Is this the result of a long-planned plan? This is the result of weighing the pros and cons. CZ has a limited pattern, but there are not many people who have reached this level who are not ruthless and full of blood. The market is like this, A and B It is C who is injured in the fight, and C is mostly retail investors in most cases.
Things have been hectic, withdrawals rejected and huge panic in the market. Next bail-out by binance and now they are going to aquire the whole FTX. I didn't see this coming, although it was probably the whole plan from the start.
https://twitter.com/cz_binance/status/1590013613586411520
I'm not sure if this was planned from the beginning, but we may never know.
Here's a nice summary of how it all went wrong for SBF and FTX:
https://twitter.com/milesdeutscher/status/1589631447517655040
By the way, I don't think it's all over yet.
