Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO

Former FTX main enforcement serviceman Sam Bankman-Fried utilized Twitter and different means to dispersed "fake rumors" astir Binance main enforcement serviceman Changpeng Zhao, according to Patrick Hillmann.

In an April 21 Twitter thread, Hillmann — the main strategy serviceman astatine Binance — said Bankman-Fried utilized his power to statement CZ arsenic an 'evil Chinese' done “fake rumors” to perpetuate his alleged scams astatine FTX. Prior to and pursuing FTX filing for bankruptcy successful November 2022, SBF and CZ’s nationalist narration was often antagonistic though the 2 exchanges had fiscal ties.

“Sam denigrating CZ was the norm for us,” said Hillman. “Had thing to bash with deciding to merchantability the worthless FTT connected the company's books.”

A large work by @WilliamCohan astatine @PuckNews. One happening they missed, Sam was CONSTANTLY spreading fake rumors astir @cz_binance, due to the fact that shading him arsenic an "evil Chinese" was captious to his scam. You can't unreal to beryllium Luke Skywalker without Darth Vader.https://t.co/oi9JxsqPyz

In November, CZ announced plans for the exchange to liquidate its presumption successful FTX Tokens (FTT) anterior to FTX’s bankruptcy, hinting that Binance would see purchasing the competitor. When the woody fell isolated and FTX filed for Chapter 11, the 2 manufacture heads traded barbs done societal media, with CZ calling SBF a “fraudster” and the erstwhile FTX CEO suggesting that Zhao lied astir the buyout discussions.

Related: New FTX documentary to spotlight SBF-CZ relationship

Zhao continues to pb Binance arsenic CEO and regularly station messages connected societal media amid changes to the regulatory environment for crypto firms. Bankman-Fried, successful contrast, faces 13 national charges including those related to bribery and ligament fraud and has lone constricted Internet entree arsenic portion of his bail conditions.

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