/biz/ - Business & Finance

I see a lot of brainless goyim posting on here and on twitter, blaming cz for the market crash because he tanked the price of FTT.

I'm going to spell it out for you retards.

Alameda most likely went bust months ago, round about the time that 3AC blew up. Ftx tried to bail them out, bit when the cash ran out, they started using user deposits. They wanted to try to gamble their way back. The funds were given as a "loan" to alameda, which was collateralised using worthless FTT tokens.
The customer deposits are still unaccounted for and it is unclear exactly what has happened to them. No doubt, if they could be retrieved/liquidated then SBF would have done so. Those funds are long gone. They could have been stolen (unlikely) or, most probably, lost on leveraged long positions.

There is absolutely no way that SBF, Caroline, and everyone else involved at FTX/Alameda were not aware of this. There is a reason that so many people resigned from that c9mpany in the past few months. They have all been actively covering this up, praying for a miracle bullrun to bail them out. It all backfired and caught up with them in the end.

FTX has committed one of the largest frauds probably ever recorded. They stole tens of billions from user deposits and lost it all on leveraged crypto trades. I guarantee you that SBF is going to prison, 100%

Cz did nothing wrong here. He has the solvency of his own exchange to worry about, and him liquidating his FTT as soon as he found out about this mess is literally the only logical course of action that a sane person would take.

>>27586024
>that webm
Pain.

>>17766377
Ever heard of the 2008 housing bubble? Any market can be artificially pumped with an influx of dumb money fuelled by banks

>missed the big short opportunity of a lifetime
How am I going to live with myself bros. This was all so predictable FFS, why the fuck didn't I short the market 2 weeks ago when it was OBVIOUS this virus was about to go parabolic.
I'm gonna kill myself over this, I could have made millions by now...

Hey /biz/

Let's say you just invented a game changing new product in your industry that will help people product 25-100% more profit from just using your product.

You've already completed beta tested, getting it government approved and you've formed an LLC around it.

What would you do now?

How would you utilize this to make the most money?

How would you get the word out about it?

How would you protect your invention?

Any thoughts or brain storming would be appreciated.