/biz/ - Business & Finance

He won. He bankmaned the bankman

Bad for crypto

>FTX is fine!!!! Our assets are fine!!!!
>gets bought out by binance 1 day later

>>52288977
Crypto, banking the bankless

>>52289053
Chink scammers are the best, the ultimate capitalists and don't bow down to US kikery

>pumps the market for exit liquidity
>conducts full DD
>backs out of the deal

>>52289053
No FTX being ran by that Jew was bad for crypto
He needed to be stopped and this limits damage to retail
I have a lot of respect for CZ after the last few days
He did everything right

wtf it's unironically real

>>52288977
WTF did he outjew the jew?

>>52288977
HOLY SHIT ITS HAPPENING

>>52289053
kys kike

>>52288977
Don't fuck with Triads

>>52289125
He out-jew the fucking jew boss

holy shit it's real

>>52288977
funds are binanced

>>52288977
The Chinese dragon liquidated the Jew

What a time to be alive

>>52288977
the implication was it was staged, market manipulation at his finest, you brainlet retards swallowing this shit

>>52289235
what would be the goal of Binance buying FTX ? Why would it need to be staged and which secret goal will it achieve ?

>>52288977
Can someone tell me how an exchange can have a "liquidity crunch"?
Do they operate on fractional reserves or what?
If I send them tokens they should be in my wallet with them and nothing else, so I don't get the concept of how there could be any problems?

>>52289325
Well, that wasn't what they were doing.

They were lending assets to Alameda to trade with

>>52289325
>If I send them tokens they should be in my wallet with them and nothing else
Why are you fucks so naive? Look at the chain analysis posted everywhere. They were lending their users deposits to Alameda so that they could gamble with it

>>52288977
The biggest crypto jew that is responsible for crashing markets and liquidating countless anons has been utterly BTFO. I’m assuming he only agreed to this because he saw the position he was in and knew it was the only way for him to exit with some net worth.
DATJP

>>52289053
removal of bankman-fried is bullish

>>52289154
>>52289125
Chinks are the turbo Jews of the east, but without the shit dysgenics and schizophrenia.

>>52288977
the show is over. the scam collaboration is almost complete.

>>52288977
Explain to me like I’m a moron please. What did just happen here? Is this bullish?

>>52288977
Bull run is back on. BNB and BCS tokens are going to RIP the fuck up. React accordingly.

Every normie I know who got into crypto last year is clapping like an idiot and taking this all as some marvel movie battle. That's how I know there's some other fuckery going on behind the scenes.

>>52289540
Not to mention immediate shilling here afterwards

>>52289429
This. The bear run began with bankman destroying LUNA and bull run begins with CZ destroying bankman

>>52289053
Nah fuck SBF
That said it’s bad for every other dex

>>52289234
The belly of the dragon will drip water.

BNBCHADS RISE UP WE WON

>>52289325
You have a very poor understanding of the long nose tribe

>>52289325
Lol. November 2022. Countless exchanges bust from dodgy practices and you are still this naive?
Binance does the same btw but they are king nigger

>We will be conducting a full DD in the coming days
OHNONONO

>>52289154
>pic
lol

>>52289053
Yep binance failing is the black swan event

>>52289805
I don’t trust this image for some reason

they can cancel the deal anytime, seems like a bulltrap.

>>52289125
There's a reason why China hasn't fallen for the kike trickery that felled western civilization.

YER OUTTA HERE

Long term, what is the fate of all CEXs? Do DEXs have their time in the sun? Or is all of crypto going to be gobbled up by banks

say it with me
>Scam Broke-Fraud

>>52289154
>Let that chink in

>>52290215
DEXs have to eventually. The fact that there is always a chance a CEX exit scams (yes even CZ) leaves CEX's vulnerable.

>>52288977
How the fuck did this happen? I didn't hear anything about problems at FTX but now all of a sudden they're insolvent and Binance are acquiring them? Someone give me a QRD please.

>>52289481
Maybe.

