BREAKING: FTX had a “backdoor” built into its accounting software by SBF, which he used to move billions without triggering alerts to other staff, auditors etc - Reuters
🚨Reports of SMS messages & emails being sent by FTX to customers to log into the app & website, which are infected with a trojan as part of the hack
FTX has millions of users. Things are about to get a LOT worse.
Please warn as many ppl as you can before it's too late!
I can’t fathom there being no bail out. This can’t be real.
You can’t just lose 8 billion dollars of everyone’s money and declare bankruptcy. That’s fucking absurd.
This place is going to get extremely dark. Way too many people’s lives have been irreparably ruined.
1/ Had a chance to skim through this document. Interesting points (which I will go through in more detail):
(1) The yacht
(2) Why 3AC went under
(3) Kyle / Su being uncooperative
(4) Tai Ping Shan
The Best Threads on On-Chain Analytics:
The most honest signals you will find are on the blockchain.
Not on Twitter.
Not on Youtube.
The truth is on-chain.
Best learn to read it.
Here are the best threads to get you started on your On-Chain journey
👇
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