🧠 FTX s3x tape and leaked DMs...

It just keeps getting worse.

Seedphrase Nation👋 It's the pregame before the weeekend, and we got all the pedialyte in the world to help you last. Remember, it's a marathon, not a sprint.

Today's Agenda 📓:

  • 🗻 FTX sex tape & leaked DMs...

  • 🙏 The Contagion: Genisis Signals Trouble

  • ⚽️ Ronaldo NFTs. SUUIIIII.

  • ⚜️ Get to the end for an EASY money-making opportunity $$$

  • 😂 Meme of the Day.

Would you rather go to jail OR have a leaked sex tape the whole world is anticipating?

Well, SBF is a lucky man because he gets the chance of having both. Yesterday a class action lawsuit was filed, and Twitter had some interesting tea on him.

Tom Brady gets sued too 😨

A lawsuit filed by a group of investors is suing FTX, SBF, and celebrities who promoted the exchange.

Steph Curry, Tom Brady, Shaq, Gisele Bundchen, Kevin Oleary, and the Golden State Warriors are all on that list.

It's likely these celebs will be ok as they had advertising contracts, and it wouldn't be surprising if there's a clause to protect them from liability. However, the lawsuit does seem to make a good point:

“FTX’s business was based upon false representations and deceptive conduct... FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors from across the country."

Many claim SBF is a master of disguise. His plan was to give FTX a "good faith" image, in order to win over peoples money, these celebrities were just pawns in his scheme.

Which Bring us to private DMs where SBF tries to explain himself. After readng this, you might start to think he's a sociopath- this guy certainly does.

SBF's leaked message highlights. 📱

Faking his ethics for media:

Opinions on regulators:

Biggest regret:

What's next for him?

Conclusion: He's lied multiple times, and everything that's happening is a culmination of his actions. He doesn't seem to have much remorse. And he's weirdly open about it all...

What do you think?

Is SBF a sociopath or just made a terrible mistake?

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SBF and Caroline Ellison's leaked sex tape???? 😨

Yup. You read that correctly.

Crypto Twitter is going HAM on getting justice. So they did this:

We don't have much to say on this one, but we do have our Twitter post notifications on... We'll just be patiently waiting on the sidelines and filling you in every step of the way.

Tune in tomorrow for the complete recap of the week.

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🙏 The next crypto titan falls.

This might be the beginning of the end.

FTX invested in a lot of companies.

And since they went bye-bye, those companies are also going bye-bye.

Genesis Crypto's lending arm halted withdrawals after the FTX collapse and had a $2.8B crypto lending unit.

Red flag alert! 🚩

The Winklevoss Brothers Gemini Exchange announced it would pause withdrawals on its interest-bearing accounts due to Genesis going under.

Genesis also lent $2.36B to Three Arrows. Its claim in the Hedge Funds bankruptcy stands at $1.2B, making it its largest creditor.

Dylan Leclair (One of the best analysts in the crypto space) talks about how Genesis is one of the largest lending desks in crypto.

FTX falls -> Companies reliant on FTX investments fall -> Companies and Customers across the board lose their hard-earned money-> Others pull their money out of the market-> prices tank.

And the cycle continues.

The ripple is real, and the damage is far from done. Once more news comes out of big players going bankrupt, this cycle will repeat until we hit bottom.

⚜️Golden Nugget: Put your assets on cold storage so you can have 100% control over them. Consider if selling now is the right option for you, to buy back in at lower prices.

If you want the full analysis on the FTX ripple effect, check out our premium newsletter and get 10+ hours of research in one email.

An exclusive deal with Binance and CR7 himself to drop NFTs.

The collection will have seven animated statues with four different rarity levels:

  • Super super rare

  • Super rare

  • Rare

  • Normal.

The auction will remain open for 24 hours, with NFTs awarded to the highest bidder. Bidding prices will start at 10,000 BUSD for SSR and 1,700 BUSD for SR.

And the remaining 6,600 NFTs (600 R and 6,000 N) will be offered on Binance starting at 77 BUSD for the Normal rarity.

Each rarity level will come with its own set of exclusive perks, ranging from:

  • A personal message from Cristiano Ronaldo

  • Autographed CR7 & Binance merchandise

  • Guaranteed access for all future CR7 NFT drops

  • Complimentary CR7 Mystery Boxes

  • Entry into giveaways with signed merchandise and prizes.

It could be a decent flip in this gut-wrenching market or just a cool collectible to have for yourself.

With the exchange's reputation being hurt, Binance appears to be the frontrunner for CEXs, setting an example for the space.

And it's the perfect timing to launch a partnership after one of the world's biggest exchanges blows up.

LOL

Thanks for boosting morale.

Give us your thoughts on today's email.

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MONEY MAKING ALPHA - AIRDROP ALERT

Thanks for making it this far : D

Just for you, here's a thread to get the upcoming Metamask Airdrop.

The last $APTOS airdrop got some people $1200, so this could be an excellent opportunity to get some extra $$$

😂 Meme of the Day

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research

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