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The worst-case scenario is now confirmed as true: what happened with FTX is criminal and they were gambling with your deposits. Absolutely insane.
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As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX.com.
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If everyone bank ram Binance you think they will survive? I am not sure of that. Sure FTX was being iffy but CZ pretty much destroyed em with the move publicly and bank ran them. Pretty much crashing the market.
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