Binance and FTX: How All Developed and Was It a Well-Crafted Plan of CZ?

Written by dshishov | Published 2022/11/09
Tech Story Tags: binance | ftx | sbf-alameda | alameda-research | cz | cz-binance | binance-and-ftx | ftx-deal

TLDRFTX was facing major issues after CoinDesk had published an article with information on Alameda’s balance sheet and Binance CEO announced that the company would sell off all their FTT holdings. Users, including whales, started withdrawing liquidity from FTX. But when everything seemed lost, Binance stepped in to save its major competitor. via the TL;DR App
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Written by dshishov | Crypto Lover, Bidsbee CEO & Founder
Published by HackerNoon on 2022/11/09
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