LiveFreeBTC on Nostr: Hot take: FTX was government backed and was being set up to eventually be the ETF ...
Hot take:
FTX was government backed and was being set up to eventually be the ETF custodian to further manipulate price. When it went bust, they panicked and tried to stop ETF approval through Gensler. However, it was too late because of futures approval and grayscale won in court and ETFs were reluctantly approved.
This is all pure speculation by me.
FTX was government backed and was being set up to eventually be the ETF custodian to further manipulate price. When it went bust, they panicked and tried to stop ETF approval through Gensler. However, it was too late because of futures approval and grayscale won in court and ETFs were reluctantly approved.
This is all pure speculation by me.