Former FTX CEO Sam Bankman-Fried (SBF) harshly criticized Binance CEO CZ on Twitter.
Cryptocurrency exchange FTX declared bankruptcy and dragged the crypto industry into a new era. The allegation that FTX CEO SBF used client assets with Alameda created a bombshell effect. The first to voice this was Binance CEO CZ. CZ announced that it will sell FTTs, which are the tokens of the FTX exchange. He said the reason for this is the work going on in the background of FTX. This process resulted in the collapse of FTX and the collapse of the markets. However, the threads between CZ and SBF duo came to a breaking point with the last argument.
SBF and CZ Confronted on Twitter
Binance CEO Changpeng Zhao (CZ) talked about FTX events on Twitter during the day. CZ officially used the phrase scammer for SBF in his post. Kevin O’Leary’s mind on crypto also caused him to align with a scammer, CZ shared. Is he seriously defending SBF? said.
CZ, who used the phrase scammer about SBF before, preferred the same language. CZ stated that FTX has invested a total of more than $5.5 billion in many companies. Talking about FTX’s investments, CZ said, “On top of that, FTX has spent money on the Miami Stadium, numerous Super Bowl commercials, baseball referees, F1 and huge political donations and luxury real estate. Oh, and a reprehensible misuse of client funds.” said.
Binance boss CZ, on the other hand, targeted Kevin O’Leary. CZ stated that O’Leary’s loss of $15 million in the crypto market didn’t work. O’Leary is still known for his support for the SBF.
Former CEO of FTX, SBF, did not remain silent about these shares made by the Binance boss. SBF reused the phrase you won to CZ. Also, SBF told CZ not to lie about the purchase anymore.
Responding to CZ’s post, SBF said, “You won! No need to lie about the purchase anymore. We have started negotiations with you about the purchase and have decided to do so because it is important to our business. Even though your bargaining tactics disappointed me, I chose to do it anyway.” said.
SBF: You Threaten To Walk Out If We Don’t Give An Extra $75 Million!
Former FTX CEO Sam Bankman-Fried (SBF) made a sensational claim about Binance boss CZ. Replying to CZ’s social media post, SBF said, “You threatened to walk away at the last minute if we didn’t deposit an extra $75 million.” said.
Additionally, SBF disclosed to CZ that as an investor it has no right to sell the FTTs. As the reason, it showed that Binance investments were kept locked.
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