Contract liquidation is often not due to a fierce market, but rather because people are too greedy. Wanting to win with 1000U depends on one key aspect: slowness. Slow enough to be ridiculed, slow enough that the market can't shake you off. As long as you're alive, there will always be a day when you can reap rewards.
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The FTX cryptocurrency exchange collapse incident, who knows? This is a highly impactful bankruptcy case in the crypto circle, let's take a look.
FTX was founded by Sam Bankman-Fried (SBF) in 2019, and at its peak was the third largest cryptocurrency exchange in the world, valued at $32 billion, attracting many well-known institutional investors such as Sequoia Capital and SoftBank, with over 1 million global users.
In May 2022, the Terra ecosystem collapsed, and FTX's associated hedge fund, Alameda Research, suffered a massive loss of $5.7 billion in this incident. To cover up the losses, SBF's team misappropriated FTX user funds to fill the gap and also transferred assets through illegal operations. In November 2022, the crisis erupted, and FTX and more than 100 affiliated companies filed for bankruptcy, leaving an $8 billion funding gap.
SBF was sentenced to a heavy prison term for wire fraud, conspiracy to commit money laundering, and six other charges, and was ordered to forfeit $11 billion. In February 2025, FTX began compensating users' assets, with the first batch of compensation reaching $1.2 billion, and plans to advance multiple rounds of compensation, with the overall compensation funds coming mainly from liquidating the platform and various assets of SBF.
This incident not only caused significant losses to a large number of global investors but also severely damaged the overall confidence in the cryptocurrency market, while promoting regulatory reforms in the global crypto field, forcing the industry to strengthen user asset segregation and transparent management.
Can short-term trading really make money? Here’s an answer that will overturn your worldview: it really can make money! What is short-term trading? It is what we refer to as short-term, based on 15-minute candlestick charts. It tests a trader's skills, including control over entry points, understanding of naked candlesticks, and psychological resilience! This is something only top-tier traders possess, so beginners must follow the right people to make money; otherwise, everything is in vain! Currently, among those who excel in short-term trading in the market, I believe there are no more than three people besides myself, and the only one who can accurately hit entry and take-profit points with a deviation of no more than three pips is me. As we all know, the higher the trading frequency, the lower the win rate. But as the king of short-term trading, a deity in the world of trading, I can control my win rate to over 90%. This makes me an indomitable trader, a top professional trader with eight years of experience. My original naked candlestick Bollinger Bands + EMA setup is an invincible existence. So I ask everyone to give me a chance, come and be part of my family, eat meat together, and give you a chance to multiply your capital a hundredfold!
I am hosting an Audio Live "Late Night Session 🌌" on Binance Square, tune in here: https://app.binance.com/uni-qr/cspa/33448906083521?r=Q9HAIAZO&l=en&uc=app_square_share_link&us=copylink
🎉 Red Pocket Time! 🎁 Today I am sharing a little happiness — Red pocket drop is happening! ❤️✨ Whoever claims it… Also, please follow me, it looks cute 😚💖 And if you redeem it, please send a ❤️! Hurry up! Red pocket before it's gone! 🧧🔥