Binance CEO Changpeng “CZ” Zhao and former FTX CEO Sam Bankman-Fried (SBF) have revealed new details about the failed agreement between the exchanges during FTX’s liquidity crisis in November.
In a Dec. 9 Twitter thread, CZ referred to Bankman-Fried as a “fraudster,” saying Binance exited its position in FTX in July 2021 after becoming “increasingly uncomfortable with Alameda/SBF.” According to the Binance CEO, SBF was “unhinged” at the exchange pulling out — a claim that prompted an online response from the former FTX CEO.
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