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85: FTX Collapse, SBF vs. CZ & revisiting our crypto predictions
Not Investment Advice
Binance Has It's Own Cryptocurrency Exchange, Right?
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.
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