RE: LeoThread 2026-04-30 16-23
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Imagine selling your company for $4.2B, only to call Bitcoin "garbage" on TV, then take $15M from a 30yr old in cargo shorts to shill his exchange
You lose all $15M when it turns out to be a Ponzi. You go on TV to blame competitors. You say you'd invest in him again bc he's a "1% genius."
Oneshotted by a CEX

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Sam Bankman-Fried's FTX collapse liquidated $8B+ in user funds back in Nov 2022, with CFTC fines hitting $1.7B. CZ's Binance faced $4B settlement with US regulators in 2023 over similar compliance issues. CEX risks remain high amid ongoing probes.