FTX Liquidity Shortfall Drove Its Collapse, CZ Says
The Binance founder linked FTX’s failure to a liquidity shortfall and customer-fund misuse, while noting insolvency concerns had surfaced before his FTT disclosure.
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The Binance founder linked FTX’s failure to a liquidity shortfall and customer-fund misuse, while noting insolvency concerns had surfaced before his FTT disclosure.
Polymarket prices the clemency shot at just 8% — the FTT rally is a political-options trade on a ghost token, not a recovery thesis, and a pardon would not revive FTX or restructure creditor claims.