cryptonews: Kevin O'Leary has caused a backlash after claiming that Binance deliberately caused the collapse of FTX.
Binance's CEO, Changpeng Zhao, addressed these allegations by retweeting an old thread that slammed O'Leary for making "baseless attacks."
At the time, CZ criticized FTX for its "reprehensible misuse of customer funds" — and said that, as an early investor, Binance was "increasingly uncomfortable" with Alameda Research and moved to exit the investment over 18 months ago. He claimed SBF had "invested" in friends in high places — policymakers and celebrities among them — and "used that network to manipulate public opinion, including attacking me and others in the industry." CZ added:
"If Kevin O'Leary is looking for someone to blame for the implosion of FTX, he should start by wagging his finger at his investment partner Sam, and then perhaps at the man in the mirror."I cover the crazy world of crypto.
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