FTX Token Brings Down Entire Crypto Market

https://marrythaigirlsingapore.blogspot.com/2022/11/ftx-token-tanked.html

After yesterday's post, this morning I woke up and saw the token trading at around US$5, wah seh, like around 3/4 of the value got wiped out within 24 hours.

Then CZ of Binance said they signed a non-binding letter of intent to fully acquire FTX and they will conduct a full due diligence in coming days.

What a rapid turn of events, even worse than UST/LUNA, at least they took 3-4 days to collapse, this FTX within one day 3/4 of value gone just like that.

I wonder who have huge exposure to FTX, sure kena flushed out.


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