Discover and read the best of Twitter Threads about #cz_binance

Most recents (2)

🚨AGGIORNAMENTO SU BUSD🚨

@cz_binance ha appena scritto un tweet sulla situazione attuale di #BUSD

Vediamo insieme cosa ci dice e facciamo qualche breve riflessione 🧵⬇️

1/ ✋Il NYDFS ha ordinato a #paxos di fermare la coniazione nuovi BUSD.

La #stablecoin sarebbe una security secondo il Dipartimento dei servizi finanziari di New York

it.cointelegraph.com/news/paxos-ord…
2/ 🏪 Secondo le parole di #cz_binance questo non comporterà un'interruzione nei servizi di gestione e di rimborso di BUSD da parte di @PaxosGlobal

Fermare la coniazione di nuovi BUSD potrebbe però portare a una contrazione della capitalizzazione di mercato
Read 15 tweets
1/ So basically SBF was using his own token $FTT as collateral in a flywheel scheme, allegedly misusing/gambling user deposits.

#CoinDesk published #AlamedaResearch's balance sheet which showed the extent they were using $FTT as collateral.
2/ #cz_binance was pushed into selling his $FTT holdings which made everyone question #FTX solvency.

A bankrun started and when everyone tried to withdraw it became clear that #FTX did not have enough funds to cover all the deposits.
3/ I am trying to find another logical explanation different from #FTX gambling with user funds.

Where are the funds if they were simply hodling them for the users? At least according to their ToS.
Read 5 tweets

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