So some crypto exchange based in the Bahamas filed for Chapter 11 bankruptcy. At least $32 billion in debts. Some say this could be two to three times bigger than the Enron collapse. And it is cascading through the crypto world. People are worried about where it will stop.
But what is poetic justice here is that the boy genius behind this company is only 32, was a multi billionaire by mid twenties, and promised to give $1 billion to the evil 🤡 party. Now they are angry he only gave $50 million. And he was donating money while he knew his company was about to go bust.
So anyone own any crypto? What are your thoughts? Could this be the end of crypto or just typical growing pains for a new paradigm?
But what is poetic justice here is that the boy genius behind this company is only 32, was a multi billionaire by mid twenties, and promised to give $1 billion to the evil 🤡 party. Now they are angry he only gave $50 million. And he was donating money while he knew his company was about to go bust.
So anyone own any crypto? What are your thoughts? Could this be the end of crypto or just typical growing pains for a new paradigm?
