It was FTX

[Pigeon]

He proves most people really are stupid, gullible and greedy.

[Royal]

What an odd person, group, and story.

Something tells me there was more to this operation.

[Pigeon]

Yes, It is called air. The dude screwed up though.

[Royal]

He looks like if Edward Scissor hands was into crypto.

[Pigeon]

Silk Road being the first real use of cryptocur should be a hint.

[Pigeon]

How can anyone be surprised.

[Royal]

Did you hear the part about the ex-Enron exec? Would of paid to see your reaction.

[Pigeon]

John Jay Ray III

JR III

J2R3

Big Ray Ray to 'clean up' another greed fess. One thing is for sure, he gets a good payday. Others, not so much.

Crypto. Hey, get in on it, free money. Blah Blah. Worked out well for one guy.

[Pigeon]

How much damage to the environment did all that crypto mining do in all of this. Guys selling gas and coal love it.

[Pigeon]

John J. Ray, who has helped oversee some of the biggest bankruptcies ever, including Enron’s, said in a filing to federal bankruptcy court that he has never seen anything as bad in 40 years of restructuring firms.

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” Mr. Ray said in the filing. “From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.”

Greed can shut off the human brain. This whole thing is quite funny. It is decentralized, those greedy and crooked bankers are eliminated. 'Blockchain, blockchain, blockchain.'

I'm gonna put mine in an unregulated exchange and really make money. 20%, 30%, 100%, whoo hoo.