The Truth About FTX Crypto Exchange (Regulation Incoming)

In your nightly crypto news wrap-up, we bring you the top crypto stories. Price volatility is good news for ETH; Regulators circle crypto’s bloody waters; And the more we learn about what really went on with FTX, the more it looks like the crypto incarnation of Fyre Festival.

What We Discuss:
0:00 Intro
0:20 Deflationary Ether
1:21 Regulators Smell Fear
2:25 FTX Business Ethics Dumpster Fire

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

Sources:
https://www.coindesk.com/markets/2022/11/11/ether-turns-deflationary-as-amount-of-eth-burned-spikes-amid-ftx-induced-market-volatility/
https://decrypt.co/114193/california-announces-investigation-apparent-failure-crypto-exchange-ftx
https://www.theblock.co/post/185746/senators-moving-forward-with-sbf-backed-bill-after-ftx-collapse
https://decrypt.co/114198/ftx-crisis-opportunity-clarify-crypto-regulations-coinbase-ceo
https://www.youtube.com/watch?v=mz5kY3RsmKo&ab_channel=FyreFestival
https://www.coindesk.com/business/2022/11/10/bankman-frieds-cabal-of-roommates-in-the-bahamas-ran-his-crypto-empire-and-dated-other-employees-have-lots-of-questions/
https://twitter.com/ftx_official/status/1591071832823959552?s=12&t=zMyJeNBqc---fKF008Or-w
https://twitter.com/WatcherGuru/status/1591086856925765632
https://www.wsj.com/livecoverage/stock-market-news-today-11-09-2022/card/ftx-needs-8-billion-bankman-fried-tells-investors-2RSa5oqZyZZ5YrPLuZuL
https://twitter.com/jpglilian/status/1591090384012136448

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