Sam Bankman-Fried’s trading firm, Alameda Research, is insolvent and now FTT Token and FTX exchange are on the brink of collapse. Here's why.

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0:00 Intro
0:44 Alameda Research and FTX Insolvent
1:28 The flywheel scheme
2:24 FTT Token is illiquid
3:56 CZ Binance dumps FTT Token
5:22 SBF must defend FTT at $22
7:06 Is CZ trying to destroy SBF?
8:05 FTX bank run
9:55 Conclusion

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#ftx #bitcoin #cryptocurrency