FTX founder Sam Bankman-Fried has said the cryptocurrency exchange is “in the best of hands”, hours after announcing a deal for its acquisition by competitor Binance.
The breaking crypto news today that Binance had agreed to buy FTX.com, found many in the crypto community by surprise – moreso after SBF had said on Monday that the crypto exchange was “fine” and that a competitor was trying to take advantage of “false rumours” to hurt it.
Today, the man christened the “JP Morgan of Crypto” announced Changpeng Zhao’s Binance would be buying it pending approval.
But in doing so, Bankman-Fried believes FTX is set to fall into safe hands – that’s if Binance completes the acquisition.
"ຂ້ອຍຮູ້ວ່າມີຂ່າວລືໃນສື່ມວນຊົນກ່ຽວກັບຄວາມຂັດແຍ້ງລະຫວ່າງສອງການແລກປ່ຽນຂອງພວກເຮົາ, ຢ່າງໃດກໍຕາມ Binance ໄດ້ສະແດງເວລາແລະອີກເທື່ອຫນຶ່ງວ່າພວກເຂົາມຸ່ງຫມັ້ນຕໍ່ເສດຖະກິດໂລກທີ່ມີການກະຈາຍອໍານາດຫຼາຍຂຶ້ນໃນຂະນະທີ່ເຮັດວຽກເພື່ອປັບປຸງການພົວພັນອຸດສາຫະກໍາກັບຜູ້ຄວບຄຸມ. ພວກເຮົາຢູ່ໃນມືທີ່ດີທີ່ສຸດ.”
According to Bankman-Fried, the Binance deal protects customers. It is a “user-centric development that benefits the entire industry,” ລາວສັງເກດເຫັນ.
4) A * huge * ຂອບໃຈ CZ, Binance, ແລະຜູ້ສະຫນັບສະຫນູນທັງຫມົດຂອງພວກເຮົາ. ນີ້ແມ່ນການພັດທະນາຂອງຜູ້ໃຊ້ເປັນສູນກາງທີ່ມີປະໂຫຍດຕໍ່ອຸດສາຫະກໍາທັງຫມົດ. CZ ໄດ້ເຮັດ, ແລະຈະສືບຕໍ່ເຮັດ, ເປັນວຽກທີ່ບໍ່ຫນ້າເຊື່ອໃນການກໍ່ສ້າງລະບົບນິເວດ crypto ທົ່ວໂລກ, ແລະສ້າງໂລກເສດຖະກິດທີ່ບໍ່ເສຍຄ່າ.
- SBF (@SBF_FTX) ພະຈິກ 8, 2022
FTX had paused withdrawals
Binance’s agreement to step in came as news spread that FTX had paused withdrawals amid a liquidity crunch. And it all sounded a bit like crypto was back in time to that summer of 2022 and the events that surrounded companies such as Celsius and Voyager after the collapse of LUNA and Three Arrows.
It appears crypto was headed for one of its biggest collapses in history. But Binance has stepped in and on the current FTX situation following the acquisition news, SBF noted:
“ທີມງານຂອງພວກເຮົາກໍາລັງເຮັດວຽກກ່ຽວກັບການລົບລ້າງ backlog ການຖອນຕົວດັ່ງທີ່ເປັນ. ນີ້ຈະເປັນການລຶບລ້າງບັນຫາສະພາບຄ່ອງ; ຊັບສິນທັງໝົດຈະຖືກຄຸ້ມຄອງ 1:1. ນີ້ແມ່ນຫນຶ່ງໃນເຫດຜົນຕົ້ນຕໍທີ່ພວກເຮົາໄດ້ຂໍໃຫ້ Binance ເຂົ້າມາ. ມັນອາດຈະໃຊ້ເວລາເລັກນ້ອຍເພື່ອແກ້ໄຂແລະອື່ນໆ - ພວກເຮົາຂໍອະໄພສໍາລັບສິ່ງນັ້ນ.”