Social FTX update: Sam Bankman Fried arrested

Off-duty chat, hobbies, and general BS. If it’s not about the game or the news, it’s here.
Now this guy is the “most humble” crypto billionaire

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If you have the time check out the GME DD library:
https://fliphtml5.com/bookcase/kosyg

And you can also learn more at:
https://www.reddit.com/r/Superstonk/

I only mention this because they are following FTX there too. The rumor is that a lot of short sales were somehow turned into tokenized security offerings (TSO's) which were being sold at FTX. The short sellers would hedge their bets by buying these TSO's but the TSO's were themselves shorts, not longs.

So they hedged their shorts with shorts. Brilliant.

So yeah they're expecting a short squeeze. Have been for quite a while, but with FTX blowing up it's looking more likely.
 

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