Post
Topic
Board Altcoin Discussion
Re: Who will win, FTX or BINANCE?
by
posi
on 19/11/2022, 18:10:29 UTC
I don’t know who will win, but I just feel like if the CEO of the biggest crypto exchange fudds about competitors, we all gonna loose.
From what happened, I don't think there is a winner, users of FTX lost a lot of money. Now if you are referring to exchange company competition, Binance already won over FTX, the reason is obvious, FTX got bankrupt, and it was because of the large volume of users withdrawing their money out of their exchange platform, of course, it was triggered by the recent issue.

There are still a lot of people who have not been able to withdraw their money and it can be said that the number is very large. FTX crashes not because users massively withdraw money, but because they take users' money to do their own work and now they have no money left to return to users.
Binance is not the winner of this battle but SBF won, he has appropriated a lot of money from many investors in the world and he is still outlawed.