Galaxy Digital CEO Michael Novogratz claimed that El Salvador’s Bitcoin (BTC) reserves are in FTX and that the government has called CEO Sam Bankman-Fried and asked for their assets to be returned. Thereupon, Binance CEO Changpeng Zhao (CZ) announced that he had met with Nayib Bukele and that the news was false.
Novogratz 10 November to CNBC on in an interview he gave, While many institutional investors state that their assets are stuck in FTX, the Central American country that has come to the fore with aggressive Bitcoin investments. El Salvador too claimed to have.
According to Novogratz’s statements, the government of El Salvador vfor the return of the bees Met with Sam Bankman-Fried. Novogratz interview He did not give any information about the details and the result.
On the other hand, Binance CEO CZ posted on his social media account a few hours after the statements. in his postPresident of El Salvador Nayib Bukele that you have just communicated with and that El Salvador Don’t have Bitcoin on FTX explained what he said. CEO, online Too much misinformation also noted that.
Michael Novogratz later on social media in his post used the following terms:
I got wrong information and I should have stated that it was unconfirmed information in the article, but I didn’t, I apologize to the people of El Salvador and Nayib Bukele. Mr. Bukele, I’m a big fan of what you’ve done in El Salvador. Also, thank you to Changpeng Zhao for correcting this mistake.
On the other hand, the decline of Bitcoin after the developments, Loss of El Salvador’s 2,308 BTC investment According to unofficial estimates, approx. to 60% caused it to come out.