Main story 2/2:

Continuing from the main article 1/2, the news also claimed that SBF (relying on the fact that his parents are lawyers) lobbied the US government to say that BN was laundering money for a certain country. This immediately angered CZ, so CZ tweeted that he would remove the money from BN. FTT cleared all the stocks and indicated that due to the huge numbers, it may take several months to complete the clearance. If you think about it, Binance did not directly place a sell order first, but instead tweeted it first. There was a run on the market. There were a lot of runs on the market.