The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
Hey all: I have a few announcements to make.
Things have come full circle, and FTX.com’s first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for FTX.com (pending DD etc.).
today will be a bitcoin firesale. open up those dry powder pockets. $16k incoming
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
view on twitter.comUPDATE:
Well, now we know what the "strategic transaction" was.
CZ: "We signed a non-binding LOI, intending to fully acquire FTX" 🧵
#91098
https://twitter.com/cz_binance/status/1590013613586411520 [Nitter]