Did FTX engineer a fake bailout of BlockFi?

John Cook
7 min readDec 5, 2022

Originally published on frontruncrypto.com — click here to subscribe for free.

Dear frontrunners,

The system of complex corporate structures & financially engineered crypto derivatives continues to unravel with every new bankruptcy proceeding, creditor claim, and financial statement leaked on the internet. Two themes permeate throughout every document: FTX is at the center, and more customer funds are lost. It is mentally exhausting that we continue to give this criminal any airtime; it is not my intent to extend his 15 minutes of…

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John Cook

Advocate of transparent financial systems & governments that serve the people | Macro, markets & crypto research @ http://frontruncrypto.com