- Mar 21, 2013
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This is heavy
Not sure what the scoop is but it seems like someone was lobbying something in USA.
Not sure what the scoop is but it seems like someone was lobbying something in USA.
Heavy fighting between FTX and Binance - s@#$s going down
- Thread starter bartosimpsonio
- Start date
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Deleted member 731332
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Crypto Marketing
Regular Member
- Sep 16, 2022
- 448
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Is this the part of the bear market where CEX CEOs duke it out on Twitter to see who can bankrupt the other first? It’s like Real Housewives of Crypto, but the wives are geeky tech dudes, and the stakes are solvency and millions in investor funds rather than cocktails and some bullshit drama at a dinner party.
- Mar 21, 2013
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Donno what to make of this. SBF's reply:
Cypherpunk Zero #4027
Regular Member
- Aug 28, 2022
- 230
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I moved my funds out of FTX. Can't risk it. Maybe it's nothing, we'll see.
Reminder: not your keys, not your crypto.
Reminder: not your keys, not your crypto.
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Crypto Marketing
Regular Member
- Sep 16, 2022
- 448
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Aside from the fact leaked documents from FTX/Alameda shows that 8/14B of assets on their balance sheet is in FTT token. An amount of tokens larger than the current circulating supply and way too big to sell.
This is exactly what Celsius was doing with CEL token, it’s called a flywheel and it's used to make the balance sheet look good ON PAPER, but in reality the assets are illiquid trash.
I don’t know if FTX will collapse, I would say it’s unlikely but I'm happy it's making people pull their crypto out of centralized exchanges.
- Feb 12, 2018
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CZ was out for revenge. I think this dates back to 2019 when FTX tried to liquidate Binance futures positions.
There was definitely something else since Alameda offered to buy everything off Binance so the retail wouldn't suffer but CZ is not willing to go that route (rumors of Alameda's insolvency).
There was definitely something else since Alameda offered to buy everything off Binance so the retail wouldn't suffer but CZ is not willing to go that route (rumors of Alameda's insolvency).
- Nov 16, 2011
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Will FTT go down more ? Or will it now go up from here ?
- Mar 21, 2013
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It's going to zero I think. It's a total shitcoin. SBF was using his own coin as collateral for loans and shit. It was a sand castle.
- Feb 12, 2018
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Because of the negative news and the overall sentiment of the market.