ChatGPT3 explains the FTX fraud in the style of iambic pentameter.
Happy holidays :)
1/ Ftx, once a leader in the crypto world,
Is now linked to a fraud so bold,
With market maker Alameda at its core,
Its profits soon began to fall to the floor.
Happy holidays :)
1/ Ftx, once a leader in the crypto world,
Is now linked to a fraud so bold,
With market maker Alameda at its core,
Its profits soon began to fall to the floor.
2/ Ftx took risks, made bets that were too bold,
And borrowed against its own tokens, so cold,
But when the market turned and profits declined,
Ftx turned to a fraud that crossed the line.
And borrowed against its own tokens, so cold,
But when the market turned and profits declined,
Ftx turned to a fraud that crossed the line.
3/ With customer funds tapped to bail out Alameda,
Ftx's deceit was finally brought to light,
A bigger fraud than Bernie Madoff, for sure,
Ftx's downfall a lesson in greed and allure.
Ftx's deceit was finally brought to light,
A bigger fraud than Bernie Madoff, for sure,
Ftx's downfall a lesson in greed and allure.
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