Discover and read the best of Twitter Threads about #SamBankman
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1/ #SBF might have ignited the FINAL death spiral
🧵A thread on why an #FTX bankruptcy is the #Lehman of #DeFi
#CZBinance #FTT #SamBankman #BlockFi #DeFi
🧵A thread on why an #FTX bankruptcy is the #Lehman of #DeFi
#CZBinance #FTT #SamBankman #BlockFi #DeFi
2/ With $2+bn raised, support from virtually every tier 1 fund, a $32bn valuation, 1.2m wallets & $10bn in deposits, #FTX was 2nd to none other than the man that triggered their bank run - #CZ's #Binance.
3/ As @FTX_Official files for bankruptcy, what's left are 100K+ creditors, $10+bn in liabilities, and... a new high score on a certain graph
