Changpeng Zhao, CEO of Binance, said that Sam Bankman-Fried, founder of FTX, was “lying”.
Zhao, who participated in a question and answer event on Twitter, “I think Sam Bankman-Fried has lied to his users, shareholders and regulators around the world. He is the biggest culprit (of what happened).” said.
Zhao also owns FTX He didn’t know how bad he was financially.stated that he learned this information only while speaking to Sam Bankman-Fried on the phone, and that the process that FTX went through was an “incredible surprise” for everyone.
After the events in FTX, some cryptocurrency exchanges to emphasize the importance of proof of reserve. started. Zhao on proof of reserve He had a meeting today with Vitalik Buterin, co-founder of Ethereum. told.
According to Zhao’s statements, he is one of those present along with Vitalik Buterin. “a much more reliable system” announced that they will cooperate to develop