- The safe and "trustworthy" yield earning products are ponzi's. Even Genesis on the Gemini earn product has admitted to 200M in lost funds that they had on FTX, to get their 8% Yield on deposits. They kept half and gave the users half. It was the same high risk just lower yield. https://twitter.com/genesistrading/status/1590836594382032896 7 comments cryptocurrency
Linking pages
- The FTX contagion: Which companies were affected by the FTX collapse? https://cointelegraph.com/news/the-ftx-contagion-which-companies-were-affected-by-the-ftx-collapse 16 comments
- Untangling Digital Currency Group and Gemini | Part 1 https://www.frontruncrypto.com/p/untangling-digital-currency-group 11 comments
- Digital Currency Grift - Dirty Bubble Media https://dirtybubblemedia.substack.com/p/digital-currency-grift 1 comment
- The 'DEF CON Scenario': Investors Eye Digital Currency Group After FTX’s Implosion - The Defiant https://thedefiant.io/dcg-grayscale-genesis-ftx-fallout 1 comment
- Sam Bankman-Fried oversaw FTX’s meltdown, and the fallout is reaching DC - The Verge https://www.theverge.com/2022/11/15/23459268/sam-bankman-fried-ftx-bankruptcy-crypto-lobbying-washington 0 comments
- FTX Collapse Hits The Winklevoss Brothers https://www.investopedia.com/genesis-and-gemini-paused-withdrawals-6829599 0 comments