2min chapter

Not Investment Advice cover image

85: FTX Collapse, SBF vs. CZ & revisiting our crypto predictions

Not Investment Advice

CHAPTER

Binance - Is There a Relationship With Binance?

Binance is apparently estimated to be worth 300 billion. It'll be interesting to see who gets involved because there's probably plenty of people who don't want them to gobble up a good amount more. There was an argument to be made that the FTX attempt to get closer to the lawmaking process and legislation writing was all done in good faith. But whoever saw that as a positive way of them engaging is probably not that keen on Binance gobbling that whole thing up. So they might maybe powerless to stop it too. Like who knows? Who knows like what the jurisdictions are of what agencies get into something like that? We'll see.

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