This is an extraordinary, historic moment in China
Protests are breaking out across the country-from Beijing, to elite colleges, to other major cities, and even far flung places
Shocking to hear people chanting for Xi to step down
This is people past their breaking point @cnn
1/ Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer.
It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM
So far we’ve accounted for at least $4.1m (255 BTC) sent to OKX
1/ I have seen a ton of misinformation being spread on Twitter and in the news about the FTX event so let me debunk the three most common things I’ve seen
“Bahamian officials are behind the FTX hack”
“Exchanges know who the hacker is”
“FTX hacker is trading meme coins”
@cobie Why will JS even help and what benefit can JS get from helping? I bet this is just trying to delay filling for bankruptcy. Even the VCs are writing it off as zero.
I am seriously confused. Why will anyone bail FTX out at this stage?
Both investor and customer trust are broken. Nobody is going to be using FTX meaning no profit can be generated again. Why would anyone touch this garbage and “save us”?
Solana Lab needs to step up to calm this uncertainty with Sol. At this stage trust is breached many times and we can tell people are scarred by the sol unstaking esp when FTX backed sol. Can’t expect people to just “trust” the tech?
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.