CZ recounts SBF's desperate FTX collapse requests

Changpeng Zhao, founder of Binance, shared details from his memoir about the final days of FTX. He described Sam Bankman-Fried's requests for billions, comparing them to ordering a simple sandwich. Zhao also revealed that signing the FTX letter of intent was merely a formality. He further criticized Caroline Ellison's proposed $22 floor price for FTT as a critical misstep that sealed FTX's fate. The memoir offers a firsthand account of the dramatic events surrounding FTX's downfall.