Amid FTX cryptocurrency exchange officially declaring bankruptcy, Crypto.com has published its proof of reserves in what the platform terms as promoting transparency. Crypto.com announced that an interim audit indicates that its reserves stand at approximately $2.9 billion. Meanwhile, BlockFi, the crypto lender bailed out by FTX earlier this year, has suspended withdrawals only two days after assuring users that it was fully operational. Is this just the beginning of the FTX contagion?
Guest: Ran Neuner, Founder CryptoBanter
Crypto Banter Youtube Channel ➜ https://bit.ly/BanterCryptoYT
#crypto #bitcoin #ftx
~Crypto Exchange Panic! FTX Contagion w/ @Crypto Banter~
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15 Comments
Get Bitboy on the show
just got a email from kucoin, and coinbase. this is kinda scary. they are scared.
Oh the Luna boy with the failed hair transplant.
I bet the people start blaming bankers and the Zionists bc they seem to always be behind crashing economies. And the Jesuits
Wall St entering crypto isnt even about the tech, its about the greed. Theyve seen how much money u can make & want to make some of that too
🔴Thus is why I bought ADA because decentralized and no venture capital manipulation like FTT and SOL!🔴😉
It's not about CZ taking down a competitor. It's about taking down a toxic shady business practice.
Big difference with a real adept of decentralized système and Ran: talking all the time about making the projects go higher in fiat . Same logic as Wallstreet. All that I despise
Lost $8,000 on FTX. I'm done with the Ponzi Scheme
Bf in the house
Awesome show! Thank you!
Ran spittin truth!!
So if cz holds 40 percent of his 75 billion in bnb tokens that is roughly 37 billion…market cap of bnb is 45.9 billion…so he could sell his 37 billion leave the 8 billion dollars to the fishies to work out as the bnb crashed??? Is this correct on the trust issue we have to have as crypto investors?? Or am I not reading and calculating it correctly??
Th Real Black Swan: back door on Ledger or sha256 decrypted .
Nearly all Alt/ Shite coins are wash trading and playing the same game as FTX. Watch Mark Moss latest video to see how FTX were out and out crooks and lets face it most coins are playing the same game. Basically inflate coin value and fleece retail investors.