From k9zw@700:100/69 to All on Fri Nov 11 10:24:56 2022
The FTX exchange failure is said to have forced brankruptcy filings for some 130 companies!
Huge amounts of wealther either never were actually there or have been disappated, people are expected to go to jail, and markets are rattled.
Was the build-up of trust that there was ever much value in the units FTX traded, stored, or provided a market for more a confidence-game than actual wealth?