 From stimulant high to FTT low, the FTX saga as seen from SBF’s boudoir. Desperate for a connection… but no partner can unfuck this situation!

CEX, Lies and Liquidity Fakes

We wanted to create a cover that encapsulated the sordid practices that brought the exchange down. To do this, we became flies on the wall in Sam Bankman-Fried’s grotty bedroom as he lurched from the glory days of orgies with his team to begging CZ to stop ghosting him.
The cover lays out the stages of collapse including SBF’s Twitter feud with CZ, a brief hint at redemption via Binance bailout and then the terrible realisation that (after a deep probing) even CZ “can’t fill that hole.” We began with scene-by-scene sketches and then brought these to life with day/night lighting adjustments and subtle references to other rekt companies. Look carefully and you’ll spot 3AC, Celsius and Luna.
Last but certainly not least we had fun brainstorming outrageous messages for Sam to receive on his phone! These range from CZ’s war tactics to FTX staff praising the late-night orgies. In the end, what was a terrible week for crypto inspired one of our most creative designs yet.

FTX of course dominated Gazette, including reports that Sam had been detained in the Bahamas. We also looked at how Ripple might shake up the NFT game and how Solana was teetering on the brink.
Santiago was the artist responsible for this week’s ArtDrop. ‘Sculpture in a park that grew from the pocket of a rabid child’ is a dazzling inkscape made using gimp.


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Sculpture in a park that grew from the pocket of a rabid child

Artdrop #113