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by malikNF 1321 days ago
Well goes to show Sam Bankman-Fried was a world class con-man, or Sequoia and their team of analysts, lawyers, etc are no better than the folks who fall for scammers and con men then.

In a lot of crypto currency circles people were questioning FTX, many warned about leverage.

* There can only be 21 million btc.

* If someone says you can leverage BTC they are selling you something that probably doesn't exist.

* If you don't hold your own BTC you don't own any BTC.