Crypto

CZ says that FTX paid $43 million to run Binance FUD in the media

By Mitchell

january 25, 2022

Binance

FTX founder and CEO of Binance Zhao said that FTX paid more than $43 million to a crypto news site to write bad things about the Binance exchange.

Binance

When FTX went down, it caused a chain reaction in the crypto industry that cost billions of dollars. There was a lot of pressure on crypto exchanges to show proof of their reserves

Binance

In December, there were several FUD attacks on Binance. Some people have pointed out that the exchange's auditor used a method chosen by Binance to determine the number of reserves.

Binance

In December, there were several FUD attacks on Binance. Some people have pointed out that the exchange's auditor used a method chosen by Binance to determine the number of reserves.

Binance

On December 12, there were rumors that US prosecutors would arrest Zhao and other top Binance executives.  Zhao says that the FUD was spread in many ways, but that FTX was the main culprit.

Binance

Problems between FTX and Binance come from fights between Changpeng Zhao and Sam Bankman-Fried, who used to be the head of FTX (SBF). The SBF's call for more crypto regulation was a disagreement between the two.

Binance

On December 12, there were rumors that US prosecutors would arrest Zhao and other top Binance executives.  Zhao says that the FUD was spread in many ways, but that FTX was the main culprit. 

Heptagram

Read more stories

Meta, Google

grilled over misinformation

Monster Hunter Rise

Update 3.6.1.1 – Patch Notes

Heptagram
Heptagram