FTX Scandal

Zarna Joshi
2 min readNov 24, 2022

What do we learn from this?

A color picture. 3 white men sit on chairs on a stage. The 2 older white men are dressed in suits and holding microphones. The younger white man is dressed in a tshirt and shorts and is wearing a microphone headset. Behind them is a blue background with “FTX” and other letters emblazoned on it in a horizontal pattern.
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What do we learn from the FTX ponzi scheme that has rocked the crypto currency world?

Lots of things, many of which should have been obvious long before this scandal ever took place.

  1. Never believe rich people who call themselves “philanthropists”. Philanthropy is a scam. That was your first clue.
  2. Never believe rich people who support…

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Zarna Joshi

Writer, organizer, spiritual activist, anti-imperialist, decolonizing smasher of the patriarchy, zarnajoshi.com, zarnajoshi.com/blog