This Washington Post article is 2,000 words of marketing material for how brilliant the Bankman-Fried empire's contributions to pandemic preparedness, political contributions, lobbying efforts were — and close to zero words on remorse or accountability.https://t.co/5ocmePF9ao
— Autism Capital 🧩 (@AutismCapital) November 17, 2022

Binance, Bybit, and OKX suspend deposits of Solana-based USDT and USDC

Bybit also suspended Solana-USDT and Solana-USDC. pic.twitter.com/MNZCCWeKg8
— Wu Blockchain (@WuBlockchain) November 17, 2022

Justin Bieber’s $1.3 million BAYC is now worth $69k

Justin Bieber paid $1.3 million for a Bored Ape #NFT. It’s now worth $69K.
— whalechart.org (@WhaleChart) November 16, 2022

Justin Bieber purchased this Bored Ape NFT in January for $1.31 million.

Today, it’s worth $74,382. pic.twitter.com/ovG4hhv2cl
— Watcher.Guru (@WatcherGuru) November 17, 2022

Elon Musk says Twitter is better than old-school media

Coverage of FTX meltdown is incomparably faster *and* better quality on Twitter than old-school media
— Elon Musk (@elonmusk) November 17, 2022

Not to mention the sickkk memes lol
— Elon Musk (@elonmusk) November 17, 2022

SBF is still in denial

Unhinged text messages from SBF shared with a VOX reporter. He is still in denial. His biggest regret is "filing for chapter 11" bankruptcy. i.e. "someone else is in charge of my money and now I can't get new investors and trade my way out of this hole."https://t.co/FLa6H2zutj
— Autism Capital 🧩 (@AutismCapital) November 16, 2022

"If I hadn't done that (Chapter 11) withdrawals would be opening up in a month with customers fully whole. But instead I filed and the people in charge of it are trying to burn it all to the ground out of shame. I might still get there."

jfc. pic.twitter.com/rkYCJa6ulD
— Autism Capital 🧩 (@AutismCapital) November 16, 2022

pic.twitter.com/LeuEmqgkae
— Autism Capital 🧩 (@AutismCapital) November 16, 2022

FTX hacker is now among the largest ETH holders

the insider who rugged FTX wallets post bankruptcy is now one of the largest holders of ETH, will be a major censorship test for ethereum, expect most stakers to start blacklisting it shortly, surprised they are not rushing to swap it into bitcoin pic.twitter.com/kBYr2mRdE6
— ODELL (@ODELL) November 16, 2022

SBF spotted at a grocery store

SBF was just spotted earlier today in what appears to be a grocery store in the bahamas with no security or law enforcement around… pic.twitter.com/YWLPrfjo2o
— cop (@psyopcop) November 16, 2022

Massive ETH withdrawals on Gemini

1/ We analyze the $ETH withdrawal address "0xd244" of #Gemini and find that:

Yesterday (Nov 16, UTC),

– there are 4,466 $ETH withdrawals;
– 219,848 $ETH ($267M) was withdrawn;
– 3,604 addresses withdrew $ETH from #Gemini. pic.twitter.com/iVNkrcFk6W
— Lookonchain (@lookonchain) November 17, 2022

2/

The withdrawal data on Nov 16 is about three times that of Nov 15, Nov14, and Nov 13.

The $ETH withdrawal amount on Nov 16 was less than Nov 12, but the withdrawal addresses were more than Nov 12, indicating that many retail investors withdraw $ETH from Gemini yesterday.
— Lookonchain (@lookonchain) November 17, 2022

3/

Here are the top $ETH withdrawal addresses on Nov 16.

It is worth noting that the address “0xc76c” has withdrawn Ethereum from Gemini every day for the past week, and a total of 63,888 $ETH ($77.4M) has been withdrawn.https://t.co/yIOWEmQ8uN pic.twitter.com/1pwnf1Qsht
— Lookonchain (@lookonchain) November 17, 2022

Gemini has seen $570M in withdrawals over the past 24 hours.

Exchange Netflow (24H):

Gemini -$494.6M
Binance -$437.2M
Coinbase Custody -$57.1M
Kraken -$38.1M
OKX -$26.8M
KuCoin -$23.1M
and others

*ETH & ERC20 tokens only, from addresses that we have labeled pic.twitter.com/mJBxm8NZ4i
— Nansen 🧭 (@nansen_ai) November 17, 2022

Russia and Cuba are working on a mechanism for crypto international payments

BREAKING‼️ – Russia and Cuba are "developing a mechanism" for the use of cryptocurrencies for international payments.
— Bitcoin Archive (@BTC_Archive) November 17, 2022

SBF may be extradited to the US

BREAKING: FBI to extradite SBF from Bahamas to the U.S

Finally.

– DailyMail
— Satoshi Stacker (@StackerSatoshi) November 16, 2022

CZ says Binance was never in battle with FTX

"We were never in a battle with @SBF_FTX. He may have thought he was in a battle with us, we didn't even notice," says @cz_binance. "We don't focus our energy on other smaller exchanges. We're much more focused on how to grow the industry." pic.twitter.com/nr5hCJ5Ipg
— Squawk Box (@SquawkCNBC) November 17, 2022

Here’s what FTX’s new CEO had to say

When the guy who oversaw Enrons bankruptcy says this, you gotta wonder, how much meth was involved?

"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here." pic.twitter.com/XXbrnF6rFc
— Hsaka (@HsakaTrades) November 17, 2022

Alameda loaned $1 billion to SBF

Three loans by Alameda Research Ltd.: one to Mr. Bankman-Fried, of $1 billion; one to Mr. Singh, of $543 million; and one to Ryan Salame, of $55 million. https://t.co/0rEK4CIMbT pic.twitter.com/rop2eLlQ6m
— Wu Blockchain (@WuBlockchain) November 17, 2022

Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.