Alameda and FTX - The FTT Token and the Bankman Freed Empire

FTX lost $6 billion in withdrawals in these 72 hours before things reached ahead. The FTT token was essentially created from thin air by FTX, inviting questions about the real world open market value of FTT-linked assets. It remains worryingly unclear though exactly why even such a dramatic rush for the exits would have led FTX to seek its own bailout.