Game over for FTX

https://www.coindesk.com/business/2022/12/13/with-ftxs-founder-facing-charges-new-ceo-details-lack-of-independence-of-ftx-us/

It's hard to conceptualize $8 billion, but here's a helpful exercise. Imagine a professional sports team.

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Imagine all the players on the team, the uniforms, the coaches, the concession stands, the merchandise, all the fans in the arena, and the fans watching from home. Imagine all the hope it signifies.

Now, imagine that team didn't exist. That's how big $8 billion is.

Hold your keys.