If you are into crypto, and you haven’t already heard about FTX, here’s a thread to explain it all. The tldr version is, if you have assets in FTX, might be best to transfer them out until the smoke clears.
Even if there is only a 1% chance of FTX going insolvent, is that a risk you are willing to take?
And here’s another one to understand how it all began between FTX and Binance.
When 2 giants go on war, I feel it’s usually us retail that gets hurt most.