Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, claimed that the FTX hack attacks were a lousy show.
The world’s second largest cryptocurrency exchange, FTX, has recently come to the fore with hack attacks. The hacking attack of the bankrupt cryptocurrency exchange and the theft of an asset of 400 million dollars occupied the agenda. In recent events, dozens of cryptocurrencies have been observed exiting the FTX exchange. The crypto industry has stated that this is a hack attack. Also, Tether blacklisted a wallet it thought belonged to the hacker. While the FTX events did not stop, a striking statement came from the CEO of Binance.
Binance CEO: A Terrible Show
Binance CEO Changpeng Zhao (CZ) evaluated the FTX hacking events that had a bombshell effect on the agenda. CZ claimed it was a terrible show.
Binance boss CZ commented on the events on Twitter. Targeting the hacking of the FTX exchange, CZ suggested that the events would be the crypto industry’s fault rather than one man’s fault.
FTX CEO Sam Bankman-Fried’s liquidity problems and opening transactions with customer funds had a bomb effect on the agenda. CZ, who made a move after sensing the issue, has a large share in the collapse of the FTX stock market.
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