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2 hours agoFTX were a bunch of kids that had zero experience managing risk through down markets that overextended themselves. Binance let their guard down in an escalating cyber security risk environment. It’s a different kind of stupid.


FTX were a bunch of kids that had zero experience managing risk through down markets that overextended themselves. Binance let their guard down in an escalating cyber security risk environment. It’s a different kind of stupid.


The model 3 was their big mass market car. The garbage truck probably turned off more people than it turned on.
From Garbage Truck to Slop Taxi