A collapse the size of FTX doesn't go unnoticed. Prosecutors with the U.S. attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of the crypto exchange.
The ongoing saga with FTX may be shifting to the regulatory and legal implications of a major crypto exchange collapsing. Rumors have circulated around social media platforms and news outlets concerning the firm as well as former CEO Sam Bankman-Fried.
So either the collapse of FTX and SBF's was -- checks notes -- an inevitable result of a speculative bubble managed by 20-something douchebro tech kids -- or a sophisticated global money laundering operation masterminded by -- checks notes -- Joe Biden.
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