Quote from: DapanasFruit on Today at 09:12:07 AM

...can still happen in the crypto industry...

I think it was nothing more than a prank, what is there to see for a simulation, in no way you could gain anything meaningful from a simulation game.

Quote

... real world ...still taken for granted and just fooled even by the very people...

are you telling me thing would change dramatically within a short timespan as short as a year? That is bold claim!

Quote

...and now we are starting to see the truths coming out. We have been rugpulled...

What have we have today that is we can see, tbh there is nothing to see except usual narratives that is all over the place, I'm not going to tell anyone to believe anything on the internet, even though it is/may be truth.

Quote from: BenCodie on Today at 09:17:26 AM

You are right in feeling the way that you feel, however this is just the system in power at play. FTX was able to grow ... The ultimate goal? Maybe not to rob all of the people within FTX...

I'm fortunate I wasn't in any meaningful way to do with FTX, I had read horror story all over the internet, I was shocked to know investors actually send life saving into FTX exchange and they got lock out from the exchange, balance wipe out, frozen, they are still haven't give up (even now) and waiting for the REFUND proceeding, I mean how is guy so gullible to send life saving to a brand new exchange, is it greed or is it pure marketing that is at work? I do not know the total damages, it is horrible the loss is well felt across the board.

Quote

...capitalize from it. Imagine the gains that were made by those who knew ...made from shorting it ...... traders who understood the market was overbought, thus shorting it, got liquidated...and got liquidated?

All of this are pure gamble, I do not think you have a chance eventhough you have every information exposed right before your eyes, you can catch a poker cheating in a match, but it is the exchange you are dealing with, it is intangible which there is literally nothing you can do to riducule them, not a chance, go long or go short you loss, in a dice game go big or go small you loss, rigged game!

Quote

...have destroyed way more than the ~$50b that FTX lost/mishandled ... that were in the know...

I couldn't ignore the news totally, yup I think the figure is quite reasonable, I was shocked to know the entity alone could mint near $35b worth of USDT, how on earth they could pull the figure is totally out of my head! Also many investors got totally wrecked by the collapse!

Quote

...And yet, no news about this. ...that's life.

Classified news like this would never get into your hand btw, it is too shady to be publicized.

Quote

... There will always be bad actors, ...

Too bad, you can never read a person intention or mindset, you do not know what would come to you until the very end, by the time you realize them, it is too late!