CZ reveals in his memoir Freedom of Money (released April 2026), that SBF treated the FTX bailout as a trivial request, while characterizing Alameda's $22 FTT price floor as a fatal error that triggered the collapse. CZ further details handling a $7 billion bank run on Binance in December 2022 by relying on 1:1 reserves, maintaining that he never intended to fully acquire a deeply insolvent FTX.
