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/biz/ - Business & Finance


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52294612 No.52294612 [Reply] [Original]

With Binance buying FTX does that mean I'll get my money back from FTT tanking? I'm down $10,000's cus I couldn't get me money out.

>> No.52294635

>>52294612
gg no re

>> No.52294686
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52294686

>>52294612
FTT is going to 0 whether Binance deal goes through or not.

>> No.52294691

>>52294612
You will 1 cent per dollar... if you are lucky.

>> No.52294696
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52294696

if binance buys ftx, you'll get your deposits back in kind (tokens, not $'s)

if binance doesn't buy ftx, ftx will go chapter 11 bankruptcy and in some years you'll get back a fraction of your deposits

binance won't buy ftx

>> No.52294738

>>52294612
Today is goypolloi market bullshit. FTX, almeda and binance all seem to be pulling some utter bullshit the scale of which I've never seen in crypto in 8 years.

God knows how it plays out but it's so kikey.

>> No.52294739

>>52294686
and yes ftt is going to 0 without a doubt

>> No.52294841

This is a total shitshow. We're in 2022 and supposedly audited, regulated, lobbying 2nd exchange in the world can just explode in a day. Imagine FIAT if JPM or chase just randomly exploded all the time. At least they can get bailouts.

Apparently there's no too big to fail in the cryptospace. I mean that's kind of a good thing and a bad thing simultaneously. Guess you just can"t trust CEXs.

>> No.52294919

>>52294612
Binance won't buy it. It's not in a different market with a different userbase. What's the point of buying it?

They may however save it just for controlled opposition.

>> No.52294920
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52294920

>>52294612
You're totally gonna get your money back, son.
-.t 150 IQ points

>> No.52294949
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52294949

>>52294612
>get my money back
Lol, no.

>> No.52295030

He's replacing it with BTT

>> No.52296162

WTF, why no go to zero?!?

>> No.52296251

>>52294696
this. consider the public statements that have been made and by who. Sam, which we know at this point is a liar, has said that binance will buy them out, which doesn't mean shit. the only thing cz has said is that they're currently doing their DD, and he knows it's going to be a total shitshow when he looks under the hood. I seriously doubt he will buy them

>> No.52296320

>>52294612
Every retard on here thinks this is another LUNA situation, even though we're talking mega CEX's ran by jews and multi billionaire chinks.

CZ cares about his "Funds sasfu" meme image and will mega pump FTT