Did FTX actually use QuickBooks for their accounting? : Here’s what we know so far

In the age of crypto and bitcoin, there is some important news for you. If you trust bitcoin, here’s something that is scary and hard to believe.

FTX, a humongous bitcoin firm is owned by its CEO Sam-Bankman Fried. He has been charged with fraud. FTX has been titled as a ‘scam’. However, he is now trying to cleanse his image by joining a new Twitter space meaning, a live podcast session with a person.

A Twitter user with the handle Coffee Zilla snuck into a session and asked him various questions. As per his research, Sam Bankman-Fried had been using Quickbooks, an accounting software meant for small businesses.

And guess what, he did the unbelievable. He literally asked him the most dreaded question by the CEO of FTX. He asked him how 8 billion dollars could just vanish from everyone’s accounts. The user also wrote a few lines on Twitter.

He wrote ‘FTX used QuickBooks for their accounting. Bruh’. Other users on Twitter started pouring in their comments. Many users found it hilarious. Some users created memes on it. While some shared existing memes.

The post went viral. It received 4987 retweets. It also received 944 quote tweets. It also received as many as 83.7 K likes. How crazy is that?

Are you aware of any other bitcoin scams?

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