๐ฅ The FTX Collapse โ A Dark Chapter in Crypto History ๐ฅ
The fall of #FTX shook the very foundation of the crypto world.
Giants like Sam Bankman-Fried (SBF), Caroline Ellison, and Ryan Salame now serve time for their roles in one of cryptoโs biggest scandals. Meanwhile, Nishad Singh and Gary Wang avoided prison by cooperating with authorities.
๐ SBF has filed an appeal โ but the damage is already done.
๐ธ Around $16 billion is set to be returned to users โ a step toward justice, but the scars run deep.
This saga reveals some harsh truths:
โ ๏ธ The urgent need for tougher regulations
โ ๏ธ The high-risk reality of unregulated exchanges
โ ๏ธ And the fragile trust users place in the crypto system
As payouts begin, one question remains:
๐ Will crypto rise stronger from this storm?
Or are we doomed to repeat history?
#FTXCollapse #CryptoJustice #SBFTrial #CryptoRegulations #TrustInCrypto
