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Binance CEO Zhao: Crypto Overall Is Fine Despite FTX Fallout

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Changpeng ‘CZ’ Zhao, chief executive officer of digital-asset exchange Binance Holdings Ltd., discusses the fall of Sam Bankman-Fried’s FTX empire and its implications for the broader crypto market. He also talks about Binance’s strategy, and the possibility of setting up a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector. He speaks with Haslinda Amin on “Bloomberg Daybreak: Europe.” (Excerpt)
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15 Comments

  1. Why does the financial press invite Binance an organisation so shady that we don't even know where its HQ is we don't know of its group structure we don't know of its financial health we don't even know from where CZ got the money to establish Binance.

    This is a shady company similar to FTX the only difference is that as of 3 weeks ago we've become aware of FTX's shenanigans…

    Binance is equally dodgy.

  2. An exchange is basically a marketplace. We should be working on a web3 Amazon, that's open source, that anyone can plug into, including Amazon.

  3. Everywhere crypo is crashing. Multiple companies and multiple networks are about to collape… SBF said EXACTLY the same thing right before the crash…
    CZ is LYING.

  4. Can you Explain how beginners can make huge profit within a short period of time? I feel it's the best time to get started on the market, heard some guy speaking of making over $3.5M within 4months of investing $450k. any suggestions pls

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