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The (Actual) Truth About FTX Revealed by Mr. Gullible
Sometimes the truth lies in the grey area between black and white. After Mr. Gullible's testimony in front of Congress, we learned that FTX's downfall was black and white.
Until yesterday, there were two massive surprises that I never in a million years would have seen coming. The first dates back to September 17, 1995, on the seventh season premiere episode of The Simpsons. The world's collective brain was blown away when we learned that it was Maggie, the baby, who shot Mr. Burns at the end of season six.
The second revelation I was stunned by predates the Simpsons episode by one year. In 1994, Jim Carrey established his marquee brand as Ace Ventura, Pet Detective. In front of superstar quarterback Dan Marino, Ace reveals that Miami police lieutenant Lois Einhorn is the mentally unstable Dolphins kicker Ray Finkle.
I never saw either of those events coming. But the third event occurred in front of Congress yesterday when Shark Tank hero Mr. Gullible divulged the real reason FTX went down. If you aren't familiar with this testimony, I'll gladly fill you in on the true story of why FTX collapsed.