I like this take. Not sure if capturing a company that big is that easy though.
The gambit goes as follows: bend the knee OR face a mountain of fines and lose access to your biggest market.
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Ye, I get ya, it's just that, I think FTX was corrupt to the bone instead of just captured.
From the beginning, yes I agree.
If Binance puts up a bloody fight
If the levies quietly get dropped
Both contain signal ☝🏻