The Eurasian Century

The Eurasian Century

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The Eurasian Century
Cryptopoly Turns into Cryptogeddon
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Cryptopoly Turns into Cryptogeddon

A tale of fraud, due diligence and orgies

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Cyclical Value Investing
Nov 12, 2022
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The Eurasian Century
The Eurasian Century
Cryptopoly Turns into Cryptogeddon
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So in the last 24h-48h, the very large crypto exchange FTX has blown up. After filing for bankruptcy, it got “hacked”, and the rest of the money has been siphoned away.

I will give a brief recap of how it unfolds at the end of the article. But mostly, I want to have fun at how absurd this all is. And what it can tell us of the excesses during the everyt…

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