In a latest interview Michael Saylor, the MicroStrategy government chairman and main Bitcoin (BTC) bull, shared his perspective on the autumn of the FTX empire.

Saylor stated that for years there was a low-grade “boiling Guerrilla battle” between the BTC neighborhood reverse the crypto neighborhood over trade practices comparable to, what he repeatedly calls, “shitcoinery.”

In Saylor’s perspective, Sam Bankman-Fried was “the poster little one” of the latter.

“There’s something ethically damaged about having the ability to situation your individual unregistered safety. Sam and most people within the crypto world had been all the time responsible of the sin of shitcoinery.”

He attributes such habits to his perceptions of the crypto neighborhood’s inherent issues, that are greed, vanity and foolishness.

From there, Saylor forayed into what he calls “the diabolical twist” within the FTX story, which entailed SBF producing billions off of air tokens and issuing himself billion-dollar loans off of consumer funds.

Whereas many have debunked the story of SBF and his mismanagement of funds, the neighborhood on Reddit applauded Saylor for his clear clarification of the scenario, together with a simple comparability of BTC.

One consumer wrote that though they don’t look after Saylor in any other case, his clarification was one among “one of the best in all the house.”

First time bear market? Recommendation from Bitcoin bull Michael Saylor

This was not Saylor’s first remark surrounding the FTX scandal. Within the early days of the unraveling, he was one of many first, together with Binance CEO Changpeng Zhao, to induce the neighborhood to follow self-custody.

All the crypto neighborhood awaits the Dec. 13 listening to, which can examine the collapse of the change. In accordance with the committee main the listening to, they anticipate SBF and related people to seem in court docket to testify on this date.