Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?

Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?


In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market. Since it happened, there has been some finger-pointing as participants in the space look for someone to blame, and some of those fingers have been pointed at Changpeng Zhao.

Is CZ The Cause?

The bank run on the FTX crypto exchange had actually started when Binance CEO Changpeng “CZ” Zhao made it public that the exchange was planning to sell its FTT holdings. What would follow was a rollercoaster couple of days that would end in a bankruptcy filing on the

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