Binance CEO: FTX founder SBF should stop tweeting and fix his problems
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Answer Binance CEO: FTX founder SBF should stop tweeting and fix his problems
Changpeng Zhao advised Binance CEO Sam Bankman-Fried (SBF) to stop posting misleading tweets and instead focus on his massive problems with FTX.
In one of his tweets, the SBF referred to a shadowy partner who had a role in the platform’s collapse, with some speculating that he is alluding to Mr. “CZ” of Binance.
rejection “CZ” that only the mentally ill could put out such a tweet, claiming that the industry is not a boxing match and that Binance has never viewed any of its competitors in this way.
SBF Fumbled After FTX Collapse:
The recent crash of cryptocurrency exchange FTX has caused massive investment losses and turmoil in the crypto market.
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Logically, most people blamed former CEO Sam Bankman Fred and insisted on an explanation for the debacle.
SBF issued a series of tweets that did not provide sufficient clarification about the event, except for a tweet hinting that Binance and “CZ” were behind the collapse of the FTT coin, which in turn negatively affected the FTX platform.
But “CZ” replied that he had never thought this way, and told the need for SBF to stop publishing its confusing tweets and focus on fixing the problems left by the company’s collapse, and added:
He should be working on other things, not tweeting.
Honest advice, Sam, stop doing what you’re doing, don’t do anything else, put on a suit, go to D.C. and start answering questions.
“CZ” responds to “Nouriel Roubini”:
Renowned economics professor Nouriel Roubini recently blasted the cryptocurrency sector with his critique and opened up saying that Changpeng Zhao is part of the “seven sins” of the crypto space, the other six being:
Hidden, corrupt, con artists, criminals, crooks, and barkers at the carnival.
The Binance boss said he did not care about this criticism, emphasizing that people with negative energy do not make things good in life.
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He added that his company cooperates with major global regulators and that its operations are completely legal.
As such, there is no doubt that Binance is part of the good side in the cryptocurrency world, according to CZ.
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