are not part of this deal. So U.S. retail customers should not at least, at this stage, be caught up in the deal that is being negotiated.
In contrast to conduct regulators, who care primarily about how you conduct yourself in the marketplace , prudential regulators are concerned with the financial health of your company . Sam's last tweet before the acquisition deal announcement was him saying"A competitor [Binance] is trying to go after us with false rumors. FTX is fine. Assets are fine." It's all very reminiscent of Do Kwon's tweets as Terra was collapsing all around him."So, is thisI'm curious what will happen to Alameda, which as far as I can tell is not included in the Binance deal.
Even if exchanges redacted private customer information and displayed account balances publicly or, better yet, used secure computing techniques to conceal their clients’ data but proved the sum of the balances, the skeptic could rightfully say an exchange may not be including all information. This scenario reflects the adage of “garbage-in, garbage-out.”Cases like this further emphasize the need for self custody and infrastructure that is built to support decentralization.
Firstly, never use a token you created as collateral, as FTX, Celsius Network and [Terra] all did. If you create a token, you have to have the cash available behind it for withdrawals. Tether is continually being asked about the assets backing [its stablecoin]. Relatively recently, USDT had 17% of its token redeemed – the cash has to be there instantly.
SBF_FTX FTX_Official Who leaked that balance sheet? That was a kill shot
SBF_FTX FTX_Official I wonder how many cracks, shutdowns, crashes it takes for it to stand out: cardano is a great blockchain ⚠️ the problem is that there is nothing wrong with it 🤭😁 cardano 🙌💎💪🔗👑
SBF_FTX FTX_Official Don’t want to miss the next x100? Check us out 💎🚀
DanielGKuhn matt_homer KMSmithDC molly0xFFF Time to get rich. Good time to buy. Let's load up.
DanielGKuhn matt_homer KMSmithDC molly0xFFF Industry lemmings, like are largely responsible for FTX mess. Real players knew SBF was a smart fool, & he was FlyWheeling to manufacture fake wealth It’s star struck naive lemmings who put him on pedestal that created this He was NOT a billionaire, it was all fake
DanielGKuhn matt_homer KMSmithDC molly0xFFF RIP $FTT $FTX you fight with people chinese on the world & other holder