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The cryptocurrency world has been talking almost exclusively about FTX lately. down to every detail from here To summarize the event you can reach; FTX, one of the
The cryptocurrency world has been talking almost exclusively about FTX lately. down to every detail from here To summarize the event you can reach; FTX, one of the largest cryptocurrency exchanges in the world, is official bankrupt and confidence in cryptocurrency markets is gone again. One of the leading names in the industry, Binance CEO Changpeng Zhao has been one of the most criticized names in this process.
On the other hand, CZ held an AMA (question and answer) event on Twitter yesterday. As you can imagine, FTX was the main agenda item of this event. CZ, which was criticized for giving confidence to invest in FTX at the request of users, he eventually lowered the sack onto himself. However, Binance’s CEO said other equity investors joined them in the collapse of FTX. that you are guilty he accepted.
“Why have all the investors, including us, invested in it? That’s actually a bit of a shame. i think it’s true. All the investors who invested in FTX made a mistake and many of them were very professional investors. Why hadn’t they foreseen that something like this could happen?” Speaking of which, CZ still it’s not just their fault mention. According to Binance’s CEO, the investors were also guilty…
As a user, you also have a responsibility. You cannot assign all the responsibility to others.. If you always blame someone else when bad things happen, you will always fail. And you’re always looking for the person who is most responsible for yourself, yourself.” CZ with the phrase, Binance is also losing mention.
Binance, since 2019 He was one of the companies that invested in FTX. CZ has also raised this issue. 580 million dollars worth of FTT (FTX’s native cryptocurrency), they could only sell a small fraction of it. According to CZ, Binance, like other investors, was a result of the collapse of FTX. had hurt.
According to CZ, Binance’s only loss was not the FTT they held. insurance funds Say they madeWe don’t want to create a situation where everything falls within the industry. Binance, to provide this Pay must.” used his words.
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Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.
