Cryptocurrency analyst Ali Martinez drew a parallel on Monday between the recent events surrounding Michael Saylor’s Strategy Inc. and the 2022 collapse of cryptocurrency exchange FTX. Strategy And FTX: Similarities? In an X post, Martinez noted the sequence of events...
Cryptocurrency analyst Ali Martinez drew a parallel on Monday between the recent events surrounding Michael Saylor’s Strategy Inc. (NASDAQ:MSTR) and the 2022 collapse of cryptocurrency exchange FTX. Strategy And FTX: Similarities? In an X post, Martinez noted the sequence of events that led to the downfall of FTX in 2022, starting with Binance’s (CRYPTO: BNB) announcement to liquidate its remaining FTT holdings, the exchange’s native token. This was followed by a surge in withdrawals, an $8 bill
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