👉 Nov 2: CoinDesk publishes article on FTX and Alameda's ties
👉 Nov 4: Dirty Bubble Media (@MikeBurgersburg) publishes damning "Is Alameda Research Insolvent?" piece
👉 Nov 7: CZ announces decision to sell remaining FTT tokens
👉 Nov 8: FTT drops 80%
👉 Nov 9: Binance agrees to acquire FTX
👉 Nov 9: Binance backs out of offer to buy FTX, hours after its announcement. FTX continues to crash
👉 Nov 10: SBF apologises, saying he “f**ked up”
👉 Nov 11: FTX files for Chapter 11 bankruptcy, SBF resigns as CEO
👉 Nov 11 onwards:
– John J. Ray III takes over as CEO per bankruptcy filings
– Details emerge on SBF's alleged drug use, wild parties, and orgies in The Bahamas
👉 Nov 15–17: Users discover Caroline Ellison's old Tumblr account with posts about her "foray into poly".
Javier Biosca is one of the most well-known scammers in the crypto world. It all began in 2019, when he set up a #crypto investment firm, Algorithms Group. 🪙
2. Biosca’s Algorithms Group promised over 25% gains on crypto like $BTC, $ETH and $LTC *every week*.
Sounds too good to be true to you? Not to the 300 European customers he swindled though! He cunningly hustled a total of €100 million from them.