Quote Originally Posted by Small_Banana View Post
Quote Originally Posted by Sanlmar View Post
Arrested? Indicted?

SBF is tweeting about making another run at it “for the customers”.

I’m losing interest frankly but a cursory glance has me thinking he still has full access to the FTX machine.

Scuttlebutt has it that Genesis is next with solvency issues.


The Twitter implosion is a developing story too. At least it’s all new and interesting to me.
Keep your eye on $SI (Silvergate Bank). It was a fail bank based out of San Diego that decided to get involved with crypto. No bank in the USA wanted anything to do with crypto for a long time. It was perceived as being too risky. Silvergate didn't care and started offering banking services for regulated sites like Coinbase and unregulated sites like Binance. They most likely have a ton of exposure to FTX, even though they have denied it. The stock was down 17% today.
Silvergate down 35% on the week. I believe they had a weak AML/KYC policy and this might be the end of them.