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FTX

 Sam Bankman-Fred, founder of FTX, just had an interview yesterday. He says that FTX U.S., they will get back $1 to $1, but only a quarter for ftx.com. There's some other interesting revelations that he donated money to the Republican party, but his donation to the Democratic party was double that amount. It's really weird because everybody's like, "Oh, he's a Democrat donor." But he claims he donated to both sides.

The other thing was he says he shouldn't have filed bankruptcy and that more liquidity came in. I don't believe him on that, to be honest. But he did say that people did wire money to Alameda instead of into FTX, which is one of the red flags there. Let's keep going.

FTX hearing is going to be in two weeks. That is going to be very impactful to crypto. The sentiment from the government is going to be very interesting. Our best hope is that they realize this is not a crypto issue. It is a “how do you run a company”, risk management, issue.

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