Despite the fact that FTX went bankrupt and its former CEO Sam Bankman-Fried is indicted on multiple charges, which some have speculated can result in life imprisonment… it appears that all of the eyes are on Binance. The stark difference between the treatment of SBF compared to that of his “rival” CZ is apparent. Nonetheless, red flags and unanswered questions are being raised about CZ and Binance from those who believe they will be the next domino to fall.; Where are they domiciled? Why do they not identify their corporate parent? Who is their CFO? There’s no corporate governance information anywhere. Are they fractional reserving?
There appears to be a rift being created in the crypto community, as many people are backing CZ and Binance and believe he’s one of the few good actors in a space that the mainstream media is attempting to deem nefarious but macro investor Raoul Pal believes that this is deeper than a secretive or tightly managed company that no one can get a read on. In an hour-long interview with Scott Mekler, Raoul Pal pushed the narrative further and revealed that he believes Binance is secretly a state enterprise for China, which can lead to further problems.
Raoul Pal is the CEO and co-founder of Real Vision and CEO and publisher of The Global Macro Investor. He was co-manager of the GLG global macro hedge fund in London. In 2004, he retired from fund management and started The Global Macro Investor in January 2005. He was one of a relatively small number of investors to predict the mortgage crisis of 2008–2009. He was co-head of hedge fund sales in equities and equity derivatives at Goldman Sacks in Europe, based in London.
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“This Is Deeper than Just Binance’s Red Flags” | Raoul Pal
21 Comments
Crypto wins
wtf is Raoul smoking? 😆
Coinbase is the best
I'm 90% sure the June lows was the bottom – Raoul Pal.
How do you know when Raoul Pal is talking crap? His lips move.
You have got it wrong so many times ,time to hold your head in shame and stop talking nonsense.
Dear Old man, Just stop the FUD.
CZ is pissing his pants
SBZ and CZ fucked each other.
SBF was plotting and lobbing against CZ. CZ sensed it and decided to kill the snake before it bites. But now he is in trouble
I eel the same way. I have a buddy who just got into crypto and he refuses to take self custody. They think it’s too difficult for some reason. It’s baffling how complacent people and how little attention span they have. It’s the very first thing I learned to do.
Why the hell does this dude want digital iD
Becky's look says it all.
Playing Poker while listening to this.
The AI played a 3 of a kind and won.
I lost money and now I have 2,008 $.
What are the odds?
Seems like peak FUD is approaching.
The 60 “Billion” is not liquid, it’s value of assets, and that’s if you believe that.
MTGOX was such a big deal because the market was so much smaller. At that time, MTGOX was basically the only exchange.
And I completely agree that BNB is run by the PRC and CZ is just a front man.
This man offering his lifetime experience for free is incredible value. Thank you. Crypto has evolved substantially. It’s ready for primetime. BTC easily, easily over $100K next bull market. The only question is not if, but only WHEN. All we can do at the moment is to buy and trade, accumulate and trade as much as you can. It might take a bit of time but It will come right in the end, the boat came back for us to get in, invest today before the price skyrocket, we all need to have positive thoughts and actions. Because time limitations are the biggest reason for failure. But in all, don't forget to trade you crypto assets to accumulate more. I feel confortable trading under the watch guide of Thomas fuller as my mentor, with his trade signal i have made over 15.3btc with just 5btc. He's the best in the crypto trading space..
Best utility so far in whole crypto space
Theres not a chance that Binance is falling! FUD to distract from the SBF FTX ALAMEDA disaster.
Gov. and US media are upset because they can't control Binance. LOL
I love how CZ tried playing White Knight when FTX was collapsing, that should have been the first sign that his hands are dirty too
Without regulation of some sort, it hard to tell whether they liquid or not.