What is so strange about this and seems a bit fishy is how quickly this has all happened. How has Binance decided in about 24 hours to not do the deal? With other deals of this type, this process typically takes weeks if not months. Any insights?
CZ is playing 4D chess. FTX goes down and customers flee to Binance. Why pay for something that will be free? Or pay pennies on pennies on the dollar in bankruptcy court where nobody will be bidding except maybe with a 10-foot pole.
