Influencer gets thumbs up from Ripple CTO after predicting FTX crash, shares new forecast
Crypto Influencer Ben “Bitboy” Armstrong предложио refraining from buying on the crypto market until there is a better understanding of just how much damage the collapse of the major FTX exchange has caused. Prior to the whole situation, the blogger had repeatedly spoken negatively about both the exchange itself and its head, Sam Bankman-Fried.
Ако не затворите свој @ФТКС_Оффициал отворите рачун данас и узмите своја средства са те размене што пре… Жао ми је, али ви сте дефиниција ниског ИК-а и заслужујете шта ће вам се догодити.
- Бен Армстронг (@Битбои_Црипто) Октобар КСНУМКС, КСНУМКС
In particular, Armstrong claimed that Bankman-Fried is lobbying with the authorities for a law to strictly regulate the crypto sphere and also promised to expose many other bad deeds of SBF. Moreover, in late October, Битбои claimed FTX was screwing its users after the exchange’s API was exploited.
End in sight for “invisible hands” of crypto market
The blogger’s insight into the crypto-entrepreneur’s sad notoriety was also noted by Ripple CTO Давид Сцхвартз. Armstrong warned us about what a devil Bankman-Fried was long before these events, Schwartz says.
Apart from advising people to refrain from buying and wait while monitoring the situation, Armstrong also suggested that no more market makers would be able to have so much influence on the markets, being its “invisible hands.” With this thesis, the blogger once again poked fun at the head of ФТКС, which had a reputation for organizing pumps and dumps directly through his own exchange.
Source: https://u.today/crypto-influencer-who-warned-about-ftx-shares-his-view-on-what-to-do-now