FTX’s bankruptcy estate has been holding customers’ bitcoin that has quadrupled, yet it will only repay about $16,871 per coin. The post Bitcoin is worth $69,000 — unless you’re an FTX creditor appeared first on Protos.
FTX’s bankruptcy estate has been holding customers’ bitcoin that has quadrupled, yet it will only repay about $16,871 per coin. The post Bitcoin is worth $69,000 — unless you’re an FTX creditor appeared first on Protos.
The “scam” I’m referring to is cryptocurrency, not FTX.
And I suspect FTX always looked more “legitimate” to folks who were already bought into the blockchain delusion than to the general public.
Right, I just thought I’d give you the benefit of the doubt. The article is about FTX, and FTX was a scam, but crypto is clearly not, by any reasonably specific definition of the word.