FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

cointelegraph.com:

Events are unfolding fast as the cryptocurrency market is rocked again, this time by FTX. Facts and non-facts are hard to sort out under these conditions, especially since both seem to be depegged from believability at times. “Where’s the money?” and “Who’s to blame?” are popular talking points. Some of the information appearing is indisputably false, or at least highly speculative.

The situation has given rise to the opportunity to tell wild tales, such as this tweet that appeared (and disappeared) on Nov 10:

Rumors are not always harmless, as became clear when Tether experienced instability due to “evidence” that FTX and Alameda were trying to short the stablecoin. Tether denied having any exposure to Alameda or FTX.

The current status of withdrawals from FTX has also been a source of confusion, possibly because the status of withdrawals remains confusing in real life. FTX is not using “the normal process of queueing withdrawals,” an observer said, and there are a variety of potential causes.

There are a few scenarios here:1. They're prioritizing friends and family2. They found a backer3. Rouge employee free for all

1/ Multiple people have pointed out that the "withdrawals" - which seems to have started again - from @FTX_Official are towards addresses that look ...almost fishy?https://t.co/x4IaEECd0a

Meanwhile, some FTX employees may not be receiving their salaries:

Receiving dozens of messages from FTX employees similar to this:"Please do not harass us. We had no idea of what was going on. We were getting paid through Crypto and on our FTX account. We have no access to our money. We have been asking Sam about our salary but no answer."

Anon tip-off in DMs.Seems like a reasonable explanation until proven otherwise...