For me it's clear what's going on
Then what's really going on? If you know what's going on please tell to us what exactly you have in your mind or if it's different from the news that we're seeing.
I'm looking at the news but only looking directly to the Twitter accounts of the people involved like for Sam Bankman and Changpeng Zhao(CZ).
They're updating their community and customers on what's really happening with this issue.
share his thoughts along with valid supporting details. because if it is just mere speculation, then hard to say if he is right or wrong.
as we can see, FTX is indeed in big trouble right now. and maybe, they already saw this coming but maybe they were thinking that they can get away with this. sam is a known personality in crypto, so he can't just disappear or hid from this trouble. considering that binance offered and then walked away. it means, they have indeed big issues on the line.
Okay based on the recent happenings, applied for chapter 11 of bankruptcy, and then they've been hacked. So, with all of these combined circumstances, I guess that's what is clear of what's going on to them. As those things are added to each occurring, it only means that FTX is really nowhere to go and there won't be any single company that would like to help them. Oh well, at least one there's another one that I've seen wanting to help them and that's Justin Sun. I don't know if that's going to make a difference and let's see if his help will be taken or not or if it is, we shall see if it will really help them.