The CEO of Binance, the world’s largest cryptocurrency exchange, CZ, who was in his portfolio last weekend FTX’s native token FTTHe said they would dispose of it periodically.
In the developments that followed, it was understood that FTX had liquidity problems.
Binance CEO CZ and Sam Bankman Fried, CEO of FTX, In their statements, they announced that FTX was purchased by Binance and that they signed a temporary agreement on this issue.
After these statements, it came to the agenda whether some important names in the crypto money industry invested in FTX and Alameda Research.
Cryptocurrency reporter Colin Wu Tether’both in CircleHe made a post about the need to disclose their financial relations with FTX and Alameda.
Reply to this post by Wu Blockchain Tether CTO Paolo Ardoino, World’s largest after Binance buys FTX stablecoin announced that its issuer Tether is not exposed to FTX or its sister firm Alameda Research.
Tether CTO made the following statements in his post:
“To be clear, Tether has no contact, no exposure whatsoever to FTX or Alameda.
It’s empty. Maybe it’s time to look elsewhere. Sorry guys. Try again.”
Ardoino stating that Alameda has issued and used Tether (USDT) in the past “However, no credit risk maturity has come. Tether is issued and redeemed by our customers upon market demand.” said.
To be clear: #Tether does not have any exposure to FTX or Alameda. 0. Null.
Maybe is time to look elsewhere.
Sorry guys. Try again. https://t.co/1bRNUGrttr— Paolo Ardoino 🍐 (@paoloardoino) November 9, 2022
Like Tether CTO Circle CEO Jeremy Allaire He denied rumors that de Circle was exposed to either FTX or Alameda.
“Circle has no financial exposure to FTX and Alameda. “
gm
1/ Lots of FUD accruing out there, so another thread to help dispel the noise.
— Jeremy Allaire (@jerallaire) November 9, 2022
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