Bitcoin critic Nouriel Roubini said that Binance is no different from FTX, but much more dubious.
Professor of economics at New York University, because he correctly predicted the financial crisis of 2008-2009, “Dr. It is known as “Doom”.
Nouriel Roubini Targets Binance
Speaking on Twitter, Roubini said he believes Binance is much more dubious than FTX.
Roubini, who previously targeted Binance CEO CZ, stated that BNB is as dubious as FTT and therefore he considers the asset a potentially dangerous investment.
Dr. Doom said that 87% of BNB is contained in a single wallet, questioning who controls these assets.
Nouriel Roubini also stated that he does not believe in the proof of reserve system that Binance has recently introduced, which allows exchanges to display their reserves in a transparent manner. The economist thinks it’s just another gimmick.
Roubini continued to target the cryptocurrency industry as well. According to him, the crypto industry is nothing more than a “corrupt gamble” that has caused more than 100 million people to lose money.
Crypto is corrupt gambling where the house always & systematically front runs the retail suckers that get rekt. 100+ million suckers rekt globally by a bunch of crypto gangsters: 19700 ICOs were a scam in the first place or went bust. The biggest criminal heist in human history! https://t.co/fNAXFhR5Bo
— Nouriel Roubini (@Nouriel) November 25, 2022