FTX pauses withdrawal, still
[DB] Withdrawals at https://t.co/nFry343Bq0 "Effectively Paused" – CEO Sam Bankman-Fried in Telegram Message to Staff: RTRS
— db (@tier10k) November 8, 2022
[DB] Crypto Exchange FTX Saw Around $6 BLN of Net Withdrawals in 72 Hours Before Tues Morning – CEO Sam Bankman-Fried in Telegram Message to Staff: RTRS
— db (@tier10k) November 8, 2022
Is SBF the bad guy?
Think back a few weeks ago to when @cz_binance was able to invest $500M into @elonmusk’s Twitter purchase.
— Bitboy Crypto (@Bitboy_Crypto) November 8, 2022
You know who tried to invest as well but was shot down? That’s right SBF.
Elon knew who the good guys was at a time when only very few people knew the truth about SBF
Binance saves FTX from insolvency
All but confirms that FTX is insolvent without a bailout from Binance.
— Dylan LeClair 🟠 (@DylanLeClair_) November 8, 2022
Alameda was speculating with user funds. https://t.co/ziqtp9Qq48
"Liquidity crunch"
— Dylan LeClair 🟠 (@DylanLeClair_) November 8, 2022
I thought your deposits were backed 1:1??
Or was your "proprietary trading desk" directionally trading using user funds. We could all see the movements flooding back from Alameda wallets on-chain yesterday as reserves got depleted. pic.twitter.com/f7Y3LsYsqq
CFTC is monitoring the Binance-FTX saga
[DB] U.S. Commodity Futures Trading Commission Is "Monitoring" Binance-FTX Situation – Spokesperson: RTRS
— db (@tier10k) November 8, 2022
And FTT, Crypto freefall resumes
FTT down over 50% on the day pic.twitter.com/SUEjI6eWAe
— db (@tier10k) November 8, 2022
single digits pic.twitter.com/55POiy7hyU
— db (@tier10k) November 8, 2022
SBF gave away FTX to Binance because it was going to fail
SBF gave away FTX to Binance because it was going to fail.
— Jim Bianco (@biancoresearch) November 8, 2022
Now he is trying to save Alameda.
The problem is its assets, namely FTT (which Alameda can no longer print), SOL, and the rest, are not recovering (yet?)
He needs FTT to moon >$22, or CZ gets Alameda for free too. pic.twitter.com/KIe4ApcQ7f
There could be roadblocks to Binance acquiring FTX
Anti-monopoly law may prevent Binance from acquiring FTX. The European Commission can impose turnover fines of up to 10% on larger deals if they are not approved by authorities. The U.S. CFTC also said it was monitoring the situation. CoinDesk https://t.co/ZQaoQmG7ZN
— Wu Blockchain (@WuBlockchain) November 8, 2022
