CZ publicly addresses ‘wrong narratives’ surrounding FTX, Alameda

Binance CEO Changpeng ‘CZ’ Zhao addressed a fig of allegedly ‘wrong narratives’ that person been circulating connected societal media successful caller weeks.

A database of incorrect narratives I person seen recently.

— CZ Binance (@cz_binance) December 6, 2022

CZ addressed 5 circumstantial “wrong narratives”:

1. “CZ wants to beryllium the savior of crypto”
2. “FTX was killed by xyz (ie, a 3rd party)”
3. “SBF had bully intentions, but conscionable made immoderate mistakes”
4. “CZ’s tweet destroyed FTX”
5. “SBF vs CZ: The Epic Showdown”

In addressing the archetypal point, CZ said “crypto doesn’t request saving,” and explained that Binance wished to enactment “other bully projects” that are financially suffering owed to caller events.

On the 2nd point, CZ alleged :

“FTX killed themselves (and their users) due to the fact that they stole billions of dollars of idiosyncratic funds. Period.”

In respect to the 3rd constituent discussing Sam Bankman-Fried’s (SBF) bully intentions contempt mistakes made, CZ said:

“Lying is ne'er with bully intentions.”

3 “SBF had bully intentions, but conscionable made immoderate mistakes.”

Lying is ne'er with bully intentions.

— CZ Binance (@cz_binance) December 6, 2022

When discussing the 4th ‘wrong narrative’, CZ rejected the thought that ‘CZ’s tweet destroyed FTX’ by explaining that a tweet could not destruct a “healthy business.”

Although, CZ past pointed to a tweet by Alameda Research CEO Caroline Ellison arsenic an illustration of a tweet that “may have” destroyed a business.

4. “CZ’s tweet destroyed FTX”

No steadfast concern tin beryllium destroyed by a tweet.

However, determination was a tweet that whitethorn have, Caroline’s tweet 16 minutes aft excavation connected Nov 6. Data shows it was the existent origin for radical to dump FTT:https://t.co/yWFqKvbqMU

— CZ Binance (@cz_binance) December 6, 2022

“She gave her level terms away…”

Still addressing the aforesaid point, CZ described SBF arsenic “one of the top fraudsters successful history” and “a maestro manipulator erstwhile it comes to media and cardinal sentiment leaders.”

To reason the thread, CZ addressed the “SBF vs CZ” narrative:

Back to Building! (#BNB)

— CZ Binance (@cz_binance) December 6, 2022

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