Binance Acquires FTX

Re:Binance Acquires FTX by wesapien on Tuesday November 08, 2022 @05:02PM (#33524921)

I'm not too familiar but can you elaborate on how the screwing happened.

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Re:Binance Acquires FTX by ForHackernews on Wednesday November 09, 2022 @01:54PM (#33536204)

CZ tweeted "Oh shit, FTX is basically insolvent, we're gonna have to dump all our FTT magic beans!" or words to that effect.

Then, when FTX predictably tanked, he stepped in and generously offered to buy out FTX.

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Re:Binance Acquires FTX by lupire on Wednesday November 09, 2022 @03:26PM (#33537361)

Same thing Soros did to the Bank of England's fake pound.

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