northeast part of town. the club saying they are, quote, devastated by the senseless attack on our community, and the police spoke in the last two hours. we have numerous homicide detectives on scene. they ll be processing the scene. this scene is going to take some time to get through, so we will be here for many, many hours to come. rachel: officials are still working to identify a motive, but the gunman is in custody and undergoing treatment at the hospital. we are expecting another update from colorado springs police at around 10 a.m. eastern time. now to another fox news alert, moscow, idaho, police are shedding new light on the gruesome murders of four college students. pete: police at least publicly still have not identified any suspects as the fbi arrives on the crime scene. will: ashley strohmier is here with more this morning. reporter: new information this morning in the brutal mores of four university of idaho
money or borrowed against that money and, ultimately, somebody goes, you know what? mcbucks aren t worth anything, and then this whole thing palls apart. pete: yes. will: that s where we are now. how does the whole thing begin to fall apart, pete in. pete: all right. where a s the next slide? what happened was none of this was transparent until there was a leaked balance sheet out of alameda that showed that the majority of its balance was in ftx borrowings from holders who had put their money in there. so someone knew books were being cooked and leaked that balance sheet, and it started to cascade as more questions were being asked. will: remember, i said he loaded it up with debt. he borrowed against his fake money, ftt, ask that s where companies like binance who were looking to perhaps bail out ftx goes, wait a minute, this token, this ftt token, it s only worth what sam bankman fried tells us it s worth, and i don t want anything to do with this.
system, another maybe 3-6 inches south of the buffalo area, and by tomorrow things clear out and complete digout begins. rachel, back to you inside. rachel: you know why i didn t happen? because i made a deal when i moved to wisconsin, i don t deal with show. [laughter] snow shoveling, never. rick: yeah, i know. [laughter] rachel: thank, rick are. will, pete? pete: rick s got a lot of fans behind him. super gel isous. [laughter] you re heard about the ftx crypto collapse, but what actually happened? and how did a multibillion dollar company lose all of its value almost overnight? will: let s go off the wall and do our best to explain a complicated story and examine where it started, starting with sam bankman-fried, the founder of ftx, importantly a hedge fund named alameda research.
will, rachel, pete, back to you. rachel: so kaylee s mom was on cross country last night. you imagine you think about that last time that you heard your daughter s voice and, you know, mundane conversations, but they take on a new meaning when you mow wrowl never hear that voice again. and here is christy goncalves talking about that last conversation with her daughter kaylee. kaylee called me on saturday. my birthday was earlier in the week, and i didn t get anything for my birthday, boohoo, you know? it was not a big deal, but she call me on saturday and said, mom, i ll be home on tuesday, and i m going to take you out to breakfast, lunch and dinner, and it s all on me, and we ll celebrate your birthday. i said, well, i don t know if i believe that, meaning she d pay, but that sounds great, kaylee. and i ll see you op on tuesday, honey, and then she sent me a couple pictures of her and
maddie, and that was on saturday afternoon around three. rachel: wow. will: i mean, i can t imagine being in that situation. just your heart breaks for all four victims families. just a terrible situation. we re going to do our best to keep up with it throughout the morning. at 7:30 a.m., we re going to have michael baden give us his perspective. of. pete: and is we had ted williams in the 6 a.m. hour as well, and there s only so much speculation that s responsible in any way in a situation like this. you want to wait for the police to get the informs. information. he suggested a a source inside the idaho police department there had told him likely one or two of the four was the target, and so it s identifying whether there are additional wounds, more wounds there that a give you a sense of who was target thed, and then you can go back on that circle because, likely, it was someone that knew that person and then other people in the house became targets after that. will: you don t wa