Am I the only one who believes Binance knew in advance that FTX was going to collapse?
We all know that Binance played a significant role in the downfall of FTX and CZ disliked SBF.
I recall reading CZ's tweets last year and he seemed to be in communication with SBF. Did he know the terrible financial situation that FTX was in but hide it from the public?
Binance also divested its complete stake in FTX before bankruptcy. Is that a pure coincidence or something more sinister?
Nobody has benefited more during this whole fiasco than CZ. Perhaps more things will come out in the future but as it stands the whole situation is shady.
They are competitors in the market, so it wouldn't be strange if CZ knew in advance that something was happening at FTX and took the opportunity to beat its most formidable competitor. I don't think FTX's death was caused by CZ, but he contributed to FTX's demise by selling all of the FTT tokens when FTX was having the hardest time. This is purely a business competition, SBF should accept defeat when it has revealed its weaknesses to competitors.
