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@dergigi Bitcoin turns everything upside down:
Retail got to invest and benefit first.
Institutions last
Miners see its environmental benefits first. Environmental organizations last.
Africa see its enormous value first.
The West last.
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THE FTX FIRST DAY DECLARATION
New CEO John Ray is scathing about Sam Bankman-Fried's management.
"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information."
https://t.co/iTGlCA9olr
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.