Brett Harrison, former head of FTX US, has made a long thread regarding FTX US and his time there.
In December, Unusual Whales spoke to SBF where he said tokenized shares of $AMC, $GME were backed 1:1.
Here is a video of Brett saying the same from Sept from a AMA with Reddit.
My good friend, mentor, and Nobelist Milton Friedman on inflation:
"Inflation is like alcoholism. In both cases, when you start drinking or when you start printing too much money, the good effects come first, the bad effects only come later."
My good friend, mentor, and Nobelist Milton Friedman said it best: "Inflation is made in Washington because only Washington can create money."
INFLATION IS ALWAYS AND EVERYWHERE A MONETARY PHENOMENON.
Bill Hwang's trial begins Wednesday in Manhattan
He is accused of the massive market manipulation that took down his family office, Archegos. (Credit Suisse lost billions)
The collapse "caused huge losses among investors and banks, shook the financial markets, and highlighted major regulatory vulnerabilities in our financial companies disappeared within days.โย
"Hwang was reported to have lost billions of dollars in a matter of days.ย The Wall Street Journal reported that Hwang lost $8 billion in 10 days, while Bloomberg News reported that Hwang lost $20 billion in 2 days. In any case, the scandal highlighted the enormous amount of financial risk some traders were able to introduce into the financial system by using their leveraged trading strategies.
https://t.co/Rsnwb00kuA
@BetterMarkets@DennisKelleher@HAMShortkiller@WilliamPFarran1@faulkingtruth@BasileEsq@DevinNunes $MMTLP $FNGR $GTII $NWBO $ENZC $AMC $GME $DJT