Changpeng Zhao (CZ), CEO of Binance, the world’s largest cryptocurrency exchange, stated that the effects of the crisis in FTX have not yet emerged.
Wall Street Journal’s 11 November According to the news dated in Indonesia Speaking at a conference he attended, CZ said that all the effects of the crisis that FTX was in. has not appeared yet and in the future will gradually feel suggested. CEO, especially FTX close to the ecosystem He underlined that the projects and companies that will be affected by this situation will be adversely affected.
Cryptocurrency market to the 2008 financial crisis Stating that he is facing a similar crisis, CZ pointed out that the effects of the blow taken by FTX will affect other projects and spread over a period of time.
While Changpeng Zhao draws attention to the difficulty of the current situation, he is against the future of the cryptocurrency market. was hopeful. The CEO ultimately believes that the market itself will improve and continue to develop suggested.