CZ says SBF asked for billions 'like a Bologna sandwich' as FTX collapsed
Burns Brief
In his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison's $22 floor price offer a "fatal mistake The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
In his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison's $22 floor price offer a "fatal mistake."
Key Takeaways
- In his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison's $22 floor price offer a "fatal mistake