1- The #FTX scandal shook crypto and even the TradFi world, but how did we not see this coming? Here are the signs we missed
Some Red Flags that show SBF has been engaging in fraud since #Alameda discovered it.
🧵
2- Red Flag raised #3AC Founder Sam Bankman Fried was known for betting big and often promised: “HIGH RETURNS, NO RISK”
@zhusu
3- Red Flags comes from Sam Trabucco When Trabucco, Alameda’s former co-CEO, posted a thread about superpowers, that should have been a warning sign. This thread was on April 22, 2021, and he resigned on august 25,2022.
@AlamedaTrabucco
4- When Alameda first starts, they commit fraud because they promised a high return with no risk, which is completely unacceptable and raises a red flag.
they also don’t do any documentation or risk management. The failure of FTX is not due to crypto, but rather to mismanagement of centralised exchanges.
cryptoavanza.com/ftx-scandal-sh…
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