On his Substack, Cognitive Carbon says about the implosion of FTX:

…The “Fried Bankman” was set up to fail. He was propped up as a ‘useful idiot’ to facilitate money laundering, and then when his usefulness was exceeded, “they” pulled the rug out from under him–*knowing* that the result would be a collapse (again) in the crypto markets. This does two things: (1) punishes people who dare to hold non-fiat currency not controlled by the banks; and (2) raise calls for regulation of crypto, so that “they” can further squelch it.

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Alexandra Bruce

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