The consequences of the collapse of FTX, one of the largest crypto exchanges in the world, continue to be felt in the cryptocurrency market. After its founder and former CEO, Sam Bankman-Fried (SBF), was arrested and extradited to the United States and released on bail, former stockbroker Jordan Belfort made remarkable assessments about what happened.
Jordan Belfort, known as the “Wolf of Wall Street”, told Newsmax’s Eric Bolling on December 23 that SBF is over and that the collapse of the FTX ecosystem is largely Caroline, former CEO of Alameda Research, who was arrested with SBF. He said it was caused by Ellison’s drug use. According to Belfort, the situation is developing exactly as he thought, and the SBF and others involved in the scandal are fully cooperating with the authorities:
“They confessed. This means they are currently giving a roadmap to the US prosecutor and the FBI.”
Source: https://newsbtc.com/news/bitcoin/wolf-of-wall-street-advises-crypto-investors-to-hang-on-to-bitcoin-and-ethereum/
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