FTX Collapsed and Here’s Why

Curated Content by Dan - Coin Cerberus

November 14, 2022

 

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With FTX now filing for bankruptcy with all of its subsidiaries, this week in crypto has taught us a lot. SBF and the FTX mafia have caused immeasurable damage to the crypto ecosystem, FTX US, BlockFi, among hundreds of others are likely insolvent now… Sub – http://voskco.in/Sub The FTX collapse has affected every aspect of the crypto ecosystem, in what many are dubbing its “contagion.” This painful end has opened the doors to many theories, conspiracies and backdoor tales of mismanagement, deception and outright fraud. Let’s explore some of these theories, check the facts, and find out exactly how we reached this point. Inspired by Coffeezilla and his FTX Collapsed…Here's Why
https://youtube.com/watch?v=l3HfrRjWilQ 📃 Read the investigation threads here: 📃
Bankman-Fried Warns: Some Crypto Exchanges Already “Secretly Insolvent”
https://www.forbes.com/sites/stevenehrlich/2022/06/28/bankman-fried-some-crypto-exchanges-already-secretly-insolvent/?sh=27b2378e47f7 FTX’s valuation was absolutely unrealistic – https://twitter.com/fintechfrank/status/1488140341672919045 BlockFi received a $400m FTX credit line, but what now? https://twitter.com/FounderFlori/status/1590030310787657729 The tweet that started it all – https://twitter.com/cz_binance/status/1589283421704290306 CZ declines the purchase of FTX after checking their financials –
https://twitter.com/binance/status/1590449161069268992 SBF tried to raise $8B to avoid bankruptcy – https://twitter.com/GSpier/status/1590614220408000512/photo/1 Justin Sun talks about assisting FTX – https://twitter.com/justinsuntron/status/1590539831276634112 FTX bailed Alameda Research out?
https://twitter.com/LucasNuzzi/status/1590122590206824448 Why customers no longer trust the FTX Mafia – https://twitter.com/Ishanb22/status/1577699083808083969 FTX was going to create their own stablecoin?! – https://twitter.com/jay_ftx/status/1590391765332172800?s=46&t=7ywNa8V11eKAY-jjVa7Z7A Solana DeFi affected by this FTX implosion? – https://twitter.com/AutismCapital/status/1590579602099171329 Dangers of wrapped Solana tokens – https://twitter.com/weremeow/status/1590461628864397312 ⏰ Timestamps ⏰
00:00 FTX: the biggest scam ever
00:23 Some crypto exchanges are insolvent?
01:17 Binance exited FTX equity
02:19 Justin Sun to help FTX?
02:52 The collapse of FTX
06:25 FTX bankruptcy and hack
07:53 BlockFi pauses withdrawals
09:14 The live collapse of Solana and FTX ecosystem
14:32 Factors and signs leading to the collapse of FTX Follow us on our official social media accounts – https://voskco.in/22 VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make. #VoskCoin #crypto #ftx #cryptonews #bearmarket #cryptocurrency #cryptocrash #sbf #ftxus #blockfi #coffeezilla Video Source https://www.youtube.com/watch?v=5F2xIIWD_kQ

Crypto Currency Resources & Recommended Products

The following lists are tools and resources that I put together to help anyone that is interested in crypto get a head start. It can be quite daunting when you first get into cryptocurrencies. There is some much information out there and some much uncertainty.

Disclaimer This new crypto movement is an economic revolution. While it may be an exciting time to get started with crypto currencies, this digital gold rush has a plethora of bad information out there. The recommended products below are based on my own experience with my own personal use of these products.

Disclaimer: I am not a finical advisory. I do earn a small commission if you choose to purchase any of the recommended products below. Please make sure that you do your research before you purchase any Cryptocurrencies related products or services.

Coinbase

Crypto Currency Wallet & Coin Exchange

Coinbase is one of the worlds leading cryptocurrency wallets. It also gives people the option to purchase and trade digital currencies like that of Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum and Litecoin.

Coinbase popularity stems from its ease of entry and exit from the cryptocurrency world. It's pretty quick to get set up and start investing in digital currencies. Get $10 FREE Bitcoin {BTC} when you spend $100 with our referral link.


