
Hanzo 🉐|Oct 17, 2025 01:19
🚨 BREAKING: SBF (FTX) is back
Here is the latest update about FTX bankruptcy (so funny and sad at the same time):
> John Ray became FTX CEO within hours after the collapse through insider ties
> He billed 1.3–1.6K/hr and later gave himself a 40M bonus
> Sullivan & Cromwell, FTX’s former law firm, recommended Ray — then got 150M+ in fees
> Victims’ crypto was frozen at 2022 prices, gains went to the estate, not them
> The system lets lawyers drain bankrupt estates legally, billing endlessly with no oversight
> Big firms stay silent to keep future trustee roles
> Everything is “legal,” but ethically broken
> The FTX case became a model for how insiders get rich while victims lose again
Scammers scam scammers who scammed people, such a circus(Hanzo 🉐)
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