Everyone thinks Sam Bankman-Fried's fraud conviction put the FTX disaster to rest, but actually he is petitioning the US Supreme Court to have it overturned.
Plenty of people still hold bags of $FTT after watching their funds disappear in the collapse. That lingering loss creates constant second-guessing about when to cut ties and whether any recovery is even possible.
It is a bit like a shop owner who keeps appealing a bad health inspection all the way to the national regulator. SBF hopes the highest court will see things his way.
The market barely blinked with $BTC up 0.01 percent and $FTT down 0.73 percent. Top 30-day volume traders know better than to ignore these leftover legal threads because they can still tug on overall sentiment.
The common mistake is treating old crypto blowups as ancient history when the paperwork is still moving through the courts.
Where do you think this appeal heads from here?
#FTX #SBF #Bitcoin
Plenty of people still hold bags of $FTT after watching their funds disappear in the collapse. That lingering loss creates constant second-guessing about when to cut ties and whether any recovery is even possible.
It is a bit like a shop owner who keeps appealing a bad health inspection all the way to the national regulator. SBF hopes the highest court will see things his way.
The market barely blinked with $BTC up 0.01 percent and $FTT down 0.73 percent. Top 30-day volume traders know better than to ignore these leftover legal threads because they can still tug on overall sentiment.
The common mistake is treating old crypto blowups as ancient history when the paperwork is still moving through the courts.
Where do you think this appeal heads from here?
#FTX #SBF #Bitcoin
