Binance Has It's Own Cryptocurrency Exchange, Right?

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San Bengman: CZ had seen what SPF was doing when he created the exchanges. He invested in FTX early on, but eventually want to leave exit his investment. What he ended up doing with a San Bengman freed is I believe CZ sold his stake in FTX. And what he got in exchange was a lot of these tokens, FTT, which is the FTX token. It's basically used for trading fees and stuff like that, I believe.

The NIA boys react in real-time to one of the craziest days in crypto history. Play-by-play discussion on FTX collapsing & CZ's 10D chess moves.

Timestamps:

(00:00:00) - Intro + Meme Of The Week
(00:06:50) - FTX Collapse - Play by Play
(00:19:43) - Alameda Blow Up
(00:21:30) - Autism Capital's Tweet
(00:23:21) - Jack's Take on CZ's Move
(00:27:06) - Tech Stocks Collapse
(00:29:54) - Did SBF "Do The Right Thing By Customers?"
(00:34:11) - Binance Estimated Valuation at $300B
(00:39:04) - How Misallocated Were Customer Funds?
(00:43:00) - Revisiting Earlier Predictions On Crypto (2021 vs 2022)
(00:46:39) - "Jail Isn't That Bad" - Martin Shkreli to Do Kwon
(00:47:33) - Big Tech Layoffs
(00:51:06) - Crypto Marketing & BS
(00:54:44) - Has Anything Changed?
(00:59:18) - Crypto Collapse vs Market Collapse

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