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Author Topic: Texts exchanged by Binance CEO and Sam Bankman-Fried as FTX collapsed  (Read 231 times)
Johnyz
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December 21, 2022, 09:20:29 PM
 #21

so binance know that ftx is doing wrong before it collapse?
As they sell ahead of the crash, probably yes and that could be more alarming to know that these two exchanges had their conversation and even before the crash they seems to be more good to each other. If Binance already knows about those anomaly and yet didn’t do anything to correct it, I’m pretty sure SBF is the one leaking this and trying to ruin the reputation of Binance as well, probably FTX is one of those who are spreading FUD against Binance.
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December 21, 2022, 11:12:41 PM
 #22

so binance know that ftx is doing wrong before it collapse?
As they sell ahead of the crash, probably yes and that could be more alarming to know that these two exchanges had their conversation and even before the crash they seems to be more good to each other. If Binance already knows about those anomaly and yet didn’t do anything to correct it, I’m pretty sure SBF is the one leaking this and trying to ruin the reputation of Binance as well, probably FTX is one of those who are spreading FUD against Binance.
Truth or just FUD then it would be eventually know, these things wont leak out if there's something happened before that crash of FTX. If Binance did able to know on what would gonna happen then it does
really shows on how shady Binance is and did  not able to correct it which the thing you do said was right. Dont know if SBF is really just having the intention on making things more messy by saying up
these things and just to stir up the situation even more.In overall it is really just making the market to be more messy and bring out some Fuds and negative sentiments which
 do really affect out our minds.

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December 23, 2022, 05:34:28 AM
 #23

It is sometime very difficult to ignore some of these news because everyday more interesting events would be exposed. And the truth is that there are still more secrets to reveal.
It is the behavior of drowning men to always want to bring down others. Maybe SBF wanted to collapse the system because Zhao backed out of the agreement to bail FTX. I cannot vouch that Binance is trustworthy but I can perceive that this exchange company has a better management structure than most crypto related firms. But the truth still remans these centralized exchanges can never be trusted.           

I've said this before (on Medium), and I'll say this again: FTX would've gone down whther Binance bought it out or not.

I mean, imagine if Binance did buy FTX. How would FTX possibly be saved at that point? Their FTT token was beyond destroyed anyway, so FTX would never recover its initial valuation. Binance would only be inheriting liabilities that would bring it down (actually I'm wrong, it would bring down both of them).

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rby
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December 23, 2022, 07:49:03 AM
 #24

It is sometime very difficult to ignore some of these news because everyday more interesting events would be exposed. And the truth is that there are still more secrets to reveal.
It is the behavior of drowning men to always want to bring down others. Maybe SBF wanted to collapse the system because Zhao backed out of the agreement to bail FTX. I cannot vouch that Binance is trustworthy but I can perceive that this exchange company has a better management structure than most crypto related firms. But the truth still remans these centralized exchanges can never be trusted.           

I've said this before (on Medium), and I'll say this again: FTX would've gone down whther Binance bought it out or not.

I mean, imagine if Binance did buy FTX. How would FTX possibly be saved at that point? Their FTT token was beyond destroyed anyway, so FTX would never recover its initial valuation. Binance would only be inheriting liabilities that would bring it down (actually I'm wrong, it would bring down both of them).


I do not trust CZ's Binance because it is not right to trust an exchange to a high degree . But I also believe that Binance has a strong management crew and apart from that CZ is very smart with money and  idea.
He would have bailed FTX but he foresee something that made him backout which could be what NotATether said.

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Cryptock
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December 23, 2022, 02:03:43 PM
 #25

It is sometime very difficult to ignore some of these news because everyday more interesting events would be exposed. And the truth is that there are still more secrets to reveal.
It is the behavior of drowning men to always want to bring down others. Maybe SBF wanted to collapse the system because Zhao backed out of the agreement to bail FTX. I cannot vouch that Binance is trustworthy but I can perceive that this exchange company has a better management structure than most crypto related firms. But the truth still remans these centralized exchanges can never be trusted.           

I've said this before (on Medium), and I'll say this again: FTX would've gone down whther Binance bought it out or not.

I mean, imagine if Binance did buy FTX. How would FTX possibly be saved at that point? Their FTT token was beyond destroyed anyway, so FTX would never recover its initial valuation. Binance would only be inheriting liabilities that would bring it down (actually I'm wrong, it would bring down both of them).


I do not trust CZ's Binance because it is not right to trust an exchange to a high degree . But I also believe that Binance has a strong management crew and apart from that CZ is very smart with money and  idea.
He would have bailed FTX but he foresee something that made him backout which could be what NotATether said.
Binance is a good app - but I don't keep my money there for long.
There are investigation going on in our country on Bianance - so you never know when the both companies collapse.

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