Disbelief in FTX collapse drives theories Sam Bankman-Fried is a deep-state agent

Disbelief in FTX collapse drives theories Sam Bankman-Fried is a deep-state agent

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Disbelief in FTX collapse drives theories Sam Bankman-Fried is a deep-state agent

CryptoSlate3 months ago
TerraTerra
BNBBNB
Published on November 10, 2022 18:36 GMT+00:00edited on November 10, 2022 18:39 GMT+00:00

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The community is speculating whether FTX co-founder Sam Bankman-Fried (SBF) is a deep-state agent tasked with bringing down the cryptocurrency industry.

Events over the past few days have exposed an $8 billion black hole in the company’s balance sheet. Allegations of shady trading practices, including non-segregation of customers’ funds and running a Ponzi scheme through its native FTT token, are doing the rounds.

Before this came to light, SBF was generally considered an industry titan who strove to push cryptocurrency forward on the legacy stage.

However, given the potential consequences of the FTX collapse, including tough new regulation and loss of credibility, some theorize SBF had other, more sinister, objectives all along.

FTX was a plant all along

Fleshing out this …