Binance to acquire FTX
SBF said "We don't invest client assets (even in treasuries)". [0]<p>He then says the purpose of the transaction with Binance is to "clear out the liquidity crunches". [1]<p>How could there be a liquidity crunch if assets are not invested? You can't do a bank run on an entity that doesn't function as a bank and doesn't invest clients assets... Something is shifty.<p>[0] <a href="https://twitter.com/sbf_ftx/status/1589598285798707202" rel="nofollow">https://twitter.com/sbf_ftx/status/1589598285798707202</a><p>[1] <a href="https://twitter.com/sbf_ftx/status/1590012126701441025" rel="nofollow">https://twitter.com/sbf_ftx/status/1590012126701441025</a>