https://tokenist.com/breaking-binance-enters-agreement-to-acquire-ftx/
https://old.reddit.com/r/CryptoCurrency/comments/yqikm9/ftx_isnt_collapsing_because_of_bad_business_or_cz
https://old.reddit.com/r/Bitcoin/comments/yt9r65/ftx_hacker_identity_found_apparently_tried_to
https://old.reddit.com/r/CryptoCurrency/comments/ysxikf/ftx_has_been_hacked_do_not_update_ftx_apps
https://old.reddit.com/r/Bitcoin/comments/ysc103/ftx_officially_bankrupt
https://cryptoslate.com/ftx-hacker-identity-discovered-by-kraken-exchange-team/
https://old.reddit.com/r/Bitcoin/comments/yt44x5/the_bottom_is_in
https://www.reuters.com/technology/ftx-founder-bankman-fried-says-he-is-bahamas-2022-11-12/
https://cointelegraph.com/news/sam-bankman-fried-is-under-supervision-in-bahamas-looking-to-flee-to-dubai
https://old.reddit.com/r/CryptoCurrency/comments/yu6ej0/pointing_out_legitimate_and_concerning_issues
https://www.wsj.com/articles/crypto-com-withdrawals-rise-after-ceo-admits-transaction-problem-11668350510
https://old.reddit.com/r/CryptoCurrency/comments/yu8g8q/every_single_exchange_should_experience_a_bank
https://news.coincu.com/142198-huobi-detected-transferring-10000-eth/
The solution would be a cryptographic proof of reserves done on regular basis in a certain block interval, say every 144 blocks (which would basically mean daily).
Let’s start this interval with the next difficulty adjustment in block 764,064. Every exchange that holds bitcoin has to prove how much BTC they hold, all of the exchanges had to do it simultaneously in the given block. This way we circumvent the possibility of them moving the funds around so that all of them could proof their holdings with the same stack of bitcoins.
Just an idea. Those who don’t participate should be avoided as exchange in general. I am not an expert, but I think this could be doable.
https://old.reddit.com/r/Bitcoin/comments/yuc3nf/one_reason_why_you_shouldnt_trust_proof_of
https://www.theverge.com/2022/11/12/23454702/ftx-unauthorized-transactions-drained-millions-from-the-exchange-hack-bankruptcy-cryptocurrency
https://old.reddit.com/r/CryptoCurrency/comments/yuorb4/ftx_is_the_biggest_collapse_of_a_corporation
https://www.cnbc.com/2022/11/12/1-billion-to-2-billion-of-ftx-customer-funds-missing-report.html
https://edition.cnn.com/2022/11/12/business/ftx-hack/index.html
https://economictimes.com/tech/technology/former-ftx-ceo-sam-bankman-fried-planning-escape-to-dubai-report/articleshow/95489919.cms
https://www.politico.com/news/2022/11/10/crypto-megadonor-sam-bankman-fried-00066062