Click Here To Watch A Tutorial Guide On How To Use Coinbase

Make Money Online

 Cash Network & Affiliate Training

Trust me here… If you’re like many Internet marketers, you can’t help drooling when you peruse the famous (and quite addictive) ClickBank marketplace.

From just the front page of the
marketplace ClickBank’s clients will earn close to One Hundred Million Dollars this year! As you click from page to page, your eyes get wider and wider... your heart starts pounding...

… and your jaw drops to the floor when you start to see the incredible popularity, the gravity, all those product pitch pages…


Check out the video to learn more...


What you’re about to see is not a joke... It’s not a lousy ploy. This is truly a dream come true... I am about to give you something so exciting and SO valuable you may not be able to keep it to yourself.



BUT, I need you to please keep this a secret until you see what I’m talking about.

I cannot risk something like this getting out to the public. At least not this early… Follow the link below to finally realize what it feels like to have control. Feel your dreams come to life! 


Don’t believe me? See for yourself.  If you don’t act quickly, I’ll have to pass this along to someone else who is willing to create a better life for themselves.


I have a feeling you’re going to love this :)

binance

Cryptocurrency Exchange

Binance is one of the worlds fastest growing cryptocurrency exchanges. Because of its trading volume and the number of altcoins it trades it will be one of the worlds biggest crypto exchanges in the world.

While Coinbase is still the easiest way to get into cryptocurrencies, Binance trades a lot more Altcoins compared to that of Coinbase. If you want to purchase Altcoins like Cardano ADA, Ripple XRP, Steller Lumens, TRON, Dash and Monero then Binance is your first port of call. 


In order to trade here, you must hold some cryptocurrencies first. So it's best to purchase some Ether or Litecoin from Coinbase and transfer it too Binance.

Click Here Watch A Tutorial Guide On How To Use Binance.

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Ledger-Nano-Wallet

Cryptocurrency Hardware Wallets

One of the most popular Hardware Cryptocurrency wallets is that of

Ledger Nano S. The Ledger hardware wallet provides a secure offline solution for cryptocurrency traders to store their digital data. 


Commonly knowns private keys the Ledger hardware wallet gives users a multi cryptocurrency offline storage solution. Because of essential, these hardware wallets are similar to that of a USB key, it provides security by hosting the private keys offline making them difficult for hackers to access your cryptocurrencies.


It hosts some of the more common crypto coins but also some fewer know Altcoins Bitcoin Gold, Ark, Bitcoin, Bitcoin Cash, Digibyte, Dash Dogecoin and Ether.

Watch A Video Guide On How To Use The Ledger Nano S 

Exodus

Digital Crypto Currency Wallet 

The Exodus Wallet is desktop cryptocurrency storage solution. It can be used with Mac and PC which has compatibility with a popular cryptocurrency exchange called Shapeshit. Which gives the user the ability to trade cryptocurrency with in the Exodus Wallet.  This feature alone makes the Exodus wallet a very popular choice with beginner crypto traders.


The interface is very intuitive making it very easy to understand and use for anyone that's starting out with investing in cryptocurrencies. The Exodus Wallet is one of the most popular lite wallets, even with a number of crypto storage assets, it doesn't require your system to download the complete blockchain.


While the Exodus Wallet is free to download and a very secure piece of software, please note that it does take between 1-3% fee with the exchange of cryptocurrencies. Click Here To Watch Walk Through Video On The Exodus Wallet.

Brave-Browser

Cryptocurrency Browser

The Brave Browser is just like most web browsers, it allows you to surf the web, find videos, websites and allows you to download content from the web. But with a few difference with it's set up compared to that of Google Chrome. It was set up by the same creators as that of Mozilla, basing their software on open source code similar to that of Google Chrome.

Brave has in built ad blocking technology to stop intrusive ads. It also integrates with the cryptocurrency Basic Attention Token {BAT} to pay users for their attention for displaying less intrusive ads.


Brave keeps 15% of the less intrusive ads, giving content publishers 55% per cent which is good for bloggers and vloggers, last but not lease even users of the Brave browser will receive 15% off the revenue. It also gives users the option to donate BAT to content creators or sites they love.


One of the striking features of the Brave Browsers is that it removes a ton of tracking pixels which cause websites to load slower. This gives you a much faster experience when visiting websites online


Tags

altcoin mining, bitcoin mining, crypto mining, mining cryptocurrency


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