On one side: CZ, founder of Binance, by far the world’s largest centralized crypto exchange. On the other, Sam Bankman-Fried, who heads his own mammoth crypto exchange, FTX. The spat puts a spotlight on questions about FTX’s financial health, as well as the growing industry concern over the shape and scope of coming regulations.
But it all requires a little unpacking.
0:00 CZ vs SBF
0:38 Alameda under scrutiny
2:09 CZ liquidates FTT
4:01 SBF’s defense
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