Ive heard over 300 million dollars has already been taken. Possibly up to a billion dollars. Early speculation is that its an inside job by FTX employees or possibly even Sam trying to make a getaway. Ill wait until we find out what really happened but it sounds like this is quickly on its way to becoming a Hollywood movie. Be careful out there!
Yes, this disaster is certainly a very good Hollywood movie material and they already have the lead in name: Jonah Hill which got a lot of similarities with SBF. Now, no matter how we take things here lightly, this is a very sad week for the whole cryptocurrency as this unfolding situation is a big blow to its core. Of course, am not worried of its survival because it will but this can surely set us many years backward. I would agree that there is a strong possibility that this is just an inside job...maybe even with the approval of SBF himself so he can get some of the money he needs while hiding somewhere in a remote island.