Quote from: Jating on Today at 09:50:52 PM

Quote from: JustEducated on Today at 05:16:29 PM

To me, this seems like some kind of manipulation.
And just when the market is recovering CZ and FTX issue came up.
No wonder we're always adviced not to save our funds in Central system.

I'm not sure about the manipulation, can we say that as well in the Luna debacle? we are also recovering or at least the price is going up prior to the collapsed. But I do agree that it is one advised that we should followed, not to leave in some centralized exchanges as changes are, when they go exit like this one, your money is gone.

But back to the subject, I also don't see any comparison on Twitter. It was very different, here CZ is trying to help FTX, but maybe he thinks that he can't no longer help as the situation is out of hand and that maybe it could affect him later, (regulations on FTX coming later.)

I also believe that CZ thought that they can recover or should I say, rescue FTX.
However, they soon found out that the issues and problems of FTX is beyond recovery.
Hence, walking out from the previous statement of buying the FTX.