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CZ: Comparison with Sam Bankman-Fried Is an Insult

Changpeng Zhao (CZ), former CEO of Binance, has called comparisons between himself and Sam Bankman-Fried (SBF), the bankrupt founder of FTX, an “insult.”

Changpeng Zhao (CZ), former CEO of Binance, has called comparisons between himself and Sam Bankman-Fried (SBF), the bankrupt founder of FTX, an “insult.” Zhao highlighted the fundamental differences between Binance and FTX, stressing that Binance is one of the world’s leading cryptocurrency platforms with a strong track record and stable infrastructure, focusing on trust and financial transparency—unlike FTX’s controversial approach. He also stated that such comparisons undermine public confidence in cryptocurrencies and urged the media to be more careful in their judgments. Although CZ is no longer Binance’s CEO, he still holds a significant stake in the company and remains an observer of its future direction.

Source: cryptopolitan.com

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