SBF told Forbes in June ‘22 that some third tier exchanges are already insolvent. We are far from bottom if the FTX fall triggers a cascade effect

COO & Founding Team @QuokkaBrew 
CPG, Crypto, Baseball, and Sneakers

now /backpack • building @so many products • prev. @everyname (acq) @nethermind @proximacapital @consensysacad • thomphreys.com

Anyone want to start a pool on which exchange will be next? 😂

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

100% agreed. Will be a nice test to see how strong willed everyone is watching their bags drop 75%

I would be surprised if there are no cascade events

Building The Future, Today // Content on Crypto, Gaming, Ai // Consumer  
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Defi maxies taking victory laps right now

yup, to watch this play out will be crazy!