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Cryptocels explain this to me: is this the FTX spergout all over again?

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ftx gambled themselves into bankruptcy and then insiders tried to take the (borrowed) money and run. Binance is just giving burgers access to nono financial products and services without a loicense but is fiscally sound and solvent as far as we know

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is fiscally sound and solvent as far as we know

As believable as ur childhood dog going to a farm upstate

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CZ is competent, SBF was decadent.

incels that missed crypto do make me seethe when they whine about how its a scam because they missed out on having an easy life.

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All crypto is scams on a long enough timeline imo

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No, FTX blew up because they were levered to the tits cause they were stealing everyone's money and hoping that a bank run didn't happen. Binance are being investigated for running an unregulated securities exchange (which FTX also was if Binance is, but the SEC didn't get on their peepee about it before they blew up)

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Idk @SlackerNews why do we care about this one?

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