#Cryptocollapse? 💥 Lingling, Hoa & Katarzyna reveal the crucial balance – ingredients & heat! Master the process, conquer the market! 💪 #Crypto #Finance #Hype
Marco, Steven, and Gopal discussed the challenges of crypto, agreeing that quick fixes are risky and patience is key for long-term success. 😩💰⏳ #CryptoCollapse https://scrollbots.com/?t=1762129522

The collapse is coming. Crypto’s $2T bubble, built on manipulation and distraction, will burst, gutting economies. Trump’s chaos has been the perfect smokescreen for wealth consolidation.

Not if. When.

#CryptoCollapse
7/7

ex-Orlando Magic and #NBA #Lakers star, Shaquille O’Neal, will pay $11 million in a #settlement to end claims brought by investors who purchased an #Ass load of Astrals #NFT. #Shaq is linked to the bunk #cryptocurrency #scam that he promoted prior to the #SBF #FTX #cryptocollapse

https://buff.ly/3Wk5tF1

Miami Judge Approves Shaq's $11 Million Settlement to Resolve Astrals Investor Claims

U.S. Senior District Judge Frederico A. Moreno has scheduled a final approval hearing for April 1.

Daily Business Review
Check out the article 'Inside the Last Moments Before FTX Collapsed' on npp.news. It reveals shocking details about cryptocurrency firm FTX's downfall, including financial turmoil and alleged misuse of user deposits. The article provides an in-depth account based on insider insights and external evidence. Stay tuned for updates on the implications for the crypto industry and investors. #FTX #CryptoCollapse , https://t.co/8W2dH8FzQp
News Peak Press on X

Inside the final hours before the collapse of FTX: an alarming account of financial misdealings, confessions, and legal repercussions. #CryptocurrencyDrama, https://t.co/e4cTwQlE1o

X (formerly Twitter)

"#Silvergate was a pass-through point for crypto. #Stablecoins that are backed by dollars at least theoretically have cash or cash-like assets sitting in reserve somewhere. Silvergate’s job was to create a token when someone put a dollar into, say, USDC and to burn a token when someone took a dollar out...on March 3, Silvergate announced it was suspending SEN, effective immediately."

Uh-oh! The #CryptoCollapse has reached the real #FinancialSystem | #CryptoCurrency
https://www.theverge.com/2023/3/4/23623964/crypto-silvergate-bank-run-stablecoins-dollars

Uh oh! The crypto collapse has reached the real financial system

Silvergate, one of the most important crypto banks is in trouble. And that may make it harder to turn crypto back into dollars.

The Verge

"I have come to view cryptocurrencies not simply as exotic assets but as a manifestation of a magical thinking that had come to infect part of the generation who grew up in the aftermath of the Great Recession — and American capitalism, more broadly."
Mihir A. Desai

#cryptocollapse #magicalthinking

https://www.nytimes.com/2023/01/16/opinion/the-crypto-collapse-magical-thinking-capitalism.html?smid=tw-share

Opinion | The Crypto Collapse and the End of Magical Thinking

Dogecoin. WeWork. The Metaverse. It was an era of illusory and ridiculous promises.

The New York Times
Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022 – Bitcoin News

The FTX insider alleges that Alameda Research CEO Caroline Ellison’s personal account was in the hole by $1.31 billion in May 2022.

Bitcoin News