You are viewing a single comment's thread from:RE: LeoThread 2022-11-06 23:36View the full contextidiosyncratic1 (74)in LeoFinance • 2 years ago Are you following FTX and Binance drama? Such a day in crypto 😅
Scanned the headlines. Seems like a pissing contest going on between the two behemoths.
Yeah its interesting though easily believable - I think there is likely some truth to FTX's fudging of the balance sheet
They use their own token holdings "magic money" to raise massive capital on a higher valuation. Every company does it
I saw a couple of headlines but didn't dig deeper. Looks like it's quite the drama, though!
Bunch of trash talking which just shows they are losing a lot of business and people are sick of exchanges.