But, Wait, There's More: Short-seller who called FTX and SVB, says the digital currency ponzi scheme is still unraveling. - Kotaku In Action 2 - The Official Gamergate Forum

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But, Wait, There's More: Short-seller who called FTX and SVB, says the digital currency ponzi scheme is still unraveling. (archive.ph)

posted 1 year ago by GeneralBoobs 1 year ago by GeneralBoobs +13 / -1

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– GeneralBoobs [S] 5 points 1 year ago +5 / -0

Looks like they were flailing, tried to unload some bad bonds for needed cash, failed to find a buyer, this was noticed by vultures, who bet against it, they made a stink in the media, and the lemmings went rushing to withdraw their money, thus making it insolvent.

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– deleted 2 points 1 year ago +2 / -0

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– GeneralBoobs [S] 2 points 1 year ago +2 / -0

Yes, they put it in long term bonds. Shit hit the fan and they tried to sell some to get cash, couldn't, and shit went nuclear because of it.

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