Snacks
SBF'D

The Crypto Catch-Up…

Snacks / Friday, November 18, 2022
  • 🧹Messy… Former FTX CEO Sam Bankman-Fried apparently cursed regulators in a DM-based interview with Vox and said his "biggest" mistake was filing for bankruptcy. Meanwhile, FTX's new CEO called the mess "unprecedented" (and he oversaw the Enron bankruptcy).
  • 🌶️ Spicy… An FTX investor is suing Larry David, Tom Brady, and Steph Curry, among others, alleging their paid promotions for the now bankrupt crypto exchange lured "unsophisticated investors" into a "Ponzi scheme."
  • 🤖 Techy… Crypto hardware wallet makers Ledger and Trezor saw booming sales last week after FTX froze customer withdrawals. Hardware wallets let crypto “hodlers” self-custody their coins (no exchange required).

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