Oh Thank God.
Tron founder Justin Sun appears to extend lifeline to FTX
Nov. 10, 2022 5:00 AM ETFTX Token (FTT-USD),BTC-USD
Just a day after Binance founder Changpeng "CZ" Zhao announced he would bail out Sam Bankman-Fried's "SBF" FTX.com, CZ has backed out of the agreement due to fund mishandling and regulatory issues. It's no surprise, given the fact that the agreement was non-binding, while Binance said the deal was pending due diligence and didn't announce any takeover terms. The two have also been long-time rivals, leading some to speculate that CZ may have just been taking a jab at SBF on his way to the top of the cryptoverse, or checking out the internal state of the rival exchange as concerns bubble about the health of the overall sector.
I don't know if you guys remember but I warned about this mad scientist Sam Bankman.
Tron founder Justin Sun appears to extend lifeline to FTX
Nov. 10, 2022 5:00 AM ETFTX Token (FTT-USD),BTC-USD
Just a day after Binance founder Changpeng "CZ" Zhao announced he would bail out Sam Bankman-Fried's "SBF" FTX.com, CZ has backed out of the agreement due to fund mishandling and regulatory issues. It's no surprise, given the fact that the agreement was non-binding, while Binance said the deal was pending due diligence and didn't announce any takeover terms. The two have also been long-time rivals, leading some to speculate that CZ may have just been taking a jab at SBF on his way to the top of the cryptoverse, or checking out the internal state of the rival exchange as concerns bubble about the health of the overall sector.
I don't know if you guys remember but I warned about this mad scientist Sam Bankman.