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The stories so far (HN items with >100 comments): Tuesday 11/08 129 https://news.ycombinator.com/item?id=33518961 https://news.ycombinator.com/item?id=3351896
by password4321 4y ago
The stories so far (HN items with >100 comments):
Tuesday 11/08
129 https://news.ycombinator.com/item?id=33518961 https://news.ycombinator.com/item?id=33518961 FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show (theblock.co)
747 https://news.ycombinator.com/item?id=33520585 https://news.ycombinator.com/item?id=33520585 Binance to acquire FTX (bloomberg.com)
110 https://news.ycombinator.com/item?id=33523274 https://news.ycombinator.com/item?id=33523274 FTX Token, FTT down by more than 80% in less than 24 hours (ftx.com)
Wednesday 11/09
430 https://news.ycombinator.com/item?id=33535161 https://news.ycombinator.com/item?id=33535161 FTX’s financial black hole leaves Binance balking at rescue plan (bloomberg.com)
420 https://news.ycombinator.com/item?id=33537821 https://news.ycombinator.com/item?id=33537821 We will not pursue the potential acquisition of FTX (twitter.com/binance)
Thursday 11/10
189 https://news.ycombinator.com/item?id=33541790 https://news.ycombinator.com/item?id=33541790 Ftx.com Has Probably Collapsed (effectivealtruism.org)
197 https://news.ycombinator.com/item?id=33547102 https://news.ycombinator.com/item?id=33547102 The Sam Bankman-Fried empire crumbled. What happened? (mollywhite.net)
516 https://news.ycombinator.com/item?id=33547863 https://news.ycombinator.com/item?id=33547863 FTX tapped into customer accounts to fund risky bets, setting up its downfall (wsj.com)
Friday 11/11
108 https://news.ycombinator.com/item?id=33558225 https://news.ycombinator.com/item?id=33558225 FTX Yikes (rekt.news)
1168 https://news.ycombinator.com/item?id=33561234 https://news.ycombinator.com/item?id=33561234 FTX to file for U.S. bankruptcy, CEO resigns (reuters.com)
Saturday 11/12
800 https://news.ycombinator.com/item?id=33570274 https://news.ycombinator.com/item?id=33570274 FTX faces potential hack, sees mysterious outflows totaling more than $600M (coindesk.com)
174 https://news.ycombinator.com/item?id=33571734 https://news.ycombinator.com/item?id=33571734 FTX investor Sequoia removed its glowing profile of Sam Bankman-Fried (businessinsider.com)
174 https://news.ycombinator.com/item?id=33575281 https://news.ycombinator.com/item?id=33575281 FTX held less than $1B in liquid assets against $9B in liabilities (ft.com)
139 https://news.ycombinator.com/item?id=33577311 https://news.ycombinator.com/item?id=33577311 FTX hacker identity discovered by Kraken Exchange team? (cryptoslate.com)
>> https://news.ycombinator.com/item?id=33577437 https://news.ycombinator.com/item?id=33577437 FTX balance sheet, revealed (ft.com)
^^ You are here ^^
- password4321 4y agoAnd if you had an "FTX" alert on HN/Twitter, you'd have seen: Sunday 11/06 1 https://news.ycombinator.com/item?id=33494404 https://news.ycombinator.com/item?id=33494404 Due to “recent revelation” Binance is liquidating their FTX Token holdings (twitter.com/cz_binance) > Context: Friday 11/04 254 https://news.ycombinator.com/item?id=33464494 https://news.ycombinator.com/item?id=33464494 Crypto trading firm Alameda Research might be insolvent (dirtybubblemedia.substack.com) -- All in time for: Tuesday 11/07 -> Monday 11/06 ("yesterday") https://news.ycombinator.com/item?id=33518961#33520094 https://news.ycombinator.com/item?id=33518961#33520094 > I admit I did panic and tried to withdraw my funds yesterday. They just processed it today. A bit delayed but still processing. -- "Get Out" vibes for sure.
- oldgradstudent 4y ago> "Get Out" vibes for sure. At that point it was too late. If a significant number of customers tried to withdraw a few days earlier, FTX would have collapsed a few days earlier. The mistake was made when giving FTX the money.