“I fucked up, and should have done better,” FTX CEO Sam Bankman-Fried said as the third largest crypto exchange is undergoing significant liquidity issues. FTX teetered on the edge of bankruptcy after a possible rescue from Binance fell through.
Crypto exchange FTX is undergoing significant liquidity issues, and CEO Sam Bankman-Fried “asked for help” from rival exchange Binance this week.
Bankman-Fried said he had messed up multiple times, including a misreading of the use of margin on the platform. See also: Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything” said MicroStrategy’s Michael Saylor See also: ‘I just killed it’: Musk scraps Twitter’s gray ‘official’ label just hours after its launch
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