CZ claims that Kevin O’Leary’s loss of $15 million from FTX as a spokesman has altered his mind regarding crypto. It also forced him to defend and support a fraudster who stole money from customers.
Kevin O’Leary, on the other hand, continues to defend SBF. During a CNBC Squawk Box interview, O’Leary defended SBF once more, saying he is innocent until proven guilty. In response, Binance CEO said:
CZ stated that the company does due diligence even after investing. Binance was an early investor in FTX, but the Alameda and SBF ties made them uneasy. Thus, they opted to depart.
Binance CEO stated that the company would quit the crypto exchange FTX in July 2021. Since then, FTX has invested more than $5.5 million in a variety of businesses.
When Binance withdrew as an investor, he claimed Sam-Bankman-Fried threatened Binance staff members. “We still have those text messages,” he claimed.
SBF only invested in friends from the media, politicians, and celebrities like Kevin after Binance’s leave, according to Binance CEO, who alleges SBF exploited his power to sway public opinion, including targeting him and others in the crypto company.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
Hashdex spot Ethereum ETF application has been withdrawn, with the reasons undisclosed.
Key Points: Mastercard Crypto Credential launched, making blockchain transactions simpler and more secure. It facilitates…
Austin, Texas, 29th May 2024, Chainwire
Merlin Chain has witnessed an unprecedented surge in BTC transfers over the past 45 days.
Gemini has announced that its Earn users received $2.18 billion worth of their digital assets…
In recent years, cryptocurrency-use in online casinos has skyrocketed. What was once a niche currency…
This website uses cookies.