News for hackers. Stuff that matters.

A comment on FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show. Parent comment

Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by 55555 on Tuesday November 08, 2022 @09:53AM (#33519603)
Yeah, but why wouldn't he want to sell his hundreds of millions of dollars worth of FTT before crashing the price? Isn't that a bit strange?
[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by shapefrog on Tuesday November 08, 2022 @10:38AM (#33520143)
Sell $100 mil at 22, buy em back at 17 ... Profit $22 million.
[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by cryptoanon on Tuesday November 08, 2022 @09:59AM (#33519674)
Ego wars. Sam made a joke about CZ getting arrested on US soil.
[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by bhouston on Tuesday November 08, 2022 @12:21PM (#33521528)
Your comments cryptoanon have been so incredibly wrong about FTX/Alameda...

https://news.ycombinator.com/item?id=33520624

[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by cryptoanon on Tuesday November 08, 2022 @06:14PM (#33525573)
I never made any comments about FTX.
[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by jjulius on Thursday November 10, 2022 @09:56PM (#33556815)
Alameda, on the other hand...

https://news.ycombinator.com/item?id=33465861

[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by snapcaster on Tuesday November 08, 2022 @01:36PM (#33522547)
I'm guessing they sold as much as they could before the announcement, but regardless of the theoretical money value i don't think there was actual hundreds of millions of liquidity so using this stack to wipe out a competitor is probably the most effective way of using it
[ Parent | on HN ]