.@IOHK_Charles recently talked about the Cooper and Kirk open letter to Congress on Choke Point 2.0
Here are some of the main points brought up ๐งต
#Cardano#crypto#Bitcoin
Senator Sinema in Senate Banking Committee Hearing March 28th, 2023 to Michael Barr Vice Chair of the Federal Reserve:
"When people on Reddit and Twitter can spot bank mismanagement before the regulators, something is terribly wrong." ๐ฅ๐ฅ๐ฅ
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Dear @SenWarren, your dedication to the well-being of Americans is inspiring. ๐บ๐ธ This thought-provoking video explores 3 Congressional actions worth considering to protect US citizens & secure our nationโs future. Your insight on these ideas would be invaluable. Please take a moment to watch & share your thoughts โค๏ธ - https://t.co/HLeOnOSQXV
How to Save America ๐บ๐ธ 3 Actions Congress Should Take โ (United States in Jeopardy! ๐จ)
1/ Ok so just processing this out loud because I am pretty mindblown that FTX chose - of all options, a buyout from Binance.
These were the options open to SBF: (a) seek emergency debt financing, (b) seek new money investment, (c) liquidate assets and/or (d) buy time...
1) Hey all: I have a few announcements to make.
Things have come full circle, and https://t.co/DWPOotRHcXโs first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for https://t.co/DWPOotRHcX (pending DD etc.).
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.