Simply Bitcoin: Wake Up Call 11-11-2022 (80,000 Bitcoin Leave Exchanges Amidst FTX Turmoil and Global Regulatory Ramp Up)

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The Rundown

- ‘They Trade Against Their Customers’—Sudden $200 Billion Bitcoin And Crypto Price Crash Sparks Serious FTX SEC Warning

- Three things that destroyed FTX, per Gensler

- Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’

- These are the sports deals at risk if FTX goes bankrupt

- Kraken's Jesse Powell Blasts FTX CEO, Lists all Red Flags About SBF

- Over 80,000 BTC Leaves Exchange Wallets as Traders Lose Confidence In Centralized Exchanges

- The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury

- European G20 leaders call for urgent regulation of 'crypto conglomerates'

- Tether Freezes FTX USDT as Dollar Peg Wobbles

- BlockFi has also Halted Withdrawals Citing Lack of Clarity Regarding FTX

- U.S. regulators reportedly talking with Binance over failed FTX bail out

- Binance Commits to aim for Transparency, Reveals $40B in Stablecoin Reserves

- Senators moving forward with SBF-backed bill 

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