No coincidence that it collapsed right after DNC stole another election. They got the money for all the expensive cheating services and are now going to use its collapse as their excuse to regulate (steal) the other crypto markets. After manufacturing a crypto crash they can come in and buy up cheap crypto for later use to.
3 possibilities I could think of.
A competing elite wanted to replace it so more funds go through their laundering service.
The FTX CEO made some one upset some how.
Sacrifice time.
It is like in fighting in organized crime.
No coincidence that it collapsed right after DNC stole another election. They got the money for all the expensive cheating services and are now going to use its collapse as their excuse to regulate (steal) the other crypto markets. After manufacturing a crypto crash they can come in and buy up cheap crypto for later use to.
At least that seems likely to me.