bitcoin had nothing to do with ftx, and it was down far before the “collapse”.
I still have trouble understanding wtf happened. I think I know why, I think I know where and possibly when it was started.
For what purpose, I have no idea since there were all those rino donations.
They were riding high in 2021 then the bottom started dropping out of all the cryptos. They started doubling down on their crypto buys thinking prices would reverse but they didn’t. Started using customer money to cover the bets and calls until there was no more customer money to steal.