Sam Bankman-Fried (SBF) has resigned from FTX after it's dramatic collapse and taken BlockFi with it. Similar to Celsius and Voyager, fraud, lies and deceit have taken the crypto market by storm.
Today, I break down the basics of what happened and how you can sleep like a baby being Bitcoin only in cold storage (self custody).
Links from the show & people to follow:
Check out getbitcoinfi.com for more blog posts and articles, and get involved in the community.
- Strike - the Venmo of crypto. Buy, sell and send crypto with no fees. Use my link to get $10, no purchase necessary.
- Cash App has low fees and Bitcoin only. Get $5 when you sign up with me link
- Fountain is a way to listen to podcasts, earn Bitcoin and support your favorite content creators.
- I have a Roth IRA with Choice to buy Bitcoin in a tax sheltered account. Traditional IRA's are also available. We both get $50 in Bitcoin when you open and fund an account, plus daily chances to win Bitcoin.
- Swan Bitcoin: Lower fees than Coinbase with a strong focus on education
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