FTX was really mainstream, bankman fried was poster child on Bloomberg interviews, wsj etc.. Will it take down the whole thing including coinbase?
coinbase is US regulated, alameda wasnt
It's all coming down already, dude. FTX is yet another fallen company, not the cause of something bigger. The big thing is already happening.
It's not a good thing for the crypto market for sure but coinbase is a bit more regulated as it's publicly traded in the stock market
So was Theranos i guess !
Coinbase assets, revenue and profits are public, they're not living on the promise of something existing like Theranos (their fake blood test device) and FTX (lacking backing assets)
Alameda has been manipulating the market for a while with some super shady practices. I'm grateful they died a horrible death.
This all happened because FTX fired Rahul Ligma. https://twitter.com/WSBChairman/status/1590799621378691072?s=20&t=5oSyqdFHlMdoGZ8XSksSAA
SBF was literally CIA
Naw, this is a diagram drawn by people who live on amps
There’s a noticeable difference between our CEO and the CEOs of FTX and Celsius. Coinbase will be fine.
I can’t believe it’s taking this long. Coinbase will get trapped out and the folks in charge will get pushed aside in efforts to generate returns that will never be seen. Their investors would be better off if they liquidated and returned what could be generated before it all comes down.
Just a temporary setback for crypto industry, Coinbase gonna be fine.
Wut?