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FTX Chief Sam bakeman freed responded by saying his exchange is fine and has been the subject of false rumors Jim wild 24 hours it turns out that the White Knight the so-called JP Morgan the Warren Buffett of crypto has turned out to be just another over leveraged crypto bro Jeremy a lot of folks looking at this and saying this is like the quicksand moment something crazy just happened in the crypto markets folks FTX one of the largest exchanges in the world has imploded but whats even crazier is the truth about how this all went down and were going to get to that in a minute and trust me its a crazy story to make sure everyones on the same page heres a breakdown of the events real quick so last week rumors began to swirl that FTX could be facing a liquidity Crunch and FTX users began withdrawing their funds from the exchange now at that time those were just rumors but then on Sunday the CEO of binance CZ sent a tweet that really started this whole spiral saying as part of binanc
