FTX’s seems to be a real soap opera, and Binance is exploiting the moment of market chaos to secure more market share.
After the declaration of bankruptcy, and the resignation of Sam Bankman-Fried (SBF) as CEO of the company, rumors began to circulate about a possible flight abroad.
The former CEO was reportedly trying to reach Dubai, i.e., a country that does not have agreements with the US for possible extradition. At first, it was suspected that he had gone to Argentina, as his private jet was reported to have landed in Buenos Aires, but he would apparently still be in the Bahamas.
Instead, the former CEO of Alameda Research, Caroline Ellison, has reportedly already fled to Hong Kong, again with the intention of going to take refuge in Dubai.
Since 11 November, i.e., since the declaration of bankruptcy, SBF had not tweeted, but tonight he posted a new cryptic tweet in which he says only “1) What 2) H.”
1) What
— SBF (@SBF_FTX) November 14, 2022
Caroline Ellison,
We współpracy z: https://en.cryptonomist.ch/2022/11/14/ftx-soap-opera-continues-and-binance-blames-another-exchange/
