new Cold Fusion video is out. great coverage of the recent FTX disaster. likely one of the biggest scams in history
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Sudaksis (sudaksis@yiff.life)'s status on Thursday, 17-Nov-2022 09:26:23 JST
Sudaksis
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arcanicanis (arcanicanis@were.social)'s status on Thursday, 17-Nov-2022 09:29:17 JST
arcanicanis
Absolutely. It also demonstrates how much of an aimless herd mentality a lot of the financial industry is, and very often a house of cards. The warning signs were there for rational people to have suspicion, while heavyweight 'reputable' investors jumping on it just because everyone else is doing it, and blindly assuming the other party 'knows what they're doing'. There's assuredly more of this likely ongoing in other markets as well, I figure.