crypto price is absolutely beaten thanks to the recent Mismanagement of SBF’s FTX exchange, and an unusual relationship with his hedge fund, Alameda Research. Nonetheless, some still hold out hope that prices will recover if SBF can save the cryptocurrency market by raising the $8 billion it needs to fill the hole.
Can SBF raise $8 billion to help the market recover?
The most important thing SBF can do for the FTX community and the cryptocurrency industry is Raise as much money as possible in the next two weeks: “This is all that matters for the rest of my life,” explains.
But even the man who believes himself to be one of the world’s greatest fundraiser has a lot to ask, and the controversial position he’s currently in has made it even more difficult. It can get difficult.
1. Lost $8 billion in client money in less than a week
2. Steal $600 million and flee the country
3. get caught
— Jordan F┃ Stock Trader (@FT__Trading) November 16, 2022
Most importantly, thanks to SBF’s resignation, he is no longer the CEO of FTX. file bankruptcyTherefore, it cannot have a significant impact on the future of the company. His idea that he might be able to raise such a large sum of money is almost entirely delusional. Even if he was unlikely to go to jail, it would have been very difficult for him to do this.
He can tweet 19 individual letters, but can’t you remove it from his bio?
— Pauly (@Pauly0x) November 17, 2022
if someone is looking for a savior criminals and scammersyou’d be better off looking elsewhere.
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