2min chapter

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EMERGENCY POD: FTX sells to Binance with Vinny Lingham and Sunny Madra | E1607

This Week in Startups

CHAPTER

Are the Lenders Getting Rid of the FTT?

The margin call number was I think 21. At 21, you get a margin call from whoever you've borrowed money from and you have to put up more collateral. The moment it hit 14 today, then the liquidations happened. So we're going to find out very soon whether or not these lenders are.

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