BINANCE VS FTX
Updated: Jun 8
AVATAR CREDITS: READY PLAYER ME
BINANCE X FTX TIMELINE : FRIENDS TO FOES
DECEMBER 2019
CZ Binance cut ties with FTX by ending the partnership.
NOVEMBER 2022
BINANCE LIQUIDATE THEIR FTT TOKENS AS A PREVENTIVE MEASURE
"POST-EXIT RISK MANAGEMENT, LEARNING FROM LUNA" - CZ BINANCE
CZ BINANCE DUMPED 23 MILLION FTT TOKENS (583 MILLION USD) AT BINANCE EXCHANGE. CAUSING THE PRICE OF FTT TOKEN TO PLUMMET.
FTX PAUSE WITHDRAWALS HERE:
CZ BINANCE WANTED TO ACQUIRE FTX, BUT HE BACKED OFF IN THE END, AS THE BALANCE SHEET WAS DISASTROUS.
FILED FOR CHAPTER 11 BANKRUPTCY [REORGANISATION BANKRUPTCY] (RESTRUCTURE BUSINESS)
FTX ACCOUNTS HACKED :
ETH ADDRESS = 0x59abf3837fa962d6853b4cc0a19513aa031fd32b
SOURCE: ZACHXBT ON-CHAIN SLEUTH
SOURCE: FTX OFFICIAL TELEGRAM
Official: FTX has been hacked. Source: admin of FTX Community Chat
