SBF has been abandoned for too long, reportedly he is still on vacation in the Bahamas, while hundreds of thousands of FTX users are still waiting for confirmation about their frozen funds in FTX.
Do you leave your money on FTX? Currently, there is some information that FTX is planning to pay investors from the Bahamas, the United States, and Japan. Since FTX has a license to do business in these countries, if he doesn't want to get into the law, SBF will have to refund everyone and for investors not from the above countries, their chances of getting their money back are almost zero.
That's the risk we take when we enter the market, I hope everyone will learn their lesson this time, don't leave our money on the exchanges and only invest the money we can lose.
I'm lucky that I never used FTX though, I only focused on using Binance and Kucoin. however, many of my friends on Facebook have experienced big losses because until now their money is still stuck there. the FTX collapse proves that we cannot entrust our assets to CEX, they use the filled liquidity to invest in other businesses and hope that the circulation of money that occurs can pay everyone but when there is an issue, they immediately collapse in less than 24 hours.