Everyone seem to think that it's the Cabal trying to destroy the crypto market to screw with "We the people". There are a few points to consider that might point to the other direction.
FTX and Alameda were both very closely related. The Harry-Potter-Loving CEO of Alameda is the daughter of the guy who was the boss of Gary Ginsler, chairman of SEC, when he was in MIT.
Trigger for FTX collapse was when Binance pulled out of a deal while doing due diligence. Binance is funded by a Chinese company, and Xi seems to have consolidated his power in China, meaning Binance is actually under white hat control.
FTX was deeply involved with money laundering for democrats.
Sam's family deeply involved with WEF, Clintons etc
Overall, if the Cabal wanted to take down crypto to spread panic amongst crypto enthusiasts, they could not have picked a worse target. All its doing is opening people's eyes to all kinds of corruption, while also shooting their own best assets.
I believe this is a White Hat operation, and the timing is not a coincidence. I believe there might be some connection to what Trump is going to announce in two days.
Either that or its all planned. Cause the ultimate end goal is a cashless society for these fucks. So why not have a false flag Crypto collapse to fast track regulation? While at the same time making the people that oppose the bankers think they are breaking away from the cabal banks control? What if they are giving what the people want? A small price to pay for when they have the total enslavement of people in a cashless society. At the end of the day its just house money from the magical Fed Reserve so really nothing lost, but everything to gain in the end game.
Agreed, but why would they pick the one small exchange that has so many corrupt ties to Dems? They would have picked a more benign exchange or at the very least something not connected so openly from top to bottom with the deep state.