Mario Nawfal

🚨Source from @kantormusic - "FTX is one of 3 black swan events about to take place. There are 2 others, 1 is an exchange and 1 is a custodian"

"As of last month, there is 1.6m BTC on centralized exchanges that can be sold (on ppl's accounts, not reserves). That is 10% of all BTC in circulation, likely more as a lot of BTC is likely lost" - @kantormusic

"Over $7bn in liabilities for Alameda. Both Alameda and FTX cold go to Binance for essentially free" - @buda_kyiv

3k Bitcoin just moved to Bitfinex

"Alameda is insolvent. Alameda is gone." - @cryptomanran 🎙️

Last buy wall for $FTT is $5, then $0 Possible reports from on-chain analytics that we may see a 30% correction for BTC and ETH - @kantormusic

"The last part of the great deleveraging of crypto is ongoing" - Ran

"CZ is not saving the day, but CZ is buying an exchange and their users, and not the liability and the problem, which is Alameda" - Ran 🎙️

"Alameda is much larger than 3AC, and they are now insolvent" 🎙️ The dominoes could continue falling...

This is much bigger than Luna - @cryptomanran

Binance acquires FTX, but the $FTT token has no rights and is useless, it has no value - @cryptomanran

Rumour: Binance bought FTX for $1 and FTX has a $2bn hole This is a rumour mentioned on the show, again A RUMOUR, not confirmed! Thoughts?

Massive influx of ETH and BTC into Coinbase pro 🚨

The final capitulation?

BREAKING! U.S. COMMODITY FUTURES TRADING COMMISSION IS "MONITORING" BINANCE-FTX SITUATION - SPOKESPERSON Reuters

"Our analysis shows CEX Armageddon is incoming" - @buda_kyiv

BREAKING! Withdrawals at t.co/CTiqBdMZwK "Effectively Paused" - CEO Sam Bankman-Fried in Telegram Message to Staff: RTRS

Binance is the same for crypto as the US government was for the banks in 2008

Join us again in 2 days to review the impact of today's Binance acquisition of FTX t.co/PalDhGL3x7

🚨BREAKING🚨 t.co/H6mFOaVmoD

Was this all premeditated?

"Maybe CZ hasn't twisted the knife yet?" 🎙️

Binance does 10x the volume of FTX. Ppl loose sight of how powerful CZ is.🎙️

CZ timed this perfectly 🎙️

"The acquisition impacts only the non-US businesses, FTX. FTX will remain independent of Binance. The deal, according to Tweets from both Zhao and Bankman-Fried, rests on a non-binding letter of intent, pending full due diligence." 🎙️

"This is a VERY serious situation" 🎙️

"FTX didn't have enough liquidity to meet US banking standards. Their stable coin reserves were below the liquidity banks need to hold, and more leveraged than what the post glass steagall act allows" 🎙️

"FTX was hours away from becoming illiquid" 🎙️

From @kylechasse 😂 t.co/tSj2sranz9

Binance acquiring FTX?? Discussing it live now This is freaking insane developments in 1 day!