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Is it going to be any more impactful than any of a dozen other big crypto deaths?



SBF getting blown up is going to be a bigger deal than any of those other ones.


Why? Isn't FTX like 6% of the trading volume? Who cares?


With BTC down 25% in the last 5 days (including a very sharp drop today as BN "balked", it's clear some people do.

A rising tide lifts all boats, but a very public sinking ship makes people reconsider boat ownership.


Justified or not, people treat him like the one legitimate and non-scammy crypto billionaire. This is going to have an outsize influence.


I mean, when MtGox blew up there was a multi year crypto winter.


If you’re stupid enough to put your money in a fantasy, yes, I guess.




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