Oddbean new post about | logout
 BREAKING: FTX liquidated $1b of GBTC shares. Thee have been $2.8B of outflows so far - CoinDesk https://image.nostr.build/235080acf97b5401120fa29032ba8cd8df6e7132def401d29ed71915c370b61b.jpg  
 Great timing... 
 The gift that keeps on giving 
 So the people who knew with 100% confidence custodians can't be trusted, bought a mountain of BTC via custodian. The incompetence at FTX is unending.

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