Binance Walks Away From FTX Bailout

The video discusses recent developments in the financial market, focusing on Binance's withdrawal from a deal and the significant financial gap in FTX's assets and liabilities. It highlights regulatory insights from the SEC and CFTC, questioning the appropriate regulatory body for such markets. The discussion also covers the role of FTX US and the potential impact on market stability, especially concerning the FTT token's collapse.

What concerns arise regarding customer funds in light of the FTX situation?

How does the CFTC's regulation differ from that of the SEC regarding cryptocurrency?