Binance CEO’s Note Leaked! What Did They Talk To The FTX CEO? Has FTT Sale Stopped?

Cryptocurrency markets for three days FTX and Binance He is having a hard time due to the tension between

After the Binance CEO announced that he was considering buying FTX, the process evolved to a different point.

The market saw this news as a declaration of FTX’s bankruptcy and made a big sale.

Investors BinanceFocusing on positive news from , the Financial Times arrived at a note from CZ to its employees.

Stating that the collapse of FTX is not good for the crypto industry, the CEO said that trust in crypto has been severely shaken, and this may trigger a tougher review by the regulators.

It was also stated in the note that Binance’s recovery plan to purchase FTX was not a win.

CZ added that regulators will scrutinize exchanges further and it will be even more difficult to obtain licenses anywhere in the world.

FTXStating that they did not plan to buy . and this situation developed spontaneously, CZ said:

“SBF called me 24 hours ago. Before that call, I knew very little about the internal state of FTX. I was surprised when he wanted to talk. At first I thought you were calling for an OTC agreement but here we are today.

After this conversation, I ordered Binance to stop selling FTT tokens.”

Concluding his note with an emphasis on greater transparency, Cz added:

“We have to significantly increase our transparency, our proof of reserve, our insurance funds. Much more to come in this area. We have tough jobs ahead of us. Not to mention the wildly rocking prices.”

Stating that if they buy FTX, it will put them on the target, Cz said, “People think we are the biggest now, they will attack us more.” said.