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https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best cost.
In this video, I discuss the rapid implosion of the crypto exchange FTX, and Sam Bankman-Fried’s fortune. Binance has submitted a letter of intent to purchase FTX, but the situation is still fluid.
There is, unfortunately, a very good chance at this dot that some customer funds will non be recovered– especially if they are being held in BTC, crypto, or stablecoins. Customer money held in fiat may benefit from deposit insurance programs like the FDIC in the US.
Crypto continues to be a huge distraction from the existent revolution, which is Bitcoin.
non investment advice! Consult a financial advisor.
Crypto Exchange Close To Collapse?
TX Agrees to Sell Itself to contender Binance Amid Liquidity Scare at Crypto Exchange:
https://www.coindesk.com/business/2022/11/08/ftx-reaches-deal-with-binance-amid-liquidity-scare-sam-bankman-fried-says/
FTT token plummets:
https://coinmarketcap.com/currencies/ftx-token/
SBF’s network worth plummets:
https://www.bloomberg.com/word/articles/2022-11-08/sbf-network-worth-is-eviscerated-in-days-with-binance-set-to-buy-ftx
SBF hit by the Fortune magazine cover curse:
https://twitter.com/maxkeiser/status/1590057433447030791/photo/1
CZ’s tweet about buying FTX:
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
— CZ ? BNB (@cz_binance) November 8, 2022
FTX had a very large hole to plug:
One person briefed on the fundraising blitz said what started as a $1bn ask was looking more like $5bn-$6bn by midday. More here @semafor https://t.co/1sL68EeaYQ
— Liz Hoffman (@lizrhoffman) November 8, 2022
FTX used to be valued at $32 billion and Ontario Teachers Pension programme invested in that circular:
https://www.investopedia.com/crypto-exchange-ftx-valuation-jumps-5217695
FTX US terms of service:
https://ftx.us/TermsOfService.pdf
SBF letter to investors?
https://twitter.com/AutismCapital/status/1590117518580285440/photo/1
Why is FTX sending money to Alameda?
Why is @FTX_Official sending Alameda $10M in USD while freezing withdrawals for users?https://t.co/nVZ7LtAlTJ pic.twitter.com/VhR4hC8tRW
— Jason Choi (@mrjasonchoi) November 9, 2022
It’s a bad sign if Coinbase won’t touch FTX:
Coinbase CEO on the unlikelihood of a deal with FTX:
"I had a number of conversations with people over the last 24 hours, & there's reasons why that would not make sense & we're not quite at liberty to share the details right now… it'll probably all come out eventually"
— Sonali Basak (@sonalibasak) November 8, 2022
Bitcoin has no future as a payments network, says FTX chief:
https://www.ft.com/content/02cad9b8-e2eb-43d4-8c18-2e9d34b443fe
CRO was expected to have a good 2022 lol:
Nexo hit with cease and desist orders:
Nexo Hit With Cease and Desist Orders From Eight U.S. States
I am non being paid or otherwise compensated by any company or cryptocurrency projection that I refer in my videos.
My thought is non for sale. delight do non contact me with any affiliate or advertising deals.
#ftx
#crypto
#bitcoin
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