The Collapse of the FTX Empire

by Jeremy


Howdy people. It’s election day within the U.S., and that was going to be my principal focus immediately, up till about 11:05 a.m. ET anyway. That’s the purpose when Sam Bankman-Fried introduced that his firm FTX would enter a “transaction” with Binance, which Binance CEO Changpeng Zhao later clarified was a letter of intent for Binance to accumulate FTX.

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