So pretty crazy day in crypto. 2nd biggest exchange collapsed and we might see the 1st one taking them over
I think we can all agree that this whole situation has been a real shit fest so let's try to take something positive from this and mention a couple of real heroes who tried to warn us of this happening
So the first hero is Dylan LeClair from who I believe originated this whole story. This 20 year old made a very informative thread on twitter which highlighted everything wrong with the liabilities of Alameda which ultimately lead to demise of FTX and FTT
https://twitter.com/DylanLeClair_/status/1587890966580658177
But more importantly let's not forget the second hero in this story, our fellow cc shitposter who tried to warn us but unfortunately this sub really sucks at recognizing and upvoting red flags. So kudos to u/badfishbeefcake who I believe was the first one to post about this situation. Sadly the post got like 13 upvotes and 25 comments
Luckily, u/badfishbeefcake post brought this to my attention and I managed to warn couple of my friends to withdraw everything from FTX and reconsider selling at least a portion of their FTT holdings
So kudos to my dear fellow shitposter, my friends are sending a big thank you
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