Many people are laughing at some projects that put their funds in FTX to deposit interest, and now they are in trouble because they cannot withdraw them. In fact, it is not necessary. For enterprises, funds have costs. Unlike the general public who lack financial management capabilities, for enterprises, if more cash stays on the books, it actually represents a cost burden, so the funds are used to earn interest. It is a very common thing to cover part of the costs in operations. In recent years, everyone may have the impression of seeing news about companies buying hedging assets or even buying land and buildings. The most impressive thing is that Meituan bought 300 million yuan of Bitcoin last year. Of course, it is obvious that their decision-makers have no sense of the market...

The fault is with FTX, not their users. 5% interest will not shame greed, but will only put CEX into a trust crisis that is difficult to repair.