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FTX and FTT Implode, No Binance Buyout, Bitcoin Drops, Easy Explainer with Cory Klippsten

Coin Stories

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Alameda - What Does This Acquisition Period Look Like?

The majority of the retained equity in this supposed genius prop trading shop is this printed out of thin air token from their sister company. I think it looks really obvious by the fact that they even have this liquidity crisis. They've actually been using users funds to do things to trade, to lend out, to put in other places. So yeah, I think that deposits are at risk. And I think that's the whole point of them selling to finances. They're counting on finance to come and make everybody whole.

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