11 FTX collapsed because the CEO was a simp who gave away his assets to protect his hedgie girlfriend from margin calls. I'm not kidding. (archive.ph) posted 2 years ago by TheImpossible1 2 years ago by TheImpossible1 +20 / -9 13 comments share 13 comments share save hide report block hide replies
It was just a ponzi scheme with the backing of globalists because it was designed to funnel money into the right pockets from the start, and it wasn't allowed to collapse until after the midterms for obvious reasons. There isn't much more to it.
It doesn't make sense. FTX wasn't meant to collapse.
Most likely, FTX was run by a leftist cuck who was given advantages in his field in exchange for donations.
“We need a more stable, government backed digital exchange”