If 2022 couldn’t get any more dramatic – it’s about to.
Prosecutors in Manhattan are rumored to be looking into Sam Bankman-Fried’s (SBF) FTX for allegedly triggering the collapse of Terra’s Luna ($LUNA.X) and the stablecoin, TerraUSD ($UST.X).
You can read the full story from the New York Times, which does a rehash of what crypto people in 2022 already know.
But what the Times doesn’t discuss is this story from Monday’s (December 5, 2022) Litepaper: Alameda CEO Spotted Near FBI And US AG Offices?
I don’t know about you, but it looks like Caroline Ellison is not just the former CEO of a bankrupt hedge fund – but possibly the person holding the immunity idol in exchange for some juicy deets on what happened.
If the allegations are true, then SBF not only triggered the 2022 crypto collapse beginning with Terra, but he unwittingly destroyed himself in the process.
And then, damn it, that means Do ‘Con’ Kwon was right – it was a targeted hit. Might have to call him Do Kwon again.
On a related note, SBF announced that he will testify before the U.S. Congress on December 13 – whether that means in person or virtually, we don’t yet know. 💣