Simply Bitcoin: Wake Up Call 11-17-2022 (Saudi Aramco Issues Dire Warning, FTX Fallout, and Jack Mallers Calls it Like he Sees it)

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The Rundown

- UK inflation hits 41-year high of 11.1% as food and energy prices continue to soar

- Foreign holdings of Treasuries drop to lowest since May 2021

-‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — has issued a dire warning over 'extremely low' capacity

- Russia and Cuba May Use Cryptocurrencies to Avoid Sanctions

- Bitcoin Miner Core Scientific Facing Lawsuit for Improperly Disclosing Financials

- Crisis For Already Struggling Bitcoin Miners: Revenues Plunge 15% In 7 Days

- Bitcoin Miners Dump 7,700 BTC In One Week

- Key House lawmaker calls collapse of crypto exchange FTX ‘a dumpster fire’ as Financial Services Committee investigates

- U.S. SEC Chair Slams ‘Non-Compliant’ Crypto Industry in Wake of FTX Collapse

- FTX, Bankman-Fried Will Face Congressional Hearing in December

- Jack Mallers CNBC

- CFTC Chair Calls for International Coordination Between Regulators for Crypto Industry

- Binance’s CZ Looking Into Acquiring Genesis Loan Book

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