I made an account with FTX to diversify my centralized exchange holdings. Though I keep 80% of my crypto in cold wallets, I have to maintain a good balance in centralized exchanges as I mostly trade spot. So, I have many exchange accounts. The reason I decided to quit FTX and pull all my funds from there is is because I saw many red flags right after the LUNA crash.
Here's the list of red flags:
He called LUNA and UST scams but didn't have any issue listing them.
3AC crash showed that he was trading with many 3AC related funds. Which made me suspect Alameda was doing the same.
Also, this
He along with a bunch of venture funds are trying to run Ponzi schemes with marketing. I suspect he might also be involved in the DESO pump. DESO is another scam propped up by VCs but they won't get sued cause they have good relations with the SEC.https://twitter.com/coryklippsten/status/1534524748360609792
- coryklippsten
I think #SOLANA might have a similar crash. These scams with twitter bot supporters hired from India were primarily propped up by VCs to rip off retail dump people.