Changpeng Zhao, chief executive of the top crypto exchange Binance, says disgraced former FTX CEO Sam Bankman-Fried is a “master manipulator” who “perpetuated a narrative” against him.
Zhao says on Twitter that it’s a “wrong narrative” that his tweet killed FTX in November.
[adinserter block="1"]“FTX killed themselves (and their users) because they stole billions of dollars of user funds. Period…
No healthy business can be destroyed by a tweet.”
The Binance CEO says his exchange doesn’t focus on competitors because the industry has only captured 6% of the population. He says the company wants multiple exchanges to coexist in the space.
Zhao also says Bankman-Fried lied to his customers and didn’t have good intentions.
“SBF perpetuated a narrative painting me and other people as the ‘bad guys.’ It was critical in maintaining the fantasy that he was a ‘hero.’ SBF is one of the greatest fraudsters in history, he is also a master manipulator when it comes to media and key opinion leaders.”