>>52290230
kek

>>52289154
loled

>>52290230

>>52289125
No, the WBTC treat worked
WBTC is the CEX's pump and dump

>1 day ago

oh no no no

>>52290251
cz wants to sell his ftx position after finding out sbf lobbies against him
finds out they have liquidity issues, agrees to acquire ftx instead while having the right to back off from the deal anytime

>>52288977
Does this mean the artificial and complete fraudulent tether billion dollar candles to "Replenish Tron" are over?

>>52290358
Interesting. So basically FTX fucked up big time and were about to lose everything?

>>52288977
CHINKED

>>52290405
if the sudden drops in ftt and sol yesterday were any indication then yes

>>52289125
The fatal flaw of the jew is being too greedy.

He exposed his company to risk. The chinaman just played his cards right

>>52289053
Fuck off sam

>>52290230
based

Wish I knew what the fuck was going on. How did all this happen in the space of 2 days

>>52290230
huehuehue

>>52289053
oy vey

>>52290230

>>52290230

>>52290345
I'm phonefagging at work, can somebody make a quick edit of this with CZ's acquiring ftx tweet side by side?

>>52288977
SBF literally trying to sell you glass peebles as Diamonds without losing a single sweat of composure. Straight faced deceit. Unapologetically incredible.

>>52289325
How?
>using user funds (illegally) as collateral
>using their own token as collateral

>>52288977
That's f-ing awesome. Crypto is awesome.

>>52290230

>>52288977
This is why we need regulation

Is this bullish or bearish?

>>52290230

>>52290230

FTT just hit new lows

I cant help but notice that CZ invested in twitter with elon musk. And sam kikeman-jew was the second biggest niggercrat donor in the country.

Big win for the republican party on election day before the votes are even being counted

>>52290885
Bullish my man, once the carnage is over.
Having SBF and his jew brigade neutered like the rats they are is the best thing for the crypto market.
Do you understand how many projects this useless cunt and his team have shorted down and kept from pumping? Just so the Uber wealthy kikes at Blackrock and other hedge funds can get in for cheap. Bro there isn't a hot enough oven for this fucking guy and his entire family.

should i short ftt now or not?

>>52290230

SBF was lobbying politicians to go after Binance and CZ said fuck you.

ACT, LIKE YOU KNOW~
THIS IS YOUR WAY TO SHIIIINE~

>>52289497
How do I buy BNB on Coinbase
; ;

>>52290345
Lies right to our face

I feel bad holding GME and them making a deal with kike citadel bankrolled FTX 2 weeks ago just for it to all crash down just after. Fuck me.

Cohen associating with Bankman the dem bankroller while on the other side we have musk and cz helping free speech + Ken Griffin biggest repub donor makes me wonder if all this time I was on the wrong side...

9.5 as I write its in free fucking fall

>dumps 50% in an hour
This is fine

>>52288977
The financial implication that people arent talking enough about is that Solana is done for. Full stop. All they had going for is that SBF's fund was overinvested, so he had to prop the price up while his coins unlocked. Now the fund is in deep debt to CZ and and has no market to artificially prop up the price. Solanas biggest strength is now its weekness. Sam has to sell his SOL to pay his lenders.

Fuck...$11 hahahahaha

>>52291026
But I wasn't done accumulating

>>52291404
Solana, more like So long-a!

>>52290046
>hasn't fallen for kike trickery
But communism is one of their biggest tricks. Mao even had jewish advisors.

>>52290230
kek carlos

>>52288977
What a joke of an "industry".

>>52290046
and somehow they fell for Marxism

>>52291405
9 dollars

>>52290885
short term bearish, long term bullish

Binance is getting so big its actually scary to think what will happen if it ever goes down

>>52291026
Fucking based, but how do you know they were shorting

>>52291181
Why the fuck would these fucking jews do that wow Its so fucking awesome to watch them get liquidated

>>52291404
Should I short then

CZ is a literal BTC whale. This fag has been collecting BTC in since it was worth 3k. He made BNB which he sold from .0001 to 300 bucks. This guy and Binance at this point os too big to fail.

>>52288977
US government and Blackrock will not allow this deal to go through.

can someone explain to me why FTX rugged

>>52292458
>>52292458

>>52292214
>Binance at this point os too big to fail.
Only Bitcoin has T-shirts with "is too bItcoin too fail"
Binance will fall over like all other scams and central banks