As large crypto exchanges push to prepare “proof-of-reserves” audits, an initial effort reveals just how much of Crypto.com’s reserves are in the dog-inspired meme token, SHIB.

🚨 ALERT: High probability insiders at FTX are currently trying to run off with funds. Both FTX and FTX US wallets have now been affected and commingled. The current amount being laundered is ~$380M.

Please share information below. Let's crowdsource this.

CZ hinting at Crypto,com and Gate,io not being safe after weird transactions taking place.

➡️ I recommend taking your money out of these platforms. There is no reason whatsoever to keep your coins there, especially amidst all of this.

@TomFitton SBF was a major Dem donor, so no investigation

To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. In the meantime, please contact Binance Labs if you think you…

US regulators are investigating Sam Bankman-Fried and FTX.com for potential violation of rules following the crypto exchange’s sudden collapse, which marks yet another crisis of confidence for the cryptocurrency industry.

The Definitive Thread on FTX

I met SBF before FTX started, and witnessed their rise and fall. I can't stand @nytimes's puff piece.

If anyone wants to know what happened, send them this.

Intro

The fallen crypto CEO on what went wrong, why he did what he did, and what lies he told along the way.

The transfer of $477 million of crypto out FTX accounts last weekend raised worries of theft, but is part of a fight over control of the exchange’s bankruptcy.

A person I have known for more than ten years, who I consider trustworthy, is convinced the cryptocurrency economy will shortly experience a systemic risk. I don’t know anything concrete, but if I were exposed, I would be concerned.