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FTX has a ~$8B hole.

It was far cheaper for CZ to pay the $4.3B fine.

Depends if buying FTX would have stabilized the price of their FTT coin. That would have filled in some of the hole. And then CZ wouldn't have had to step down

So FTX would still be in the hole, and CZ is likely in the hole.

Sounds like kicking the can down the road to me. That won't end well.

SBF commits fraud and loses $8b, CZ pleads guilty and pays $4.3B fine and loses access to US market. I don't know why so many people think the crypto space is legit and this is just a temporary setback.

Kicking the can down the road is the name of the game in ponzi schemes

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