Binance Squares Off With FTX

When it comes to crypto, this battle is as heavy as it gets. Last week's CoinDesk report that questioned the financial health of Alameda Research, the trading arm of FTX CEO Sam Bankman-Fried's crypto empire, prompted Binance CEO Changpeng Zhao to announce the exchange will sell its entire holdings of FTX's native token, FTT. And now we’ve seen a cycle of thinly veiled, passive-aggressive tweets between SBF and CZ, as the FTX boss attempts to ease concerns about the health of his companies. At the top of today’s Real Vision Crypto Daily Briefing, Nico Brugge and Ash Bennington provide additional color for this gripping, market-moving story. Nico and Ash also talk about a report that Binance helped Iranian firms trade crypto despite U.S. sanctions and OpenSea's take on NFT creator royalties. Later, political strategist Bobby Kaple joins the conversation to talk about crypto’s impact on Tuesday’s midterm elections in the U.S. Learn more about your ad choices. Visit podcastchoices.com/adchoices