Submitted by driftingwood2018 t3_z70z66 in jerseycity
Allentw t1_iy4moy1 wrote
I’m surprised they are still around. Thought they ran into some problem last year with the regulators.
Edit: looks like they were in trouble and got a bail out from ftx but ftx can’t even save their own ass
driftingwood2018 OP t1_iy4zc49 wrote
Yea they got in trouble with marketing interest rates on some of their products, got a slap on the wrist, then financial trouble, FTX started bailing out and buying up troubled crypto firms until they were exposed as a huge fraud themselves
Allentw t1_iy5u5lh wrote
Turns out you can’t print money (FTT) out of thin air 🤣
dont_shoot_jr t1_iy5wn0j wrote
They weren’t printing it…they were posting it online…blockchain
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