Past messages have emerged between Binance CEO Changpeng Zhao (CZ) and Sam Bankman-Fried (SBF), former CEO of bankrupt cryptocurrency exchange FTX. In messages, CZ accused SBF of trying to crash Tether (USDT).
New York Times December 9 one day before FTX filed for bankruptcy. CZ, SBF and a few other top FTX officials one in which included messages spoken in the group. Allegedly, CZ, SBF, and his team are using cryptocurrencies. to destabilize by working blamed and recommended that these activities be stopped immediately.
In the resulting messages, CZ’s SBF Alameda Research over 250 thousand one of the industry’s strong stablecoins with a dollar trade move Tether (USDT) It was seen that he accused him of trying to break his fixity. There was a tense dialogue between CZ and SBF, who stated in the messages that they would stop what they were doing in general and that they would face more prison sentences if they caused more harm.
of SBF, “Do you really believe we can break USDT with $250,000?” to his message, CZ said he knew they couldn’t but that they may cause problems replied.
Another piece of advice CZ gave to SBF in the messages was:
My advice: stop whatever you’re doing. Put on a suit and head back to DC, start answering questions.
SBF is against this recommendation of CZ. He was seen thanking her kindly.