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Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed

Por: The New York Times Business December 09, 2022

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The day before the embattled cryptocurrency exchange , , the chief executive of the rival exchange Binance, sent an alarmed text to , FTX’s founder.Mr. Zhao was concerned that Mr. Bankman-Fried was orchestrating crypto trades that could send the industry into a meltdown. “Stop now, don’t cause more damage,” Mr. Zhao wrote in a group chat with Mr. Bankman-Fried and other crypto executives on Nov. 10. “The more damage you do now, the... + full article



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