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.
Its not just the shitcoins / crypto scams that need to be cleaned. Its also the people's minds that is so corrupted that they would jump on any crap without thinking about it.
If you care about cryptos, you should never use exchanges. You should never invest in crypto derivatives. There should be a crypto with NO 3rd party dependancy from on-ramp to off-ramp and everything in middle. You should NOT be buying crypto to make a quick buck.
Until people's minds are cleansed it does not matter what technology we come up with, it can be corrupted.
Correct, well said. The crypto will crash first followed by the stock market, banks and everything else. It’s now “if” it’s when.
Ever since 2008 (infact even mid 90s when they plundered the pension funds) it has always been "when" not "if" - this is inevitable for every ponzi scheme. The question really is - how much quicker than their original timeline of 2027.