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i think there was news that came out this week that basically pointed to FTX US operating under the same ponzi as the one in the bahamas. previously he said FTX US operated as a separate entity but with the US operation also declaring bankruptcy as part of the rest more questions started being asked. i guess now it becomes a US problem and all his donated money might not be enough for the feds to turn the other way. who knows
btw Gary Gensler has yet to make any statements on this whole thing. same guy who calls btc too dangerous and consistently blocks etf requests even from giants like fidelity. apparently now is the time for him to stay quiet despite being vocal about it for 2 years. the icing on the cake would be if they somehow found a way to get him out of the SEC or locked up, but i know that'll never happen sadly
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