While the 2022 midterm elections released the majority of its results this past week, two financial disasters ran with a flood of breaking news in crypto currency and Elon Musk’s new toy, Twitter.

Last Wednesday, Dow Jones dropped about 1,000 points, alerting people to the collapse of FTX, a Bahama-based crypto currency exchange. FTX’s founder Sam Bankman-Fried, 30, lost 94 percent of his assets, going from net worth of $15.2 billion to $991.5 million, in one day of stock losses and resigned. He had secretly moved $10 billion of customer funds to his trading company Alameda Research with about 130 affiliated companies, and about $1-2 billion disappeared. A rescue deal with Binance collapsed, and the company filed for bankruptcy.

Major coins prices regained some of its lost value after the bankruptcy filing only to plummet after the discovery of a hack into FTX. Various tokens worth $663 million were drained from…