Yo, welcome to The Seek. Now the crypto market is down but luckily my newsletter is up., Let's get into it 👇

Here is what to expect today:

• Did Binance Destroys FTX?

• XRP Lost In The SEC Lawsuit?!?

• Polygon Madness

• The CIA Killed MakerDao Co-Founder?

• The weekly meme :)

Was this email forwarded to you?

DID BINANCE DESTROY FTX?

Binance has put Sam Bankman Fried on his knees begging for help. I guess CZ > SBF all along 😮

Let me take you on a little backstory. Changpeng Zhao and Sam Bankman Fried are both CEOs of the biggest crypto exchanges however they were having some intense controversy on Twitter.

Then on Sunday Binance stated they were going to sell $530 million worth of the FTX native token $FTT. Crypto investors fled to take their money out of FTX but FTX said no deal and halted all withdraws. A Celcius pt 2 😨

After all this Sam Banmkan Fried was begging Changpeng Zhao to come to save him. On Tuesday 11/8 Binance stated they have signed a non-binding with the intent to buy FTX and fix their liquidity crunch.

This may be the end of the Sam Bankman Fried Madness, you will always be remembered.

XRP LOST IN THE SEC LAWSUIT?!?

XRP has been in a lawsuit with the SEC for a couple of years now but new data might give us insight into who may be the victor.

Along with the Ripple lawsuit, LBRY vs. SEC was also occurring. Unlike the XRP case, the LBRY verdict is now here. LBRY took the L 😢

This SEC victory may be bad for Ripple as it can give the SEC a baseline for crypto cases in the future. Some speculate Ripple will also take the L if LBRY lost, ig we will see soon.

After the case the CEO of LBRY stated:

This lawsuit decision "Threatens the entire U.S. cryptocurrency industry" which set a standard that would make "almost every cryptocurrency" a security.

Since the release of the LBRY verdict, XRP took a nosedive down 10% on the day.

THE CIA KILLED MAKERDAO CO-FOUNDER?

The Co-Founder of MakerDao, Nikolai Mushegian, drowned on Oct. 28th, however, the weird thing is that he semi-accurately predicted when he would die.

A few hours before his death he tweeted 👇

A little sus 👀 However, San Juan police stated they have not found any sign of foul play. The beach he washed up upon is also a well-known area for its harsh swimming conditions.

Leading up to his death Mushegian was stating his gf got him involved in a criminal conspiracy incorporating government spies. This may have contributed to his death but we truly don't know.

Nonetheless, kind of sus he got killed right after he sent his riskiest tweet ever.

IMPORTANT DATES FOR THE WEEK

• 11/10/2022 - Core CPI m/m

• 11/15/2022 - PPI m/m

• 11/16/2022 - The Seek Newsletter

THE WEEKLY MEME

That wraps it up, stay tuned for next Wednesday. If you haven't seen last weeks news then you need to check this out 👇

DISCLAIMER: The Seek does not provide any financial advice. This newsletter is strictly for educational purposes and should not be used to make any financial actions. Please be careful and do your own research.