No more weekly recaps! They weren't doing it for me, and I don't think they were doing it for you either. Instead, let's talk about the giant Ponzi scheme known as FTX! There is a lot to unpack when it comes to FTX. Tokenize securities that aren't actually backed by anything? Massive crypto movements attributed to a hack. . . Or was it really an inside job? Was that the plan from the beginning?

How about the contagion, so far the effects haven't rippled too far, but we can expect to see some fallout. I'm sure the big players are scrambling to hide their exposure to this. The crypto market was rocked though, and Bitcoin is fighting an excruciatingly uphill battle to recover. Don't worry, we haven't hit bottom yet in my opinion. . . 

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