Sean

Have fun

[Sean @nesnes_sean]

@0xGoldenDegen May i know how you get the information for 30m in revenue?

[Sean @nesnes_sean]

@PPLSOPTIMISMCEO Hi, GM, i interested on the AIagents and keep reading it, understandpotential of the project, but as investor point of view, want to know if possible there also financial statement, revenue, to serve as evidence that it works, sorry i am new and keep explore on defi space

[Sean @nesnes_sean]

@chickengenius Please go into details, thanks!

[CZ 🔶 BNB @cz_binance]

Two big lessons:

1: Never use a token you created as collateral.

2: Don’t borrow if you run a crypto business. Don't use capital "efficiently". Have a large reserve.

Binance has never used BNB for collateral, and we have never taken on debt.

Stay #SAFU.🙏

[Jon Wu @jonwu_]

At the same time, $FTT had remarkably low circulating liquidity relative to Alameda and FTX's holdings.

In other words: even if Alameda wanted to sell the $5.8B of $FTT it had, there wouldn't be enough buyers:

Alameda's holdings represented 2-3x $FTT's circulating supply!

[Jon Wu @jonwu_]

FTX was the world's 3rd largest crypto exchange.

Today it's said to be insolvent and in the midst of an acquisition by Binance.

Here's everything you need to know about Alameda Research and the collapse of FTX:

👇