Didn't FTX buy a bunch of crypto companies that were facing a cash crunch?
Never a dull day in crypto. At least the Ponzis are consolidating into a mega entity.
This is actually insane. SBF was touted as the next big tech guy. Fell down quick abruptly.
This is non-binding. They can still step away from the sale and everything nukes
How is this even legal? They literally helped FTX get murdered so they can buy them and create a monopoly. Oh wait, in crypto anything is legal. lol
Who will buy out Binance when it gets in trouble? Is that the end of the road?
Yup. Bitcoin will reach under a hundred dollars then.
Now they are backing out cause FTXs financials are worse than imagined.
Yikes! Wtf happened
Binance walks away from the deal
SBF is probably here on Blind asking for referrals now
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What’s insane is a pizza delivery guy could do what Elon couldn’t: manipulate the price of asset down before acquisition
@apple Mkay.