Would you invest in FTX 2.0?

[bbc.reporter]

@noorman0. Agreed that we should know the people behind the exchange and assess if they are qualified to run the exchange for a very long time. On the argument on Binance and their buyback and burn on BNB, I reckon the people behind the exchange has shown that they are quite competent.

Binance is still very much the biggest exchange despite legal problems and the fine on the exchange and CZ. However, CZ also has shown that he is influential when he convinced the people behind the president to pardon him. This very much shows that he is a person similar to Bill Gates or other great CEOs.

[Iranus]

Binance is still very much the biggest exchange despite legal problems and the fine on the exchange and CZ. However, CZ also has shown that he is influential when he convinced the people behind the president to pardon him. This very much shows that he is a person similar to Bill Gates or other great CEOs.

But CZ and Binance have to go through huge legal trouble. Binance was fined several billion dollar for violating US money laundering and compliance law. CZ himself pleaded guilty and is serving a few month in jail. yeah things have gone chilly now but that does not mean all legal risk or compliance hassle have been resolved. CZ will not be able to directly hold any responsibilitiy at Binance management yet

Comparing CZ to Bill Gates in term of influence is a bit of a stretch, in my opinion. Gates is making his impact through long term positive work, while CZs influence is intertwined with legal wrangling and regulatory drama. Binance is still leading but the place of absolute faith has not yet been created

[Z-tight]

CZ will not be able to directly hold any responsibilitiy at Binance management yet

I am not so sure about that. Maybe he can now that he has been pardoned by Mr President. There has been no news about that after his pardon, though a lot of people even believe that he was and still controls binance, just behind the scenes. So maybe there is no meed for him to take centre stage again.

However, CZ also has shown that he is influential when he convinced the people behind the president to pardon him. This very much shows that he is a person similar to Bill Gates or other great CEOs.

Maybe that is not so hard right now, especially if you have something to offer in return.

[bbc.reporter]

Binance is still very much the biggest exchange despite legal problems and the fine on the exchange and CZ. However, CZ also has shown that he is influential when he convinced the people behind the president to pardon him. This very much shows that he is a person similar to Bill Gates or other great CEOs.

But CZ and Binance have to go through huge legal trouble. Binance was fined several billion dollar for violating US money laundering and compliance law. CZ himself pleaded guilty and is serving a few month in jail. yeah things have gone chilly now but that does not mean all legal risk or compliance hassle have been resolved. CZ will not be able to directly hold any responsibilitiy at Binance management yet

Comparing CZ to Bill Gates in term of influence is a bit of a stretch, in my opinion. Gates is making his impact through long term positive work, while CZs influence is intertwined with legal wrangling and regulatory drama. Binance is still leading but the place of absolute faith has not yet been created

It might be a stretch to compare him to Bill Gates, however, the presidential pardon we have witnessed has clearly shown everyone his political influence in America.

In any case, it appears that FTX 2.0 might include tokenized stocks. The exchanges we presently are having today are still very much far from being the exchange for everyone.



New York Stock Exchange is building a platform to trade tokenised versions of US-listed equities and exchange-traded funds and settle those trades on the blockchain. The platform will allow instant settlement, 24/7 trading and stablecoin-based funding, according to a company statement on Monday.

If approved, the platform will “power a new NYSE venue that supports trading of tokenised shares fungible with traditionally issued securities as well as tokens natively issued as digital securities,” the company said.

Changpeng Zhao, former CEO of Binance, described the announcement as “bullish for crypto, and crypto exchanges.”

Read in full https://www.dlnews.com/articles/markets/nyse-to-launch-tokenised-securities-trading-platform/

[maydna]

If the price is still low, I will invest some money, less than $250 and leave the token like that. It is like BNB in the first time they launch their token. I was lucky to buy at very very low price and not using as the fee of trading. My BNB still on my wallet without I concerned because I don't trade in Binance at that time. But when Binance raise popularity, I remembered that I have BNB there so I am amazed with the amount of profits that I got. Learning from that experienced, if the price still cheap, why not?

[bbc.reporter]

I have read the news and I was curious on the mention of Hyperliquid. It also appears that they are buying back their tokens similar to FTX and they have a market making vault, also similar to FTX.

Does anyone reckon that this can be considered a FTX 2.0?



Oil futures surged on Hyperliquid after President Donald Trump ordered a naval blockade of the Strait of Hormuz, a major global supply chokepoint. The move came after Iran refused to give up its nuclear ambitions during peace talks in Islamabad earlier in the day.

Perpetual futures tied to WTI crude oil jumped to $96.40, up 7% on the day, extending early gains. Brent futures rose 6% to $96.

Source https://www.coindesk.com/markets/2026/04/12/oil-futures-up-7-on-hyperliquid-as-trump-orders-naval-blockade-of-hormuz

[bbc.reporter]

It appears that if Hyperliquid and other decentralized exchanges will become a good version of FTX 2.0, the government speculates that this will very much begin to become a risk and a danger not only for centralized exchanges in the cryptospace but also a risk and a danger to the traditional exchanges similar to the New York Stock Exchange and the Chicago Mercantile exchange heheheheh.

There was CZ who was attacking Hyperliquid before and presently it is these officials from the CME group and ICE heheheh. This very much is giving me the reminder on how the government officials from before were attacking bitcoin!



CME Group and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, are urging U.S. regulators to scrutinize decentralized derivatives exchange Hyperliquid over concerns tied to market manipulation and sanctions evasion, according to a Bloomberg report on Friday.

Executives from CME and ICE have raised alarms with officials at the Commodity Futures Trading Commission (CFTC) and lawmakers on Capitol Hill, arguing that Hyperliquid’s rapidly growing perpetual futures marketplace could create systemic risks for traditional commodities markets, particularly oil, Bloomberg reported, citing people familiar with the discussions.

The concerns come as Hyperliquid has emerged as one of the fastest-growing decentralized exchanges in crypto, driven largely by soaring volumes in perpetual futures, or “perps,” trading. The platform operates continuously, offering traders round-the-clock access to leveraged derivatives markets outside the constraints of traditional exchange hours.

Read in full https://www.coindesk.com/markets/2026/05/15/cme-ice-push-u-s-regulators-to-scrutinize-hyperliquid-over-manipulation-risks-bloomberg