# FTX is gone

**Published by:** [xuanling11](https://paragraph.com/@xuanling11/)
**Published on:** 2022-11-09
**URL:** https://paragraph.com/@xuanling11/ftx-is-gone

## Content

FTX is REKT. https://twitter.com/unusual_whales/status/1590066395752312832 From crypto billionaire to zero in only two days, CEO of FTX SBF is under water. https://twitter.com/cz_binance/status/1590013613586411520 With $1B worth of the second largest crypto exchange and leverage of $6B with its own crypto $FTT, it got rekt within two days. The entire crypto space is under audit with a financial stress test, and it fails. https://twitter.com/M6Labs/status/1590041493829320704 Binance has become an unstoppable crypto exchange, but regulations are coming sooner and later. https://twitter.com/BitcoinMagazine/status/1589814827257843713 https://twitter.com/videobitcoin/status/1590058427677822978 Crypto lacks transparency... https://twitter.com/cz_binance/status/1590055819416330240 And on the other hand, Do Kwon is back! https://twitter.com/cmsintern/status/1590067480973623296 Crypto exchanges are consolidating to push out fake balance sheet platforms and centralized crypto exchange is getting bigger for regulations to become more strictly enforced. Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5! Photo by Brianna Tucker on Unsplash

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