“None of the Digital Assets in your Account are the property of, or shall or may be loaned to, FTX Trading; FTX Trading does not represent or treat Digital Assets in User’s Accounts as belonging to FTX Trading.”
The restrictive terms are a useful contrast with a platform like Celsius Network, whose entire premise was using customer funds to generate returns through speculative lending and trading. CelsiusBut deposits at FTX were not supposed to be subject to that kind of risk – while individual tokens might lose value, the expectation of a centralized exchange is that they won’t gamble with your money.
However, there are suddenly hints that something else may have been going on. Among those signs were dark intimations from Coinbase CEO Brian Armstrong in an"I had a number of conversations with people over the last 24 hours,” Armstrong said, “And there's reasons why [Coinbase acquiring FTX] would not make sense, and we're not quite at liberty to share the details right now. I’m going to let other people share that if and when they’re ready ...
coinbase binance SBF_FTX davidzmorris he was lobbying and trying to buy his way into the political machine in the US to avoid this situation by funneling customers actual money to donate to midterm political PACs much like he donated to Biden (liquidating Alameda's FTX wallet - replacing with stupid worthless $FTT)
coinbase binance SBF_FTX davidzmorris why should anyone buy anything to save SBF_FTX - send him to jail like Madoff.
coinbase binance SBF_FTX davidzmorris Your money was donated to the Democrats by the SBF！
coinbase binance SBF_FTX davidzmorris Incidentally, is CoinDesk related to Coinbase?
coinbase binance SBF_FTX davidzmorris Coinbase doesn't have enough money. They can't even keep up with their withdrawals lmao
coinbase binance SBF_FTX davidzmorris This is what crypto hell looks like 🔥
coinbase binance SBF_FTX davidzmorris This is a good Point
coinbase binance SBF_FTX davidzmorris aptos great...first chance. sol is down. lose trust.
coinbase binance SBF_FTX davidzmorris Why does Binance halt withdrawals?
coinbase binance SBF_FTX davidzmorris Look at the guy.. Who invests money with that
coinbase binance SBF_FTX davidzmorris Good job 👍🏼
coinbase binance SBF_FTX davidzmorris Crypto Lehman
coinbase binance SBF_FTX davidzmorris
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