BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

FTX CEOs Health Was Deteriorating Before FTT Alameda Implosion

by Abimbola Adu
Nov 10, 2022 - 12:00 am
in Blockchain
FTX CEOs Health Was Deteriorating Before FTT Alameda Implosion

In light of the ongoing FTT Alameda tussle, a crypto enthusiast reported on November 9, 2022, that the health of the FTX boss was in bad shape before the whole fiasco started.

In retrospect, seeing Sam’s health deteriorating week after week (getting fat, translucid, shaking on every podcast) was telling that something wrong was going on

You usually don’t turn into a goblin if everything is okay in your life pic.twitter.com/I5nGGxMIPp

— vapor (@trading_vapor) November 9, 2022

The crypto trader and enthusiast that goes by the name Vapor on Twitter made this announcement on his Twitter page in the early hours of the day.

He further said that Sam Bankman Fried had become translucent and was shaking on podcasts, which was unusual.

To back his claim, he showed a before and after picture of the CEO, which pointed out the change in shape and physique.

Another user that goes by the name Bitcoin vs. Gold on Twitter shares the same sentiment with Vapor but in a somewhat sarcastic way.

The user compared Sam Bankman Fried to the CEO of Mt. Gox, Mark Karpeles, who was also charged with mismanaging the funds of users and subsequently sent to jail.

Mark had suddenly gained weight before his operation was blown and after he was sent to a suspended year in jail.

The FTT Alameda case continues to bring both platforms down, as many investors have withdrawn by selling their stakes and liquidating their assets.

As of November 9, 2022, all FTX-related websites have gone dark and inaccessible; a day earlier, users could not withdraw their funds from the platform.

Binance boss Changpeng Zhao who had earlier announced liquidations of their FTT assets, also said in a tweet on November 8 that FTX CEO reached out to him to save the platform from crashing.

In the tweet, he said that Binance would take ownership of FTX, and plans are already in motion to seal the deal.

However, Binance announced on November 9 that it was backing out of the deal, according to a spokesperson. 

The main reason was that FTX was recently accused of mismanaging customers’ funds, and they are allegedly under investigation by a US agency. For these reasons, Binance stated in the announcement that there was nothing they could do to help as it was now beyond their capacity.

Things are looking bad for both FTX and Alameda and could result in what one Twitter user called a “Celsius-style crash.”

Tags: FTTFTX
Abimbola Adu

Abimbola Adu

Abimbola Adu is a crypto content writer with a background in English studies. She is keen on enlightening others about cryptocurrency and blockchains. She enjoys writing poems and spending time with family.

Related Posts

Officials from Binance and the Royal Thai Police uniting in a strategic meeting to combat crypto-related crime.

Binance Aids Royal Thai Police in $277M Crypto Scam Takedown

October 3, 2023

Binance and the Royal Thai Police have teamed up to apprehend a major crypto scam ring, securing assets...

Screenshot of the Kaspa Wallet's user-friendly interface.

Kaspa Wallet: The Future of Digital Currency Management

October 3, 2023

Kaspa Wallet is leading the way in digital currency management, championing global adoption, environmental responsibility, and top-tier security...

Graphical representation of LightlessCan malware bypassing security barriers, depicting its stealthy and dangerous nature.

Advanced Malware LightlessCan in Lazarus Group’s Arsenal Spells Trouble for Crypto Firms

October 2, 2023

The malware LightlessCan, employed by Lazarus Group, is a silent but deadly threat, evading detection with its enhanced...

Brad Garlinghouse announcing the update on the Fortress Trust acquisition.

Ripple Abandons Planned Fortress Trust Acquisition Deal

September 29, 2023

Ripple, in a sudden twist, cancels the intended acquisition of Fortress Trust, emphasizing continuous support and investment in...

Press Releases

David Ferrucci next to the Elemental Cognition brand emblem.

BM Watson’s Lead Developer Secures $60M for New AI Venture, Elemental Cognition

August 18, 2023

David Ferrucci, has raised a remarkable $60M for his AI startup. The company brings forward two pioneering chatbot solutions designed...

pulse5

Amsterdam Gets with the Dutch Blockchain Days the Biggest Event of the Benelux in the Field of Blockchain, Crypto Currencies, NFTs and Other Web3 Developments

May 8, 2023

Discover the future of blockchain, crypto, NFTs, and Web3 at Dutch Blockchain Days, the largest event in Benelux.

pulse4

Korea Blockchain Week 2023 Set to Push the Boundaries after Record-Breaking 2022 Event

May 8, 2023

Korea Blockchain Week 2023 returns after a highly successful 2022 event, featuring leading experts and the latest trends in blockchain...

pulse3

Istanbul Will Be Hosting Eurasia’s Largest Blockchain Event Once again on May 8–11, 2023

May 8, 2023

Join Eurasia's largest blockchain event, the Blockchain Economy Istanbul Summit, May 8-11, 2023, and discover the future of financial technology.

View All
BTC-Pulse LogoTransparent

© 2023 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2023 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise