light candles for those who died. court papers filed in the us revealed that the collapse of ftx owes its 50 biggest creditor a total of more than $3 billion, around £2.5 billion. the administrator appointed to run what is left of the firm says he has never seen such a complete failure of corporate controls. the collapse of the second largest crypto exchange has shaken confidence in the already troubled cryptocurrency market and made to exchange bus some bankman fried to step down this month. joining me now is izabella kaminska. she is the founder and editor of the blindspot.com and has been a close watcher of the cryptoworld right from its early days. welcome. that is extraordinary it owes more than $3 billion. yes. owes more than $3 billion. yes, eole owes more than $3 billion. yes, people have owes more than $3 billion. yes, people have been owes more than $3 billion. ye: people have been speculating about the size of this absolute fraud from