There needs to be a version of this website today for all the craziness going on today in crypto. Some of these incestuous relationships between FTX and other failing crypto companies are mind boggling. They were all investing in each other and loaning money to each other in a modern version of check kiting.
For millennials and Gen Z readers here's an explanation of check kiting which was all the rage among criminals in the 1950-1985 period.