The spectacular collapse of 30-year-old Sam Bankman-Fried’s crypto empire has fueled a spike in outflows across global crypto exchanges. Users yanked a net $3.7 billion worth of Bitcoin and $2.5 billion of Ether in the week from Sunday, Nov. 6 to Sunday, Nov. 13, according to data provider CryptoQuant.
U.S. Congressman Tom Emmer said in a tweet that he had received reports that the SEC chairman Gary Gensler was allegedly helping Sam Bankman-Fried and FTX “work on legal loopholes to obtain a regulatory monopoly.”
They withdrew more than $2 billion worth of many of the largest stablecoins over the same timeframe, according to CryptoQuant, which tracks data from most major exchanges.
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0:00 FTX News Live.
5:00 Crypto Alert.
10:00 FTX Sam Bankman Fried Crypto Regulations.
15:00 FTX Update’s.
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Insiders, grifters, thieves, psychopaths, and mostly democrats. Why is anyone surprised?
The guest speaker on the third party call is a slime ball. He’s deflecting from the fact of total corruption that is embedded in his arena of politics. He who has the money wheels the power.
I think there are definitely some huge names/regulators/politicians at the top of this entire scheme.
Scam Bankman
Seems kevin is gonna turn it around and imply the ftx demise was good cuz it will help miners to transition to green mining and boost customer awareness. Raul paul of that freaking real vision has to be handcuffed too.
So Citigroup is out $20 trillion US Dollars what else we got here.
Get Tara on the show!
I will forever be indebted to you Ms. Sonia dickson, you have changed my entire life. I will continue to preach on your name for the world to hear that you saved me from huge financial debt with just a small investment. Thank so much Sonia
A jew stole all the money? of course he did.
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