https://cryptoslate.com/justin-sun-deposits-100-million-to-binance-amid-fud-campaign/
Bold plan
Crypto creep got outed and busted after getting extended way too far and we can see the tree direct result of what happens.
Most likely we're going to see his girlfriend or ex-girlfriend as well as a lot of the rest of the polycule turning on him as quick as possible to avoid charges themselves. And the new CEO of his company is hanging him out to dry. Apparently he is not intelligent enough to understand how to do business and thinks that taking radical vegan dumb drug will make him smarter than the rest of the world now has gotten him in prison.
Meanwhile his family calls the prison worried about if he can get vegan meals in prison when he is looking at spending the next 30 years scared for his bum hole as now he has a huge Target on his back
https://www.washingtonpost.com/business/2022/12/14/ftx-sbf-crypto-fraud-charges-hearing/
And absolutely the enormity of the crypto industry having this kind of action taken really shows how Petty and cut through this business really can be as well as having known bad players involved like Justin's son as well as now this rogue financial exchange that decided to stab his competitor right in the back really funny that this kind of marked position would have toppled such a huge giant however the Achilles heal was successfully exploited. Finance has absolutely no desire to oh wow FTX to get regulated as well as to expand markets into regulated territories. So it looks like there is going to have to come a day where neither the blockchain chooses to be transparent and open to some regulations or just be completely and totally banned.
The damage to cryptocurrency and the entire industry has been exceptionally brutal with public trust being at a very large low.
And now with everything imploding we are seeing a major shake up of the major players which I think would be smarter for us just to integrate Hive within world regulation before we get forced into it.
Cryptocurrency projects need to be judged for the usefulness utility and assets that is able to justify.
However FTX hyping itself up and paying all these celebrities for endorsements was probably the stupidest idea I have ever heard of and a huge waste of money. However with a bunch of these mystery transfers of phenomenal amounts of cryptocurrency I am sure there is a massive amount of funds hidden away as a golden parachute for the crypto creep.
However none of that matters and just as an attempt to justify this we are watching a bunch of really shady characters work very hard at imploding cryptocurrency and making the entire community out to be flawless scam artists when I see a massive amount of hard work here on our blockchain as well as utility in our ecosystem. And now you have some bad actors making stupid moves and arguing over a share of the market while it's down to the point where they would think the world's cryptocurrency economy is an incredible thought.
And absolutely you know that his ex-girlfriend was likely has completely and totally ratted him out as well has told every detail.
https://decrypt.co/117214/99-people-will-lose-crypto-storing-self-custody-binance-ceo-changpeng-zhao
And of course the real Mastermind of this entire disaster is now trying to spread yourself around national news trying to get people to respect and once again trash however after this latest stunt I'm not sure there's many people back want to trust Binance.
Personally I would never trust this centralized exchange. Especially when you have them running around trying to tell everybody that they are so trustworthy.
Centralized exchanges like this especially ones that have grown way too large for their own pants definitely is going to I have a lot of issues with the big huge run on their assets. As well as continued open market discrimination against their company over the continued crazy behavior.
Like for example the takeover of Steemit.
Absolutely some huge situations coming down
And let's just see how quickly it has taken the girlfriend of the crypto creep Sam bankman fried to have turned States evidence. I am sure by now she is probably trying to escape the country if she had any smarts and relocate to some third world country where nobody watches the news.
It sure must really suck to be those individuals. One day you are running a cryptocurrency empire and the most sophisticated scam in the entire world, and the next minute you are public enemy number One and the most hated person of all nerds in the world.