> CZ recently bring down SBF
Did he? FTX went to CZ for help. CZ looked at their notoriously-shit balance sheet and ran scared.
Did he? FTX went to CZ for help. CZ looked at their notoriously-shit balance sheet and ran scared.
> SBF jokes CZ couldn't visit the US
> CZ announces he will sell his full stake in FTT (a huge percent of the float)
> Alameda was extremely leveraged _based on their FTT holdings_, once FTT started crashing they went under water on their leverage and started fire selling assets at a loss
> some of those assets belonged to FTX custumers